The Science of Double Entry book Keeping Simplified By the Introduction of An I
The Science of Double Entry book Keeping Simplified By the Introduction of An I
C C Christopher Columbus Marsh
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Marsh, Bills Payable, Rice Discount and Interest, Paul Harris Shipment to New-Orleans, . S H Lovell Joseph De Nones, Walter Howard, Shipment to Port-au-Prince, $57, 320 67 $57, 320 Should the amounts of debtor and creditor balances not correspond with each other, there are errors which may be found by referring to JOURNALISING. 43 the Journal, to see if the sundries in each entry equal, when added, the amount carried into the outer column ; for if the debtors and creditors do not equal in the J...ournal, they will not in the Leger. Next see that every sum in the Journal is posted into the Leger correctly ; and lastly, re-add and re-subtract the contents of the Leger, for the purpose of obtaining correct balances ; and should the first examination not pro- duce the result desired, a repetition is necessary. The Trial Balance being completed, we preserve the totals of the lengthy columns in the Leger, by writing them at the foot of the columns. See the Cash and other accounts, at March 30.
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