A Common-Sense Method of Double-Entry Bookkeeping

di

S. Dyer

Forgotten Books

A Common-Sense Method of Double-Entry Bookkeeping - Bookrepublic

A Common-Sense Method of Double-Entry Bookkeeping

di

S. Dyer

Forgotten Books

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Descrizione

Exercise I. From the following Waste Book entries make separate accounts for Richards, Grover, and Prior, balance each, and state clearly whether the customer owes me, or I owe him anything.<br><br>At the beginning of the quarter I owe Grover £5; Prior owes me £6, Richards £10.<br><br>Fold a sheet of paper lengthways down the middle. Make out three accounts, one headed Grover, the second headed Prior, the third Richards. Write on the top of the left-hand half Dr., Receiving side; on the top of the right-hand half Cr., Paying-away side. As I owe Grover £5, I write £5 on the Cr. side of his account. The Cr. side is the side in his favour. He has, some time previously, paid away £5 to me, or sent me £5 worth of something, and is my Creditor for £5. As Prior and Richards owe me their amounts, they have received them from me, and must be debited with them. Write "To" before debits, "By" before credits.

Dettagli

Dimensioni del file

5,9 MB

Lingua

eng

Anno

2017

Isbn

9780259617426

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