The investor must consider the unrealized capital gain (or loss) as part of his/ her total return. The fact of matter is that if the investor so wanted, he she could sold the securities and realized the capital gain (or loss).
Yes, purchases returns should be included in the profit and loss account as they reduce the total cost of goods sold. When goods are returned, the value of those returns is deducted from the total purchases, thereby affecting the gross profit calculation. This adjustment helps provide a more accurate representation of the company's profitability during the accounting period.
No. Section 2.01 of the Appendix of Revenue Procedure 2002-9 allows an automatic change of accounting method without amending past returns. Your accountant will need to complete a form 3115 showing the calculation of the depreciation adjustment following the study.
First have him explain why - maybe it wasn't to be included...if he made an error, which is still YOUR primary responsibility in all cases, have him correct it, whihc he should do for free.
IRS form 3800 is used to claim any of the general business credits. The IRS began accepting tax returns for the vast majority of taxpayers on January 30.
Sales returns day book only record the sales returns in any day and no other entry is recorded in it.
Yes purchase returns are deducted from purchases to calculate the net amount of purchases and that's why included in cost of sales.
A pseudo-random number generator.
yes
venture capital
dividends
ROACE stands for Returns on Average Capital Employed
Risk, efficiency and expected returns.
Land - Rent Labour - Wages Capital - Interest
Diminishing Marginal returns to capital and labor.
Normally expressed in percentages, Return on Capital Employed measures the returns particular business gets from capital employed which is calculated based on the company's equity.
Forumula for calculation of actual saees: Actual sales = (number of units sold * Sales price ) - sales returns and discounts
No, they don't effect your tax calculation if that's what you mean. Depending on who has the judgments, tax refunds may be able to be taken.