The Financial Status of the Professor in America And in Germany
The Financial Status of the Professor in America And in Germany
Carnegie Foundation for the Advancement of Teachin
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They may prove help- ful in determining a book value which should replace in accounting the original values fixed in some instances many years ago, or the nominal values as given fre- quently in other instances. It goes without saying that if property is purchased in the open market, the purchase price should be considered the inventory value until changed conditions necessitate a revaluation. It is generally true that the assessors of a city or county carry in their books the assessed valuatio...n of college real estate even when such property is by law free of taxation. It does not seem to me possible that any failure to furnish a valuation on college real estate used for educational purposes can permanently affect the question of their taxation. Schedule M: Notes Payable Similar details should be given of notes payable by the institution as have been called for in regard to notes receivable, i. E. , the name of the lender, the date of the note, and the date of maturity, the rate of interest, and a description of the col- lateral security given, if any.
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