Net Worth and the Balance Sheet (Classic Reprint)

Bus. A dmin. Library EXPLANATION OF THE BOOK CHREWD business men take pains to learn enough about the accounts on their books ;to know where they stand at any time and whether the business is going forward or backward, and why. To such men the knowledge of the vital facts of the business, as shown in their books, provides means by which complete mastery of the business may be obtained. But these shrewd men are few in number compared with the many who do not take the trouble to solve the meaning of the ac counts in which the history of the business Nis being recorded. Such men, finding the study of facts ex| pressed in figures unattractive, too often Rleave the matter of bookkeeping entirely to jJ:heir clerks, easily yielding to the difficulty of obtaining the correct interpretation of their accounts.
(Typographical errors above are due to OCR software and don't occur in the book.)

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