Examlex
The inside of a house is at 20°C on an early morning when the temperature outside is 15°C.The next morning the inside temperature is the same but the outside temperature is now 10°C.How much does the energy per unit time lost by conduction through the walls,windows,doors,etc. ,change for the house from the first morning to the second one?
Basis
In taxation, refers to the value used to determine profit or loss for tax purposes when property is sold.
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The last day of a company's accounting period, which is used for financial reporting and tax purposes.
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A corporate tax return, often filed using Form 1120, is required for corporations and details the income, gains, losses, deductions, and credits from the corporation's operations.
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