A Reconsideration of the Theory of Tariffs Get access T. de Scitovszky T. de Scitovszky Cambridge, Mass. Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 9, Issue 2, Summer 1942, Pages 89–110, https://doi.org/10.2307/2967663 Published: 01 July 1942

The article presents some problems that were presented by the Board of Examiners of the American Institute of Accountants as the second half of the May, 1942 Certified Public Accountants Examination in accounting theory and practice. In one of the question, examinees were asked to prepare a columnar work sheet summarizing the foregoing data in rational manner and form. They were also asked to prepare a concise statement showing the realization of assets, liquidation of liabilities and operations during the receivership; also unsecured creditors' claims and available assets on November 20, 1941. In another question a transcript of "Insurance account" and "note" covering unrecorded liability was given for the period starting from July 2, 1940 and ending December 31, 1941 and examinees were asked to prepare a columnar analysis showing proper distribution of debits and credits. They were also asked to prepare there from the entries that will adjust surplus, profit and loss and other December 31, 1941, balance-sheet headings involved.

The article presents problems that were presented by the Board of Examiners of the American Institute of Accountants as the second half of the C.P.A. Examination in accounting theory and practice held on November 14, 1941.

This article presents the questions and answers to the problems which were presented as the first half of the May 1942, Certified Professional Accountant examination in accounting theory in the U.S. The first problem stated that the Elgin Supply Company had acquired previously (December 31, 1939), 90 per cent of the $200,000 common stock of the Peoria Phonograph Company for $126,000. The candidates were required to prepare consolidated balance sheet of December 31, 1941. and statement of minority interests as well as statement of consolidation surplus and goodwill. The second problem started by stating that Morton and Norton were retail dry goods merchants and operated a cash store, with no credit being extended to customers. The business was conducted as a partnership in which Morton had a two-thirds and Norton a one-third interest (capital as well as profits). The candidates were asked to prepare a columnar worksheet, dearly showing the adjustment of the trial balance in accordance with the data given, the operating results in the month of January as distinct from the fire loss, the amount of the fire loss, and the final liquidation of assets and liabilities other than cash, thus leaving on the books only the cash and the two capital accounts.

Journal Article Two Trials to Determine Expectation Models Applicable to Agriculture Get access T. W. Schultz, T. W. Schultz Iowa State College Search for other works by this author on: Oxford Academic Google Scholar O. H. Brownlee O. H. Brownlee Iowa State College Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 56, Issue 3, May 1942, Pages 487–496, https://doi.org/10.2307/1882212 Published: 01 May 1942