revenues – Muhasebe News https://www.muhasebenews.com Muhasebe News Wed, 30 Jan 2019 14:10:29 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.5 Apple faces the first decline in revenues and profits in a decade https://www.muhasebenews.com/en/apple-faces-the-first-decline-in-revenues-and-profits-in-a-decade/ https://www.muhasebenews.com/en/apple-faces-the-first-decline-in-revenues-and-profits-in-a-decade/#respond Wed, 30 Jan 2019 14:10:29 +0000 https://www.muhasebenews.com/?p=45386 Apple’s latest scandal regarding a FaceTime bug that enables people to listen to you even if you don’t pick up the call had serious consequences for the company.

Apple announced on Tuesday that the company experienced its first decline in revenues and profits in a decade.

The decrease in iPhone sales and problems in China led to 4,5% decrease in revenue in the week of 29 December, compared to the same period last year.

Profits declined to $19,97 billion.

Revenues from China have decreased to $13,17 billion, $5 billion less than the previous year.

The company stated on January 3rd that it was expecting a decrease in sales due to the economic recession in China.

The warning came as the first ever since the release of iPhone, causing the company to lose $55 billion in value.

Company’s share value increased by 6% in the first 6 hours of trading.

It turned out that analysts’ were right on their forecasts.

On the other hand, Apple’s revenues were higher than expected.

 

 

 

 

 

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

]]> https://www.muhasebenews.com/en/apple-faces-the-first-decline-in-revenues-and-profits-in-a-decade/feed/ 0 Accounting for Beginners #1 / Debits and Credits / Assets = Liabilities + Equity https://www.muhasebenews.com/en/accounting-for-beginners-1-debits-and-credits-assets-liabilities-equity/ https://www.muhasebenews.com/en/accounting-for-beginners-1-debits-and-credits-assets-liabilities-equity/#respond Fri, 10 Aug 2018 11:57:28 +0000 https://www.muhasebenews.com/?p=32257 https://www.muhasebenews.com/en/accounting-for-beginners-1-debits-and-credits-assets-liabilities-equity/feed/ 0 Am I Supposed to Pay the Rent via Bank? https://www.muhasebenews.com/en/am-i-supposed-to-pay-the-rent-via-bank/ https://www.muhasebenews.com/en/am-i-supposed-to-pay-the-rent-via-bank/#respond Sat, 28 Apr 2018 07:00:28 +0000 https://www.muhasebenews.com/?p=16582 1- Am I Supposed to Pay the Rent via Bank?
1.1- Office rent, no matter how much it costs, SHOULD BE PAID VIA BANK.
1.2- House rent, if it is 500 TL and more, SHOULD BE PAID VIA BANK.

House rents which cost less than 500 TL can be paid cash if it is wished. That obligation is applied separately to each house rent. Such as, if you have rental income from 10 different houses and the rent of 5 houses is 450 TL for each. So, if you wish, you may collect them in cash.

2- Since When Has This Rule Been Applied?
This rule has been applied as of the date of 01 November 2008.

3- How Can I pay it Except from Bank?
The collection of revenues and payments can be made via BANK or PTT as of the date of 1.11.2008.

4- Is There Any Rent Which is not paid via Bank?
The rents which are not supposed to be paid via bank are listed below:
4.1- Housing rents valuing at less than 500 TL,
4.2- Collection of revenues from house and office rents by means of execution and court,
4.3- On the other hand, rental payments in kind are also not within the scope of this obligation.

5- I Didn’t Pay the Rent via Bank! What is the Penalty?
The penalty for not obeying this rule shouldn’t be less than the amount stated below and it should be 5% of the amount applied to each transaction. The minimum amounts of penalties are listed below according to their obligation type.
5.1- 1.370 TL for the first class merchants and self-employed.
(Bookkeepers on the basis of balance and bookkeepers for self-employment income)
5.2- 690 TL for second-class merchants, farmers who are bookkeepers and people whose earnings are based on simple basis. (Operating Ledger, Simple Entry)
5.3- 340 TL for people apart from these. (People who do not have perpetual tax obligation, Housewives, Retiree, Officer, Worker etc.)

Each transaction will be fined separately. That means if the rent should be paid via bank but not paid; the leaser and the leaseholder will be fined separately for 4 months.

Source: 1- Official Gazette Dated 29.7.2008 and Numbered 26951- General Communiqué on Income Tax Numbered 268
2- Tax Procedure Law-Duplicated Entry Numbered 355

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

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