The annual “material-to-form” accounts are relatively more reliable. [Keywords] Substance, evidence. The essentials; it is used in opposition for form. 2. It is a general rule that it is sufficient in each question to prove the content of the question. In one case where the defendant claimed payment of the principal amount and all interest accrued and turned out to be proof that a gross amount was not equal to the full amount of interest, but accepted by the applicant as a full payment, the evidence was found to be sufficient. 2 690 Street; 1 Phil. 161. One could probably be satisfactory on the merits… but why not give up the content? Satisfying the advice of the advisor to the buyer seems sufficiently complete.
When two companies exchange their inventory, this event is not counted as a sale, since the substance is a simple exchange in kind, despite the possible form of binding contracts valid for two sales and deliveries. Similarly, a company that removes the internal inventory is the event in a separate account, classified as such, and not on the sales account. The principle therefore preserves the sales account in such a way that it essentially reflects only actual sales (i.e. items delivered to third parties for payment), not events that correspond only to the form of sales documentation for convenience or convenience. In contracts, the term is used exclusively with respect to the documents to be provided, as is the case in a satisfactory opinion of the buyer`s legal aid. As with most “doublets,” it is suspected that it is mainly used to add rhetorical flowering, a light gravitas. On closer inspection, it turns out that this is the case. A substantive issue that differs from a question of form, in relation to briefs, affidavits, charges and other legal instruments, implies the essential relevance, validity or merit of the instrument, contrary to its method or style. Substance over form is an accounting principle that is used “to ensure that financial statements provide a complete, relevant and accurate picture of transactions and events.” When a company practices the concept of “substance above form,” the financial statements show the general financial reality of the business (economic substance) and not the legal form of the transactions.  When accounting for commercial transactions and other events, it is necessary to measure and report on the economic impact of an event and not on its legal form.