Synopsis
Excerpt from The ABC of Bookkeeping
Another, and almost equally useful, function of the Trial Balance is that, being a summary of all the accounts, it is a com plete statement of all these transactions that have taken place that have not been settled in the ordinary course of business. It is thus convenient, as providing, even in the case Of a very large concern, a concise statement of all outstanding matters from which the usual periodical statements Of account may readily be prepared.
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The ABC of Bookkeeping (Classic Reprint)
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Paperback. Condition: New. Print on Demand. This book presents a lucid guide to the meticulous recording of business transactions known as bookkeeping. An invaluable tool in the field for centuries, this book explains how to construct a system capable of providing a complete narrative of a business's financial activities and interactions. The author emphasizes the significance of recording every transaction from dual perspectives to ensure accuracy. By creating accounts for each individual, corporation, or other entity involved in transactions, a system of checks and balances emerges, guaranteeing the integrity of the records. The book presents valuable insights into understanding the ebb and flow of assets and liabilities, as well as the crucial differentiation between expenses and losses. Detailed examples illustrate each concept, making this book an indispensable resource for anyone seeking to master the intricacies of bookkeeping. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9780331530704_0
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The ABC of Bookkeeping (Classic Reprint)
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9780331530704
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The ABC of Bookkeeping (Classic Reprint)
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9780331530704
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