Accounting As An Aid to Business Profits
Accounting As An Aid to Business Profits
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In our eReader you can find the full English version of the book. Read Accounting As An Aid to Business Profits Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Accounting As An Aid to Business Profits
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The methods for recording sales Will vary with the nature and the volimie of the business. The effort should be toward simplicity; as the sales grow, much of the work can be done by machinery.
In the old-fashioned bookkeeping all of the invoices were copied in detail in the sales book; a $5 or $10 bill of small items would often fill an entire page. The waste was enormous.
The next development of the sales journal was the inclusion of additional cojimms, each representing a division or product ...and, as sales were made, the amoimts were distributed to the proper colmnns, the total of the entire sales being posted to the Digitized by Google SALES ACCOUNTING 111 accounts receivable, while the totals of the different divisions were posted to separate sales accounts indicating the volume of the sedes of each commodity.
This was a long step over the former method of dealing with sales only as a whole, which gave no opportunity for sales anal- ysis, and if a business has only a few lines and the daily sales are not niunerous, this method cannot now be improved upon.
What to read after Accounting As An Aid to Business Profits?
You can find similar books in the "Read Also" column, or choose other free books by William Rupert Basset to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The methods for recording sales Will vary with the nature and the volimie of the business. The effort should be toward simplicity; as the sales grow, much of the work can be done by machinery.
In the old-fashioned bookkeeping all of the invoices were copied in detail in the sales book; a $5 or $10 bill of small items would often fill an entire page. The waste was enormous.
The next development of the sales journal was the inclusion of additional cojimms, each representing a division or product ...and, as sales were made, the amoimts were distributed to the proper colmnns, the total of the entire sales being posted to the Digitized by Google SALES ACCOUNTING 111 accounts receivable, while the totals of the different divisions were posted to separate sales accounts indicating the volume of the sedes of each commodity.
This was a long step over the former method of dealing with sales only as a whole, which gave no opportunity for sales anal- ysis, and if a business has only a few lines and the daily sales are not niunerous, this method cannot now be improved upon.
What to read after Accounting As An Aid to Business Profits?
You can find similar books in the "Read Also" column, or choose other free books by William Rupert Basset to read onlineMoreLess
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