Principles And Methods in Commercial Education a Textbook for Teachers Student

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Principles And Methods in Commercial Education a Textbook for Teachers Student
Joseph Kahn
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Expense It is not necessary that all of these entries be the result of probable transactions ; it is an exercise sufficiently potent of good if the students utiUze their imagination to the extent necessary to supply the explanations called for. The fact that there is a possibility of many different solutions adds to the value of these exercises.
Another set consists of two Balance Sheets at the end of two periods. The problem is to find what tendency the busi- ness exhibits by the changes shown
.... If the statements are simple enough, this exercise does not trespass on the domain of elementary accounting.
Another set of exercises consists of the setting for solution of original problems. The results should always be stated in journal form because of the tangibleness of such entries, and the ease with which they may be transferred to the special books. A few suggestions for such exercises are the follow- ing: 1. A partner who is entitled to cash salary, but who does not draw it.
2. Donation of goods to some charitable institution.


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