- basis of keeping accounts
- For income tax purposes, the bookkeeping system followed by the taxpayer, not the items or entries upon his books. United States v American Can Co. 280 US 412, 74 L Ed 518.
Ballentine's law dictionary. Anderson, W.S.. 1998.
basis of keeping accounts
Look at other dictionaries:
basis — ba·sis / bā səs/ n pl ba·ses / ˌsēz/ 1: something (as a principle or reason) on which something else is established the court could not imagine any conceivable basis for the statute see also rational basis 2: a basic principle o … Law dictionary
accrual basis — noun a method of accounting in which each item is entered as it is earned or incurred regardless of when actual payments are received or made • Ant: ↑cash basis • Hypernyms: ↑accounting, ↑accounting system, ↑method of accounting * * * noun … Useful english dictionary
cash basis accounting — Refers to the accounting method that recognizes revenues and expenses when cash is actually received or paid out. Bloomberg Financial Dictionary * * * cash basis accounting UK US noun [U] (also cash accounting, cash basis) ► ACCOUNTING a method… … Financial and business terms
cash basis — noun a method of accounting in which each item is entered as payments are received or made (Freq. 1) • Ant: ↑accrual basis • Hypernyms: ↑accounting, ↑accounting system, ↑method of accounting * * * noun : a meth … Useful english dictionary
Historical basis for King Arthur — The historical basis of King Arthur is a source of considerable debate among historians. The King Arthur of Arthurian legend appears in many legends but it has not been decisively established whether his origin was entirely mythical or whether he … Wikipedia
Accountancy — [http://dictionary.reference.com/browse/accountancy , dictionary.com] or accounting is the measurement, statement, or provision of assurance about financial information primarily used by lenders, managers, investors, tax authorities and other… … Wikipedia
accounting — An act or a system of making up or settling accounts, consisting of a statement of account with debits and credits arising from relationship of parties. State ex rel. King v. Harvey, Miss., 214 So.2d 817, 819. Rendition of an account, either… … Black's law dictionary
accounting — An act or a system of making up or settling accounts, consisting of a statement of account with debits and credits arising from relationship of parties. State ex rel. King v. Harvey, Miss., 214 So.2d 817, 819. Rendition of an account, either… … Black's law dictionary
Battle of Waterloo — Infobox Military Conflict conflict=Battle of Waterloo partof=the War of the Seventh Coalition caption= Wellington at Waterloo by Robert Alexander Hillingford. date=18 June 1815 place=Waterloo, present day Belgium south of brussels result=Decisive … Wikipedia
Battle of the Teutoburg Forest — Part of the Roman Germanic wars Cenotaph of Marcus Caelius, 1st … Wikipedia
