The New Bryant and Stratton Common School Book-keeping: Embracing Single and Double Entry, and Adapted to Individual and Class Instruction in Schools and AcademiesIvison, Blakeman, Taylor & Company, 1878 - 208 σελίδες |
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31 By Balance A. T. Stewart Amos Dean amount Balance on hand Bedstead Bills Payable Bills Receivable Black Walnut Bo't Book-keeping brls Broadcloth Brooklyn capital Cash Book Cash for petty Cash for sales Cash in full Cassimere Day-Book Double Entry Drayage Expense Fairbanks Flour gains and losses George Davis H. B. Bryant Henry hhds investment Invoice Isaac Stevens J. T. Calkins James Atwater James Sheldon John Jonas Clark Journal July July 25 Ledger accounts Loss and Gain Lusk Mdse Merchandise Molasses Paid cash partners Penn personal accounts Peter Cooper petty sales Rec'd Cash Recd Received cash Received for petty Received for sales resources and liabilities Richard Bannister Robert S. S. Packard Sales Book sales this day Sales-Book Sept Single Entry Smith & Sons Sold James Spencer statement Stewart & Co Stock Sugar Sundries transactions Trial Balance unsold York
Δημοφιλή αποσπάσματα
Σελίδα 108 - Repeat tho general formula for debits and credits. AN Account Current in commercial usage, is the statement in proper form of a current or running account. It is usually made with a view to settlement and shows the balance due to or from the party to whom it is rendered. When large transactions are conducted on credit it is usual in rendering the Account Current to average the time of payment, so that the balance may be paid without either party losing interest. The various methods of averaging are...
Σελίδα 11 - If you do an extensive credit business, a book of consecutive record, giving a plain and simple account of the business as it progresses day by day, will be of essential service; and merchants usually keep a Day Book or " Blotter," as it is sometimes called, in which are entered transactions as they occur.
Σελίδα 46 - Book is not, properly speaking, a book of results, and is not consulted in making up our list of resources and liabilities. In the former set the result of the business was a gain ; in this a loss has been sustained, which is shared equally by the two partners. In writing up this set let the student observe the order of dates in the various books, and complete the record of each transaction before proceeding to the next. For example : On the 1st of July, Robert Van Schaick purchased a bill of goods...
Σελίδα 147 - signifies the systematic arrangement of facts, for the purpose of exhibiting at а view the condition of business. The forms in use are various, according to the necessities of the occasion or the ingenuity of the accountant. Of these the example given on page 141 comprises the most complete and symmetrical of which we have a knowledge. The following explanation will be found serviceable in preparing this sheet for the entries. The method of enforcing the facts will be apparent to any diligent student....
Σελίδα 14 - Win you analyze the entries in Thomas Jones' account? 28. In cases where exchanges are effected involving time in their fulfilment, what is necessary? 29. What does this written record constitute? 30. How many sides has an account? 31. What are they called? 32. What is shown by the debtor side? 33. What by the creditor side? 34. If the debtor side be the larger, what will the difference express? 35. What, if the creditor side be the larger? 36. What will the account represent in the former case?
Σελίδα 170 - IBt 1. What is the purpose of Set III ? 2. With what previous set does it correspond ? 3. Where is the distinction between Single and Double Entry most apparent ? 4. To what do the additional accounts in Double Entry relate ? 5. For what are they useful ? 6. What improvement has this set over Set II ? 7. What is the objection usually urged against combining the Day Book and Journal? 8. What is the general purpose of auxiliary books?
Σελίδα 124 - Chariten, for Cash, 1 box Hosiery, $10; 75 yds. Lowell Prints, @ 10/. 6. — Paid SS Packard, Cash on %, $50. 7. — Sold Robert Baker, invoice of Shirting and Fancy Cloths, for $3700 ; Received in payment, Cash, $3000 ; Balance charged on %. 9. — Paid store rent in Cash, $100 Received Cash in full of JH Goldsmith's %, $ . ÍO.— Sold James S. Packard, on %, 20 yds. Broadcloth, @ $3.75 ; 50 do. Cassimeres, @ $1. /5.— Sold CJ Dietrich, for Cash, 12 pairs Ladies...
Σελίδα 142 - BUSINESS accounts ; for inasmuch as the proprietor is to be credited with his net investment, whenever that net investment is increased by gains, his account should get the benefit of it. As it would be impracticable to carry the separate gains and losses to the proprietor's account when they accrue, they are permitted to remain in the accounts producing them, until such periods as may be deemed best to transfer them. This is usually done once a year, and in some establishments every six months,...
Σελίδα 143 - Ledger" columns exactly agree with the footings of the Day-Book and Journal ; which affords evidence that all the transactions have found their way to the Ledger. The columns of " Differences," which must also balance, afford a test of the results of each account. Having satisfied ourselves that the transactions have been properly posted, we now proceed to close the Ledger accounts. It must not be forgotten that the object of closing the Ledger is to present, Differences. face of Ledger. 15500 4473...
Σελίδα 206 - Sixty days after sight of this FIRST of EXCHANGE (Second and Third of same tenor and date unpaid), pay to the order of RJ Milligan One Hundred and Fifty Pounds, value received, and charge the same to account of BROWN & BROS.