Carnes' Manual On Opening And Closing the Books of Joint Stock Companies: a ...
Carnes' Manual On Opening And Closing the Books of Joint Stock Companies: a ...
A J Carnes
The book Carnes' Manual On Opening And Closing the Books of Joint Stock Companies: a ... was written by author A J Carnes Here you can read free online of Carnes' Manual On Opening And Closing the Books of Joint Stock Companies: a ... book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Carnes' Manual On Opening And Closing the Books of Joint Stock Companies: a ... a good or bad book?
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Investment, . . . . • . . $10,000.00 For the amount of $10,000.00 contrihuted to the Company by the incorporators and associates, etc. To Capital Stock, .... $60,000.00 Shares divided among the incorporators, etc. To Working Capital, .... $40,000.00 (History.) Now carry the $10,000.00 to the Cash Book, and enter " To In- vestment J' When that is posted, "Investment Account" will be closed. The preceding Propositions will fiimish the history to entries where none are given. " Contingencies " may... be substituted for " In- vestment." PROPOSITION VIII. CONSOLIDATIONS. Consolidation of the B. B. & C. L. and the Tuscaloosa Narrow Gaugre Railways. Condition of affairs have compelled these two Roads to consoli- date. Both are burdened with a large floating debt, upon which interest is due and unpaid. The Stock of both is "way down," Digitized by Google BOOKS OF JOINT STOCK COMPANIES, 31 so to speak, and is worth nothing. In round numbers, $4,000,000.00 worth of the Stock of each of these Companies is held by clamorous holders.
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