Excerpt from Higher Accountancy: Principles, Practice and Procedure, Elements of Accounting Practice the Starting Point in Accountancy
How Bookkeeping Started. As your business expanded you continued to buy, not only more tanned hides from your neighbor, but also more materials, such as pegs, nails, thread and the like. Some of these pur chases you paid for at the time, while the others you agree to pay for later. Then, too, some of the people you were making shoes for may not have paid you immediately upon delivery. And so in a very short time you found yourself entering into more business transactions than you could rely on your memory to keep an accurate record of.
What would be a more natural thing to do under such circumstances than to jot down somewhere, either on a piece of paper or on the Wall, a memorandum of these various transactions. As soon as you started making these memorandums you became a bookkeeper, altho you might not have thought yourself one.
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Seller: Forgotten Books, London, United Kingdom
Paperback. Condition: New. Print on Demand. This book offers a comprehensive guide to accounting practices for the layperson. It begins by tracing the historical development of accounting from its humble origins in simple record-keeping methods to the sophisticated double-entry bookkeeping systems used today. The author explains the principles of debit and credit accounting, showing how they are used to track financial transactions and create financial statements. The book also covers specialized accounting areas such as cost accounting, auditing, and accounting systems design. The author emphasizes the importance of accounting in business management and provides practical advice on how to use accounting information to make informed decisions. Whether you are a business owner, an aspiring accountant, or simply someone who wants to understand the basics of accounting, this book provides a clear and accessible introduction to the subject. 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 # 9781332499915_0
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332499915
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332499915
Quantity: 15 available