Examlex
A Temporary Regulation under § 173 of the Code would be cited as follows: Temp.Reg.§ 173.
Capital Balance
The amount of money or value of assets contributed by owners or partners to a business, reflecting their equity in the business.
Record Transaction
Recording transactions refers to the process of documenting financial transactions in the appropriate books of accounts as they occur, ensuring accurate financial records.
Salary Allowances
Pre-determined sums paid to employees over their regular salary, allocated for specific purposes such as transportation, housing, or meals.
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