The Business-Standard System of Double-Entry Book-Keeping: Using Only One ...
The Business-Standard System of Double-Entry Book-Keeping: Using Only One ...
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In our eReader you can find the full English version of the book. Read The Business-Standard System of Double-Entry Book-Keeping: Using Only One ... 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 The Business-Standard System of Double-Entry Book-Keeping: Using Only One ...
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Debit C€ish Account with, that part of Capital which is money, in bank or drawer.
Debit Mercliandise with that part of Capital which consists of goods, as per inventory.
Debit all Individuals with the amounts due from them, BiUa Beceivable, with notes due the business, and Real Estate, or other forms of value^ to be kept separate, with the proper amounts.
(Of course these items have been entered on the credit side of Capital Account.) eo. Debit Ckupital Account with the amounts of all Accounts ...Payable and Bills Payable.
Credit each Individual Creditor With the amount due him, and Bills Payable with all Notes to be paid out of the business.
61. Thus stated, the two sides of Capital Account represent or express all that is possessed in the business and all that is due from it. The differ- ence shows the net value of the investment, or the actual Capital employed.
62. A **BersonaV* Account is usually kept, in addition, with the Proprietor or with each Partner, for the record of all items of personal debit or credit.
What to read after The Business-Standard System of Double-Entry Book-Keeping: Using Only One ...?
You can find similar books in the "Read Also" column, or choose other free books by Charles M Plumb to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Debit C€ish Account with, that part of Capital which is money, in bank or drawer.
Debit Mercliandise with that part of Capital which consists of goods, as per inventory.
Debit all Individuals with the amounts due from them, BiUa Beceivable, with notes due the business, and Real Estate, or other forms of value^ to be kept separate, with the proper amounts.
(Of course these items have been entered on the credit side of Capital Account.) eo. Debit Ckupital Account with the amounts of all Accounts ...Payable and Bills Payable.
Credit each Individual Creditor With the amount due him, and Bills Payable with all Notes to be paid out of the business.
61. Thus stated, the two sides of Capital Account represent or express all that is possessed in the business and all that is due from it. The differ- ence shows the net value of the investment, or the actual Capital employed.
62. A **BersonaV* Account is usually kept, in addition, with the Proprietor or with each Partner, for the record of all items of personal debit or credit.
What to read after The Business-Standard System of Double-Entry Book-Keeping: Using Only One ...?
You can find similar books in the "Read Also" column, or choose other free books by Charles M Plumb to read onlineMoreLess
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