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Accounting and Office Methods

Accounting and Office Methods


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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. 1913. Excerpt: ... CHAPTER XV THE LIFE INSURANCE OP A BUSINESS BY FBANK N. DOUBLEDAY President, Doubleday, Page and Company Two years after I established our publishing house, Andrew Carnegie came to me one day with the inquiry: "How much money did you make last month?" "I don't know," I answered, "our statements are made out annually. You can't get monthly statements in the publishing business." "Then change your business," came back the abrupt advice of the Steel King. "I get monthly statements in my business and you can get them in yours." The advice did not fall on barren ground. The next week I engaged a systematizer at $50 a day. After he had worked three months I engaged him for the year. That man went through every department and he made changes in each one and kicked up no end of a rumpus. That happened three years ago, but I get my monthly reports. This system of reports is now the life insurance of this business. I can at last tell which departments are dead, which are carrying the burdens of the departments that are falling behind. Only last week I found that the expense of one department was increasing at an alarming rate. The leak was brought to my attention by means of these reports before it became large enough to cause serious trouble. And in addition to these monthly checks I have my little red book. This book is made up by the chief accountant and is laid on my desk every morning. It contains the report of the money deposited in the bank the day before, the amount withdrawn, the number of books sold, the amount of cash received from our magazine sales, and other points of information that keep me in touch with my business. Time was when the editorial department secluded itself on the top floor and considered itself among the Lord's anointed. The business...


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Product Details
  • ISBN-13: 9781235647451
  • Publisher: General Books
  • Publisher Imprint: General Books
  • Height: 246 mm
  • No of Pages: 46
  • Spine Width: 3 mm
  • Width: 189 mm
  • ISBN-10: 1235647455
  • Publisher Date: 01 Feb 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 100 gr


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