The accounting income follows the historical cost principle and the matching principle, which is conducive to the objective reflection of the business management responsibility of the enterprise management authorities. But, due to the historical cost principle inherent defects, especially according to the present value of revenue and expenses by historical cost line, makes the calculation of accounting earnings lack of inner logical unity, and the matching principle is difficult to carry out, so that the book value of assets can not reflect its real value, cost cannot be fully compensated. And the economic benefit is measured in the current value, which reflects the actual value of the asset, which is beneficial to the full compensation of the cost. On Wednesday, on the first four shopping days of Christmas, upscale stores were discounting heavily, including most of the fashion retailers. H&M offers discounts of up to 60%, while Debenhams, Fraser, French connections, gaps, new faces and Dorothy Perkins offer discounts of up to 50%. Jstor: Jstor features a tremendous extent of scholastic diaries filtered into its databases, about-facing numerous years presenting for your requirements the actual best research in humanities, sciences and numerous different controls. To get to Jstor you need to be in your college organize, or logged in remotely for it with either a staff or scholar ID. In 1937, American economist Robert coase (R. H. Coase's publication of the essence of the enterprise is considered to be the beginning of a discussion on this issue.