Kankakee Valley Post, Volume 1, Number 15, DeMotte, Jasper County, 3 November 1932 — “Calendar” and “Fiscal” [ARTICLE]

“Calendar” and “Fiscal”

The calendar year runs from January 1 to December 31; a fiscal year is 365 or 366 days, beginning and ending at any convenient time for the purposes of accounting. The fiscal year of the federal government begins July 1, and ends June 30.