GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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09:09 Jun 20, 2012 |
Ukrainian to English translations [PRO] Bus/Financial - Accounting / Chart of Accounts | |||||||
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| Selected response from: rns | ||||||
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Summary of answers provided | ||||
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4 | tax on income from extraordinary/unusual items |
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3 | extraordinary income tax |
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extraordinary income tax Explanation: |
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tax on income from extraordinary/unusual items Explanation: Another way of putting it. Usually in the Balance Sheet you would have: Extraordinary Items: 1. Unusual/Extraordinary Gains 2. Extraordinary Losses Here's an example of Canadian Income Statement with "extraordinary items" listed on page 2 and 4: http://www.cra-arc.gc.ca/E/pbg/tf/t2sch125/t2sch125-11e.pdf Quote: 4 . 2 Extraordinary items are income or expenses that arise from events or transactions that are clearly distinct from the ordinary activities o f t h e e n t e r p r i s e a n d , t h e r e fo r e , a r e n o t e x p e c t e d t o r e c u r frequently or regularly. http://www.mca.gov.in/Ministry/notification/pdf/AS_5.pdf |
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