 | Henry Montefiore Powell - 1919 - 708 pages
...accounting records of the taxpayer. Goods taken in the inventory which have been so intermingled that they cannot be identified with specific invoices will be deemed to be the goods most recently purchased. ART. 218. Inventories at cost. - Cost means: (1) In the case of merchandise purchased, the invoice... | |
 | Prentice-Hall Inc, Prentice-Hall, inc - 1919 - 640 pages
...records -of the taxpayer. Goods taken in the inventory which have been so intermingled that they can not be identified with specific invoices will be deemed to be the goods most recently purchased. 1] 992. Art. 1583. Inventories at cost.— Cost means: (1) In the case of merchandise purchased, the... | |
 | Guaranty Trust Company of New York - 1919 - 664 pages
...of the taxpayer. Goods taken in the inventory which have been so intermingled that they cannot lie identified with specific invoices will be deemed to be the goods most recently purchased. Inventories at Cost.—"Cost" means (1) in the case of merchandise purchased, the invoice price less... | |
 | George Edwin Holmes - 1919 - 1048 pages
...under this article. Goods taken in the inventory which have been so intermingled that they can not be identified with specific invoices will be deemed to be the goods most recently purchased.48 Income Received in Kind. When income is received in kind, that is, in produce, crops,... | |
 | 1920 - 188 pages
...accounting records of the taxpayer. Goods taken in the inventory which have been so intermingled that they cannot be identified with specific invoices will be deemed to be the goods most recently purchased. ABT. 218. Inventories at cost — Cost means: (1) In the case of merchandise purchased, the invoice... | |
 | John F. Sherwood - 1920 - 272 pages
...records of the taxpayer. Goods taken in the inventory which have been so intermingled that they can not be identified with specific invoices will be deemed to be the goods most recently purchased." Inventories at Cost. (Art. 1583. Reg. No. 45, 1918). "Cost means: "(i) In the case of merchandise purchased,... | |
 | 1921 - 498 pages
...accounting records of the taxpayer. Goods taken in the inventory which have been so intermingled that they cannot be identified with specific invoices will be deemed to be the goods most recently purchased. (TD 3109, December 30, 1920) Income tax Inventories—Article 1584, regulations No. 45, as amended... | |
 | United States. Internal Revenue Service - 1921 - 348 pages
...records of the taxpayer. Goods taken in the inventory which have been so intermingled that they can not be identified with specific invoices will be deemed to be the goods most recently purchased. ART. 1583. Inventories at cost. — Cost means: (1) In the case of merchandise purchased, the invoice... | |
 | United States. Bureau of Internal Revenue - 1921 - 772 pages
...records of the taxpayer. Goods taken in the inventory which have been so intermingled that they can not be identified with specific invoices will be deemed to be the goods most recently purchased. Approved, December 30, 1920. SECTION 203, ARTICLE 1582 : Valuation of inventories. (See 10-21-1491;... | |
 | United States. Bureau of Internal Revenue - 1921 - 778 pages
...of the r ixjiayer. Goods taken in the inventory which have l>een so intermingled that they can not be identified with specific invoices will be deemed to be the goods recently purchased. Approved, December 30. 19-20. SECTIOX 203, ARTICLE 1582 : Valuation of inventories.... | |
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Goods taken in the inventory which have been so intermingled that they cannot be identified with specific invoices will be deemed to be the goods most recently purchased or produced, and the cost thereof will be the actual cost of the goods purchased... 
