As no partner or group of partners owning more than 50% in partnership capital and profits has the same yearend
, GI Screen Partners cannot determine a year-end based on the general rule.
For example, if your fiscal yearend
is December 31, you should use your September 30 statements.
After ranging above the Central New Jersey overall industrial availability rate from yearend
2003 through mid 2005, the Northern New Jersey availability rate remained below the Central New Jersey availability rate through yearend
If a physical count is not taken at yearend
, shrinkage occurring since the last count will have to be estimated for financial reporting purposes and subsequently verified at the next inventory count.