profit & loss accounts The theory of modern political economy in China holds that the profit under the socialist system is the form of the value of the surplus products created by the workers for the society. The value composition of the product is c+v+m,c+v is converted into production cost, and the m is part of the surplus product created by the laborer for the society, which translates into profit for the enterprise. The specific form of socialist profit is: to realize profit, that is, the balance of the sales revenue of the enterprise minus the expenses of various expenses; To pay the profits in accordance with the provisions to the national financial department; After tax profit, that is, the profit of the enterprise shall be returned to the enterprise in accordance with the state provisions. The city of bentugon salvis, in the southwestern state of Rio grande do, has a reputation as the "capital of Brazilian wine" and has a history of almost 150 years. Nearly 85 per cent of Brazil's wine is produced in more than 700 vineyards, which have a total area of less than 400 square kilometres. The wine is fresh and balanced with cabernet sauvignon, merlot and chardonnay. Famous British economist hicks and others argue that the above theory did not consider the factor of income, and therefore unable to determine the level of interest rates, in 1937, and puts forward the is-lm model on the basis of general equilibrium theory. It establishes a theory of interest rates and income at the same time that the four factors of savings and investment, money supply and monetary demand interact. The concept of accounting income is called accounting income. According to the traditional view, the accounting income refers to the difference between the realized income and the corresponding expenses. It has the following characteristics: Targeted. The plan is formulated in accordance with the principles, policies and relevant laws and regulations of the party and the state, and formulated in accordance with the actual situation of the system and the department. The purpose is clear and instructive. Republicans impact of tax legislation through congress may be particularly dangerous, for millions of middle-class and low-income families not only didn't get any good, but with the passage of time gradually cancel the income tax cuts. In addition, the republican plan would repeal Obama's personal mandate. According to the nonpartisan budget office, this would result in 13 million people losing their health insurance, with premiums rising 10 percent over the next decade. Not surprisingly, a recent Quinnipiac poll found only 29 percent of americans support the republican plan.