Business Bookkeeping and Practice the Inductive Method and Illustrating, the Principles of Bookkeeping and the Best Practice of Experienced, Bookkeepers in Modern Accounting (Classic Reprint)

Bnsmess is rapidly becoming a scienoe. The best thoughts of the brainiest men of the times are being devoted to the great profession of business: the profession of professions, whose purpose is the development, cultivation, and economic administration of the great commercial and industrial activities which directly affect the social and political relations and conditions of all peoples and nations. Every discovery and invention that will save labor and time is hailed with delight, and is at once applied and soon becomes a part of the great machinery of business. To keep step with theM arch of Progress in other directions in the business world, this work has been prepared. It claims attention because of the following points of superiority: Logical A rrangezaent of Subject Matter. Beginning with the simplest principles that lie at the basis of business and bookkeeping, and developing the subject by inductive reasoning and philosophical thought-processes, the student is led to a thorough and comprehensive knowledge of the science of Bookkeeping, as applied in recording the transactions of commerce and manufacture. From the very first the work is placed upon a philosophical basis. The Philosophy of Business illuminates the first principles upon which the entire system of accounts is built. The science is then unfolded in a manner that will at once fasten the attention and develop the mental powers of the learner by easy natural processes. Theory and Practice. These are treated as one and the same thing, for correct practice necessitates correct theory. Theory is the soul ofprcusU ce. Impracticable methods are entirely eliminated, and nothing whatever has been admitted for purposes of instruction, etc., that is not found in general use among practical accountants. This is emphasized under the head of Points of Superiority on the following page. AU thorship, A fea
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