Personal And Domestic Accounts

Cover Personal And Domestic Accounts
Personal And Domestic Accounts
J. G. P. Ibotson
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Coals and Lighting.
13. Doctors, Dentists, Drugs, and Nursing.
14. Education.
15. Books and Newspapers (including Library Subscription).
1 6. Stamps and Stationery.
17. Travel and Holidays.
1 8. Amusements, Sport, Entertainments, &c.
19. Charity (including Presents).
20. Insurance Premiums.
21. Miscellaneous.
Mr. Grubb's classification for expenditure cannot be easily improved upon, so far as detailed division is concerned, and where the items are posted to the Ledger in detail there is no diff
...iculty in its adoption. For columnar headings in a Cash Book, however, the divisions are too numerous, unless a very large book is used, and for this purpose the following grouping of the headings would be better: (i) House, (2) Stables and Garden, (3) Food and Drink, (4) Dress, (5) Education, (6) Medical, (7) Travelling, Books, and Amusements, (8) Charity and Presents, (9) Mis- cellaneous, and would reduce the number of columns to more manageable proportions.
22 PERSONAL AND DOMESTIC ACCOUNTS.
It is better to take fewer and broader divisions than to attempt too detailed an analysis, even where a Ledger is employed, and the difficulties presented by a too numerous series of columns is absent.


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