The New Bryant & Stratton HGH-School Book-Keeping; Adapted to Use in Business Colleges, and Higher Grades of Public and Private Schools
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Home > Art, Film & Photography > The New Bryant & Stratton HGH-School Book-Keeping; Adapted to Use in Business Colleges, and Higher Grades of Public and Private Schools
The New Bryant & Stratton HGH-School Book-Keeping; Adapted to Use in Business Colleges, and Higher Grades of Public and Private Schools

The New Bryant & Stratton HGH-School Book-Keeping; Adapted to Use in Business Colleges, and Higher Grades of Public and Private Schools


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About the Book

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1881 Excerpt: ...exactly agree with those of the Journal, which could rarely be the case, were any of the Journal entries omitted in posting; and as the footings of the Journal columns also tally with that of the Day Book, it is almost conclusive that all the original entries have found their way into the Ledger. There will remain but two chances of error in the accounts, viz.: from improper Journal entries, or from posting to the wrong accounts. In order to afford this additional test, we have found it necessary to carry into the Trial Balance the total footings of the Ledger. If we desired only to test the balances, this would not be necessary, as will be seen from the following example: We have here a test of equal debits and credits quite as satisfactory as the other, and much more brief, upon the principle of cancellation; that is, permitting a debit to offset a credit of the same amount, and vice versa. These forms have each its peculiar advantages, and it is often found convenient to combine them in one. Examples of this latter method will be found in a more advanced portion of the book. In the Trial Balance of "Differences" it will be seen that each Ledger account expresses one of the four results previously mentioned, viz.: a resource, a liability, a gain, or a loss. By a careful classification of these facts we are enabled to present one of the vital facts of Double Entry, viz.: that the net gain or loss in business exactly corresponds with the increase or diminution of wealth. The following will more fully illustrate this fact: By comparing the numerals in these statements with those in the Trial Balance, it will be seen that all the Ledger accounts are used, and that the original purpose of each account is fully recognized. The statement of Gains and L...


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Product Details
  • ISBN-13: 9781130114096
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 28
  • Spine Width: 2 mm
  • Width: 189 mm
  • ISBN-10: 1130114090
  • Publisher Date: 01 Mar 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 68 gr


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The New Bryant & Stratton HGH-School Book-Keeping; Adapted to Use in Business Colleges, and Higher Grades of Public and Private Schools
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