This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1918 edition. Excerpt: ...element. The fact that it exists in every computation involving time is very generally recognized, and two types of characteristic calculations commonly made by business men show further that computations involving implicit interest are consciously made. In the first place if a bid is to be made for the ...
Read More
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1918 edition. Excerpt: ...element. The fact that it exists in every computation involving time is very generally recognized, and two types of characteristic calculations commonly made by business men show further that computations involving implicit interest are consciously made. In the first place if a bid is to be made for the purchase of an asset the future revenues of which are definitely known, the business man will discount the revenues, thus making the purchase price considerably less than the sum of the revenues. This difference is interest. The amount of revenue received each year in such a case consists of, (1) a return of part of the purchase price, and (2) interest on the investment. The second general type of implicit interest is made evident when the manager of a plant is about to state a price for his product; for he adds a certain amount to the regular expenses to "cover the interest" on his investment. These two types of calculations, of course, are just two different methods of computing implicit interest. The first recognizes that money due in the future must be discounted to find its present value, and the second that interest is an economic cost of production. In commercial accounting the implicit interest item is seldom calculated separately but is included with the profits in the net revenue figure. For instance, the net revenue figure which is carried from the expense and revenue statement down to the credit side of the net revenue statement includes interest on the investment. If the firm is prosperous it also includes a considerabe profit, if poorly managed even interest will not be earned although this situation cannot continue without leading to bankruptcy. The operating net revenue, then, includes the interest return on the...
Read Less
Add this copy of Principles of Accounting to cart. $19.90, poor condition, Sold by Anybook rated 5.0 out of 5 stars, ships from Lincoln, UNITED KINGDOM, published 1921 by Macmillan.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
This is an ex-library book and may have the usual library/used-book markings inside. This book has clothback covers. In poor condition, suitable as a reading copy. Please note the Image in this listing is a stock photo and may not match the covers of the actual item, 1200grams, ISBN:
Add this copy of Principles of Accounting to cart. $28.30, new condition, Sold by Ingram Customer Returns Center rated 5.0 out of 5 stars, ships from NV, USA, published 2022 by Legare Street Press.
Add this copy of Principles of Accounting to cart. $38.60, new condition, Sold by Ingram Customer Returns Center rated 5.0 out of 5 stars, ships from NV, USA, published 2022 by Legare Street Press.
Add this copy of Principles of Accounting to cart. $50.00, fair condition, Sold by K & L KICKIN' BOOKS rated 5.0 out of 5 stars, ships from Corinth, TX, UNITED STATES, published 1918 by MacMillan Company, New York.
Add this copy of Principles of Accounting [ 1920 ] to cart. $67.79, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Santa Clarita, CA, UNITED STATES, published 2009 by Cornell University Library.
Add this copy of Principles of Accounting 1918 [Leather Bound] to cart. $82.00, new condition, Sold by Leather Book Shop rated 3.0 out of 5 stars, ships from Delhi, DELHI, INDIA, published 2017 by Facsimile Publisher.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
New in New jacket. {Size: 14.60 x 22.86 cms} Presenting an Exquisite Leather-Bound Edition, expertly crafted by the prestigious organization “Rare Biblio” with Original Natural Leather that gracefully adorns the spine and corners. The allure continues with Golden Leaf Printing that adds a touch of elegance, while Hand Embossing on the rounded spine lends an artistic flair. This masterpiece has been meticulously reprinted in 2017, utilizing the invaluable guidance of the original edition published many years ago in 1918. The contents of this book are presented in classic black and white. Its durability is ensured through a meticulous sewing binding technique, enhancing its longevity. Imprinted on top-tier quality paper. A team of professionals has expertly processed each page, delicately preserving its content without alteration. Due to the vintage nature of these books, every page has been manually restored for legibility. However, in certain instances, occasional blurriness, missing segments, or faint black spots might persist. We sincerely hope for your understanding of the challenges we faced with these books. Recognizing their significance for readers seeking insight into our historical treasure, we've diligently restored and reissued them. Our intention is to offer this valuable resource once again. We eagerly await your feedback, hoping that you'll find it appealing and will generously share your thoughts and recommendations. Lang: -English, Pages: -707. If it is a multi-volume set, then it is only a single volume. Product Disclaimer: Kindly be informed that, owing to the inherent nature of leather as a natural material, minor discolorations or textural variations may be perceptible. Explore the FOLIO EDITION (12x19 Inches): Available Upon Request.
