PREFACE This book is much more than a collection of practical problems in bookkeeping. It unites with the study of bookkeeping and accounting a study of the essentials of social relationships, of self-reliance, of intelligent initiative, and of analysis and interpretation, and thus serves a useful purpose in the field of education. Bookkeeping is approached through the student's personal knowledge of business transactions. This approach, exemplified here by a study of the journal, is very generally accepted as being consistent, logical, and effective. The material is so carefully developed and graded that the student's progress is rapid. The principles are discussed in accordance with present-day practice, and the student learns nothing which he must later unlearn. Each chapter contains a discussion and illustration of some new subject, followed by exercises to be used in applying the principles as explained, and then a series of questions which may be used as a basis for class discussion and recitation. The instructor is urged to plan for as much class discussion of chapter content as possible. Throughout the text emphasis is laid upon the principles and "reasons why," and the student's understanding of the content of each chapter will be strengthened by means of this socialized recitation. There are many exercises and a number of sets. The exercises are to be recorded on loose sheets of paper, and the sets in blank books. The sets are short, being merely series of transactions which cover the points already discussed. No new material is introduced, and thus the sets are more or less connected problems or narratives which enable the student to review complete cycles. Several of the sets are provided with optional business practice, consisting of papers commonly used in business today. The authors desire to acknowledge their indebtedness to the many instructors and business men who have read the manuscript and made valuable suggestions for its improvement. 615609 |