Accounting in theory and practice (The History of accounting)

The object with which this book has been prepared is to supply the demand for a text-book dealing with the principles of advanced book-keeping and accounting. Accounting is a progressive science, and has made great strides within recent years. The cumbrous forms and vain repetitions of the older systems of accounting are giving place to improved methods which have been evolved through the desire to have the maximum of result with the minimum expenditure of time and labour. A ccountants, solicitors, investors, and all business men should be familiar with these improved methods. In fact, a knowledge of the science of accounting is of use to all who receive or pay away money, either for themselves or in trust for others, and there is no condition of life in which it will not be found of service. An attempt has been made to define as exactly as possible the various terms used in accounting. Many of these terms are employed somewhat loosely, and this is most undesirable in a science which is an important branch of applied mathematics. A large number of examples and exercises have been given, together with the solutions. These serve to elucidate the principles, and will at the same time enable the student to effectively test his progress. I have to record my indebtedness to my partner, Mr. W. A. Middleton, for the great care with which he has revised the proofs. 6N oiiTH St. David Street, Edinburgh.(Typographical errors above are due to OCR software and don't occur in the book.)About the Publisher Forgotten Books is a publisher of historical writings, such as: Philosophy, Classics, Science, Religion, History, Folklore and Mythology.Forgotten Books' Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the aged t