Ani
$1.
§ 2.
§ 3.
§ 4.
§ 5.
§ 6.
$7.
§ 8.
§ 11.
- Summation by ¢ method of balances »’
. ‘Interactions’? . : : : . : .
. Interactions which change the form of wealth (production)
- Interactions which change the place of wealth (transportation)
. Interactions which change the ownership of wealth (exchange)
- Accounts illustrative of the first class (production)
+ Results of combining these accounts
- Methods of balances and couples contrasted : 2
- Accounts illustrative of the third class, for fictitious persons .
- Accounts illustrative of the third class, for real persons .
ANALYTICAL TABLE OF CONTENTS
. Nature of credit . : : . 3 .
. Importance of distinguishing methods of couples and balances
CHAPTER VII
INcoME
Difficulties of defining income .
The money-income concept
The real-income concept . i ? . .
Error of including as income both commodities and services .
Vain attempts to escape the pitfalls thus laid .
Income not restricted to ‘‘ enjoyable?’ elements
So-called social and individual income
Conclusion
. . . .
CHAPTER VIII
IncoME Accounts
. Introduction % . ;
- Specimen income and outgo accounts 3 . .
. Cost of construction is to be included in outgo accounts .
- Devices for making income regular .
. Applications of income accounting .
. Example of individual accounts . : .
- Income and outgo account for negative capital (liabilities)
- Limitations of practical bookkeeping
. Income accounts for fictitious persons
§ 10.
. . ° .
. . .
.
.
. . .
Relation of income accounts to capital accounts . .
CHAPTER IX
IncoME SUMMATION
.
Conclusion
. . . . .
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