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1) The plaintiff was assessed to corporation tax for accounting periods covering the years 1977 to 1985.

2) The finance cost should be allocated to accounting periods soas to achieve a constant rate on the amount outstanding.

3) It is effective for accounting periods ending on or after 23 August 1993 although earlier adoption is encouraged.

4) The accounting period convention does, however, lead to difficulties.

5) Income earned during an accounting period shall be taken into the accounts of the same accounting period together with the related costs and expenses.

6) As an accounting period is over, ending balances of the period change into beginning balances of the next period.

7) This effectively reduces the company's tax liability, which will be payable nine months after the end of the accounting period.

8) From 1987, companies' gains were charged to corporation tax as if they were additional income of an accounting period.

9) Hired plant invoices may create a slight problem where the hire period extends across two accounting periods.

10) The debit or credit balance in each account must be determined and brought forward to begin the next accounting period.

11) Answer guide: The relevant range of activity refers to the level of activity the firm has experienced in past accounting periods.

12) The balance of the profit and loss account represents the net profit or loss for the accounting period.

13) Conventional accounting statements are not adjusted for change in the value of the dollar . Accounting Period.

14) And the corporation must report information of treasury stock on the financial statements at the end of accounting period.

15) Expense accrual for monthly closing and book in correct accounting period.

16) Inventory; inventories Raw materials and supplies, goods finished and being manufactured and stock on hand, in transit,(http://sentencedict.com/accounting period.html) in storage or consigned to others at the end of the accounting period.

17) Revenue and expense accounts are closed at the end of each accounting period.

18) With these features, realistic forecasts of the financial result at the end of the accounting period can be made at any time.

19) Three concepts used in accrual - basis accounting are the accounting period, the realization principle, and matching principle.

20) Through journalizing and posting adjusting entries, the income statement and the balance sheet will reflect the proper operating results and financial position at the end of the accounting period .

21) I would like to ask in Wuhan Economic and examination of the accounting period is when?

22) Closing entries are journalized , and dated, only at the end of each accounting period.

23) This statement could tell managers the performance of an organization over an accounting period.

24) Article 37 Profit is the operating result of an enterprise over a specific accounting period.

25) Cash flow statement is one main sheet in financial reports; it reflects the inflow and outflow report of money and money equivalent in a certain accounting period.

26) Journalize the adjusting entry needed on December 31, the end of the current accounting period, for each of the following independent cases affecting Chicago Mercantile Services (CMS).

27) Total average assets is calculated as the average value of assets over an accounting period, such as a fiscal quarter.

28) Statement of changes in financial position is a financial statement showing the sources and uses of working capital during the accounting period.

29) A statement of changes in financial position is an accounting statement that reflects comprehensively the sources and application of working capital and its changes during an accounting period.

30) Regardless of whether the ending balance in the Factory Overhead account is a debit or credit, any remaining balance must be disposed of before a new accounting period begins.