Northern Steamship Company;Depreciation allowances -- History
In 1889 a New Zealand company had to write down its paid-up capital by 27 percent, because, the Chairman stated, previous management had failed to allow for depreciation as an expense. An investigation was conducted to see if this capital reduction...
The following pages were not included in the bound volume used for scanning: May, pages 5, 6; July-August, pages 5 , 6. These were probably advertising inserts.
