The book A Universal Key to book Keeping was written by author J Paton Here you can read free online of A Universal Key to book Keeping book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is A Universal Key to book Keeping a good or bad book?
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What should the Dr side contain ? A. An account of bills accepted, indorsed, or any way made payable to him. Q. What should the Cr side contain ? A- What of these bills are paid or indorsed for value. Q. How do you close the account ? A. By balance for bills on hand. Q. What is the account of bills payable ? A. An account of bills due by the Merchant. Q. What should the Cr side contain ? A. A list of bills accepted by him to others. Q. What should the Dr side contain? A. What of these bills are... paid. Q. How is the account closed ? 43 A. To balance for the unretired bills. Q. What is an account of goods ? A- Articles of merchandize, such as wine, spirits, cloth, &c. Q. What should the Dr side contain ? A. The prime cost of the article or articles, with charges thereon. Q. What should the Cr side contain ? A. The sales of said goods. Q. How many cases or varieties can occur in ba- lancing an account of goods ? A. Three. Q. What are they? A. First, when none of the goods is sold. Second, when part of the goods is sold.
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