PREFACE. THE purpose of this book is to teach the principles of to give some familiarity with the customs of business. some of its distinctive features: T 1. The subject is developed logically by first studying t each entry. in a journal or other book of original entry is some account in the ledger, it is manifest that a pupil ca entries intelligently until he understands the accounts inv understands the use and purpose of each of the principa ready to study the books of original entry. 2. No exercises are introduced simply to prolong the tim subject, but there is enough work to fit the pupil to m demands of the business office. The exercises for suppleme a great variety of difficult entries. 3. Self-reliance is stimulated by special instructions for at points where they will be most needed. The author ha study of the pupils' most frequent errors, and has set up to show how they may be avoided. 4. The business forms and vouchers are simple in desi like in character. 5. Other special features are the chapters on Loose Leaf Voucher Method, Card Index Systems, and Filing System An experience of many years in teaching bookkeepin private schools, supplemented by work in a business office, confidence that he has made a book sufficiently practical to m of business, and simple enough to be mastered easily and q The author is indebted to The John C. Moore Company the chapter on Loose Leaf Bookkeeping; to The Macey Co Rapids, for the chapters on Card Index and Filing Syste Widdicomb Furniture Company of Grand Rapids, The Hart poration of New York City, The Baker-Vawter Company of other business men for many valuable suggestions. Grat ment is made to his associate teacher, Mr. E. E. Kent, for in the preparation of the manuscript and the accompanying Chester M. Grover of Cambridge, Mr. John D. Houston of Mr. Maynard Maxim of Newtonville, for their courtesy in the manuscript and for many helpful criticisms. 188123 iii 1. Bookkeeping.—To keep books is to make a syst business transactions. The purpose of such a record person at any time to ascertain the exact condition affairs. 2. The Record must be concise, complete, and accurate a bookkeeper is to keep a systematic record, or hist transactions. Like any other history, this record mus accurate, and no fact may be omitted which is essentia derstanding of any transaction. On the other hand, details should be omitted, in order that the record m as possible. 3. Errors and Corrections. Each transaction shou studied; you should be sure that you know the corr before making the record in your books; and you sh sure of the accuracy of all computations. Take time to Business men are frequently required to submit their b in courts of law, and the credibility and trustworthi books will be seriously questioned if they contain ma corrections. 4. Books. A complete record of business trans kept in a ledger; but usually transactions are first re books, from which the entries are transferred to th book in which the first record of a transaction is ma original entry. The most important books of origina journal, cash book, and sales book. The journal is the is absolutely essential, although the cash book and sa be used, and much time and labor may be saved by t books, of which you will learn later. 1 |