Bookkeeping

It is always extremely important to properly track a partner’s basis in the partnership interest. In practice, however, it is convenient to separate the amount invested by the partner (the…

First, it requires an unchanging evaluative function \(u\) defined over the atoms of the propositional space, viz. Thus for all doxastically changed preference orderings, the preferences over worlds remain identical.…

As a result, there is little distinction between "adjusting entries" and "correcting entries" today. In the traditional sense, however, adjusting entries are those made at the end of the period…