Money, What It is And How to Use It
Money, What It is And How to Use It
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In our eReader you can find the full English version of the book. Read Money, What It is And How to Use It 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 Money, What It is And How to Use It
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Let us now consider the three classes of business accounts, Cashy Merchandise^ and Expense. In order to become familiar with them, they can all be represented as persons if we so desire. Cash Account can be our 43 MONEY account with the person who has charge of the money — in other words, our cashier.
Merchandise Account may be our account with tht person who has charge of the goods — namely, our stock clerk. Expense may be our account with the person authorized to provide everything necessary ...for the proper conduct of our business.
Let us take the first of these accounts ; for example, cash which has been received by the business. It may be money con- tributed by the owner as capital ; it may be money received from the sale of goods ; or it may be money paid by a customer in set- tlement of a debt. In any case, this cash is handed to the cashier. It is not the property of the cashier; but it is the property of the business, temporarily in the hands of the cashier for safe-keeping.
What to read after Money, What It is And How to Use It?
You can find similar books in the "Read Also" column, or choose other free books by William Richart Hayward to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Let us now consider the three classes of business accounts, Cashy Merchandise^ and Expense. In order to become familiar with them, they can all be represented as persons if we so desire. Cash Account can be our 43 MONEY account with the person who has charge of the money — in other words, our cashier.
Merchandise Account may be our account with tht person who has charge of the goods — namely, our stock clerk. Expense may be our account with the person authorized to provide everything necessary ...for the proper conduct of our business.
Let us take the first of these accounts ; for example, cash which has been received by the business. It may be money con- tributed by the owner as capital ; it may be money received from the sale of goods ; or it may be money paid by a customer in set- tlement of a debt. In any case, this cash is handed to the cashier. It is not the property of the cashier; but it is the property of the business, temporarily in the hands of the cashier for safe-keeping.
What to read after Money, What It is And How to Use It?
You can find similar books in the "Read Also" column, or choose other free books by William Richart Hayward to read onlineMoreLess
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