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No, because it is

not a proper

nou

n.

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Q: Should Fiscal Year 2018 be capitalized?
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Should holiday season be capitalized?

The word enjoy should be capitalized o nly if it is used i n the begi n ni ng of the se nte nce but the New Year should always be capitalized. It should be- E njoy the New Year.


Should Spring 2009 be capitalized?

Yes, "Spring 2009" should be capitalized because it is a specific season and year.


Is new year capitalized in As you prepare to enter the new year?

Yes. New Year should always be capitalized. It should be- As you prepare to e nter the New Year


Should date and year be capitalized?

Both of them should be.


What does the matching principle require?

The matching principle requires that cost of each fiscal year should be matched with revenue of that fiscal year and no previous or future period cost and revenues can be match in current fiscal year.


If dividends are declared in a fiscal year but a portion is to be paid in the next fiscal year what amount is record for the currect fiscal year Retained Earnings Statement?

Dividends declared will not be recorded until they are actually paid. You should record the portion paid this year in your retained earnings and the portion that is paid in the next fiscal year in the subsequent year.


How do you know what a business's fiscal year is?

The fiscal year is (or should be) stated in a company's charter. If it's incorporated (with stock sold to the public), the fiscal year will be stated in its annual reports to stockholders. Even if not publicly owned, the fiscal year MUST be stated in its tax returns, which ought to be a matter of public record.


How accrual basis of accounting is related to matching concept?

Accrual basis accounting system is based on the concept of matching principle which dictates that revenues of same fiscal year should be matched with expenses of same fiscal year.


Should a perpetual license for software be capitalized-How would the life be determined?

Licenses that last longer than a year should be capitalized. However, licenses that are paid for only a year do not have to be capitalized. The life is determined by usefulness.


Should summer be capitalized if a year follows?

Yes.


Do you capitalize new year's resolution in a sentence?

New and Year should be capitalized but resolution should not.


Matching concepts of depreciation?

basic matching concept of account is that all expenses of same fiscal years should be matched with revenues of that fiscal year and depreciation is also charged for that portion of asset which is used in specific fiscal year.