The book Simple Mine Accounting was written by author Walter Davis Here you can read free online of Simple Mine Accounting book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Simple Mine Accounting a good or bad book?
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Signed A. IBARRA, Physician. MATERIAL ACCOUNT The material account is by no means the least important part of bookkeeping. This is a department in itself at large mining camps, with separate staff, books, forms, etc. However, we are now concerned with the question on a smaller scale. There are certain supplies and materials constantly being used at the mines on which it is very necessary to keep a vigilant watch, checking all the requisitions almost down to the last fraction, for, while cash is... in charge of a responsible person, it frequently happens that materials are handled by ignorant and unscrupu- lous workmen. There are several articles which are purchased in large but utilized in small quantities, such as lumber, fuel, candles, explosives, sacks, stable supplies, etc. , that may properly be included in the Material Account (see Fig. 13). In opening the material account, say 1st of June, take an inven- tory of all the supplies on hand which are to be in- cluded in the account: How many cases of candles, size, number to box, with price f.
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