THE EARLY DEBATE ON FINANCIAL AND PHYSICAL CAPITAL

Authors
Lee, T. A.
Citation
A. Lee, T., THE EARLY DEBATE ON FINANCIAL AND PHYSICAL CAPITAL, Accounting historians journal , 10(1), 1983, pp. 25-50
Journal title
Accounting historians journal → ACNP
ISSN journal
01484184
Volume
10
Issue
1
Year of publication
1983
Pages
25 - 50
Database
ACNP
SICI code
Abstract
This paper evidences the contribution of leading writers in the early 1900s to the vexed problems associated with capital maintenance and periodic income determination. It reveals that the issues which were then being discussed (such as the treatment of holding gains) remain as unresolved problems for today's accountancy practitioners. f