When properly assembled, the bookkeeping records become accounts. If correct methods are used, the bookkeeping records will be assembled or grouped in a manner to show their exact nature and their bearing on the status of the business or the standing on the status of the business or the standing of the account. For the purpose of recording different types of business transactions, business organization maintains different types of account books-order book, day book, cash book, journal, sales and purchase books, ledger, etc.
The present book discusses bookkeeping, account books, classes of accounts, departmental records, wholesale and storage accounts, shipment and consignment accounts, corporation accounts, voucher system and accounting charts in a lucid manner.
This lucid presentment on bookkeeping and accounting will be highly useful to students, teachers, accounts, businessmen and general readers.
Table of Contents:
Theory of Accounts
Single-Entry Bookkeeping
Wholesale and Storage Accounts
Shipment and Consignments
The Voucher System and Accounting Charts
Corporations Accounts
