PREFACE ACCOUNTING AND BUSINESS PRACTICE presents a methodical and practical development of the subject of bookkeeping. The student's introduction to his work is simple and interesting, and every step taken is clearly explained and illustrated. Important definitions are grouped so as to be readily accessible for reference. The memoranda of business transactions may be used either as a study of the theory of accounting, or as a study of theory and business practice. Unusual or complicated transactions are avoided. Nearly all entries in bookkeeping are simple and easily understood. It is worse than useless to attempt to introduce a student to all business forms used in all lines of business. After the most important business forms are mastered, the modification of such forms, as found in different lines of business, will be readily comprehended. The authors have endeavored to deal with the essentials of accounting. They believe that it is better to use difficult and exceptional transactions for special drills rather than to embody them in the different sets of the text. Business men have been frequently consulted in securing material for the memoranda of transactions. The forms used are such as may be found in modern commercial houses in every business center. The book is so arranged as to aid the teacher very materially in performing his work. 276 70443 JOHN H. MOORE, |