Income Determination Theory: An Accounting Framework |
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accounting discipline Accounting Review accounting theory acquired services acquisition cost activity adjustment American Accounting Association amount assume basic business entity business income business operations classification computed concept of business concept of income constitutive concept constitutive income cost of services creditors current replacement cost customers depreciation disclose disposition operation distinction distribution of income economic effectiveness elements example exist expected expenses fact formulas gain or loss gains and losses holding gains income concept income determination income measurement income report income statement interest investment income involved market value means measured income ment methods money resources motivation nature net realizable value normally notion objective operational income operationalism period possible precise problem procedure psychic income realizable income recognized recombination operation represent result revenue sales price service resources society specific stock dividend stockholders subjective income subjective value tion treasury stock unexpected utilization cost valuation windfall gains