See also:book or purchases book, to record particulars of goods
See also:purchased; a returns inwards book, to record particulars of goods sold but subsequently returned by customers; a returns outwards book, to record the like particulars with regard to goods purchased and subsequently returned; a bills receivable book, to record particulars of bills of
See also:exchange received from debtors; and a bills payable book, to record particulars of bills of exchange given to creditors . With a view still further to split up the
See also:work, thus enabling a large
See also:staff to be simultaneously engaged, the
See also:ledger itself isnow generally kept in sections . Thus the
See also:cash account and the
See also:bank account are frequently bound together in one
See also:separate book called the cash book, showing in parallel columns the movements of
See also:office cash and of cash at the bank, and by the addition £3761 7 8 £3 2 0 2 9 0 5 II o £o 13 6 16 0 0 2 2 0 18 15 6 £9 0 0 3 6 0 2 8 0 14 14 0 £3800 8 2
See also:I00~ of a third
See also:column for discounts the
See also:necessity of keeping an additional book of first entry as a
See also:discount journal may also be avoided . Of
See also:late years, however, most businesses pay all moneys received into their bankers without deduction, and pay all accounts by
See also:cheque; the necessity of an account for office cash thus no longer exists, save in connexion with
See also:petty payments, which are recorded in a separate book called the petty cash book . With regard to the remaining ledger accounts,
See also:personal accounts—which are the most numerous—are frequently separated from the real and nominal accounts, and are further subdivided so that customers' accounts are kept separate from the accounts of
See also:trade creditors . The customers' accounts are kept in a ledger (or, if need be, in several ledgers) called sales ledgers, or sold ledgers; while the accounts of trade creditors are similarly kept in purchases ledgers or bought ledgers . The nominal and real accounts, if together, are kept in what is called the general ledger; but this may be further subdivided into a nominal ledger and a private ledger . This last sub-division is, however, rarely made upon a scientific basis, for such accounts as the profit and loss account and trading account are generally kept in the private ledger although strictly speaking nominal accounts; while the bills receivable account and the bills payable account are generally kept in the nominal ledger, so as to reduce to a minimum the amount of clerical work in connexion with the private ledger, which is kept either by the
See also:principal himself or by his confidential employee . By the employment of
See also:adjustment accounts, which
See also:complete the
See also:double-entry record in each ledger, these various ledgers may readily be made self-balancing, thus enabling clerical errors to be localized and responsibility enforced . Of
See also:recent years considerable
See also:attention has been devoted to further modifications of book-keeping methods with a view to reducing clerical work, increasing the
See also:speed with which results are available, and enabling them to be handled more quickly Robert French, 214 High Road, Sutton 6 doz . F . D.Pommard, 1899 30/-6 „ M.F .
Margaux, 1893 66/-2 „ A . Niersteiner 24/-
See also:gall . E .
See also:sherry 13/6 2 doz . O.B . Heidsieck 1892 160/- 2 gall . P . Scotch 21/- A .
See also:Brown, 492 New Street,
See also:Walworth 2 doz . V.C.
See also:port 31/- „ A.C. pale
See also:brandy 49/- 28th
See also:December . Fredk .
COUNT JEAN BAPTISTE JOURDAN (1762-1833)
JOURNAL (through Fr. from late Lat. diurnalis, dail...
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