tea tree oil shampoo dandruff According to data released on Wednesday by the U.S. energy information administration (EIA), the number of commercial crude stocks removed from strategic reserves fell by 649.5 million barrels to 465 million barrels, by 1.5 percent, while the previous value fell by 5.11 million barrels. Canning's 1929 book, economics in accounting, cites the economist's view that asset values are determined by the present value of the future cash flows of assets. The American petroleum institute (API) released data showing a decline in U.S. crude oil and refined refining inventories, while gasoline inventories rose. Keynes argued that savings and investment were two interdependent variables, not two independent variables. 5. Accounting earnings depend on the reasonable proportion of income and expenses during the period. Costs that are not associated with the current period should be incurred as assets to be transferred for later periods.