This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1917 edition. Excerpt: ... (6) Columns for Discount on Purchases and Discount on Notes on the same side of the Cash Book; (c) Columns for Discount on Sales and Cash Sales on the debit side of the Cash Book; (d) Departmental columns in the Sales Book and in the Purchase Book. Controlling Accounts.--The addition of special columns in books of original entry makes possible the keeping of Controlling Accounts. The most common examples of such accounts are Accounts Receivable account and Accounts Payable account. These summary accounts, respectively, displace individual customers' and creditors' accounts in the Ledger. The customers' accounts are then segregated in another book called the Sales Ledger or Customers' Ledger, while the creditors' accounts are kept in the Purchase or Creditors' Ledger. The original Ledger, now much reduced in size, is called the General Ledger. The Trial Balance now refers to the accounts in the General Ledger. It is evident that the task of taking a Trial Balance is greatly simplified because so many fewer accounts are involved. A Schedule of Accounts Receivable is then prepared, consisting of the balances found in the Sales Ledger, and its total must agree with the balance of the Accounts Receivable account shown in the Trial Balance. A similar Schedule of Accounts Payable, made up of all the balances in the Purchase Ledger, is prepared, and it must agree with the balance of the Accounts Payable account of the General Ledger." The Balance Sheet.--In the more elementary part of the text, the student learned how to prepare a Statement of Assets and Liabilities for the purpose of disclosing the net capital of an enterprise. In the present chapter he was shown how to prepare a similar statement, the Balance Sheet. For all practical...

This selection brings together the best prose writings of the great early nineteenth-century essayist Charles Lamb, whose shrewd wit and convivial style have endeared him to generations of readers. These pieces include early discussions of Hogarth and Shakespeare; masterly essays written under the pen-name 'Elia' that range over such subjects as drunkenness, witches, dreams, marriage and the joy of roast pig; and letters to Lamb's circle of contemporaries, among them Samuel Taylor Coleridge and William Wordsworth. Wryly amused by the world, allusive, searching and endlessly inventive, these are the essential works of a master of English prose. In his introduction Adam Phillips discusses how Charles Lamb's tragic life and sainted reputation, caring for his mentally ill sister Mary, belied the quality of his work. This edition also includes a biographical index of Lamb's correspondents. Charles Lamb (1775-1834) was an English essayist best known for his humorous Essays of Elia from which the essay 'A Dissertation Upon Roast Pig' is taken. Lamb enjoyed a rich social life and became part of a group of young writers that included William Hazlitt, Percy Bysshe Shelley, Lord Byron and Samuel Taylor Coleridge with whom he shared a lifelong friendship. Lamb never achieved the same literary success as his friends but his influence on the English essay form cannot be underestimated and his book, Specimens of the English Dramatic Poets is remembered for popularising the work of Shakespeare's contemporaries.