Public Accounting and Auditing...South-western publishing Company, 1920 - Accounting |
From inside the book
Results 1-5 of 29
Page 6
... principal objective and an auditor was em- ployed only when fraud was suspected by the management . Consequently when an auditor appeared in an office and began his investigation , the bookkeepers began to wonder who was to be the ...
... principal objective and an auditor was em- ployed only when fraud was suspected by the management . Consequently when an auditor appeared in an office and began his investigation , the bookkeepers began to wonder who was to be the ...
Page 28
... principal income will be represented by returns from sales , and practically all other income will be in the nature of special profits . If the business is a professional business , the principal income will be from fees , and all other ...
... principal income will be represented by returns from sales , and practically all other income will be in the nature of special profits . If the business is a professional business , the principal income will be from fees , and all other ...
Page 34
... principal use for the general journal will be for record- ing opening entries at the beginning of the business , correction entries during the fiscal period , and adjusting and closing entries at the end of the fiscal period . Of course ...
... principal use for the general journal will be for record- ing opening entries at the beginning of the business , correction entries during the fiscal period , and adjusting and closing entries at the end of the fiscal period . Of course ...
Page 36
... principal subsidiary ledgers are the sales and purchases ledgers . From the standpoint of terminology , a number of dif- ferent names have been applied to these ledgers . Accounts re- ceivable ledger , sales ledger , customers ' ledger ...
... principal subsidiary ledgers are the sales and purchases ledgers . From the standpoint of terminology , a number of dif- ferent names have been applied to these ledgers . Accounts re- ceivable ledger , sales ledger , customers ' ledger ...
Page 60
... principal means of discharging contracts : 1. By performance . 2. By agreement . 3 . By operation of law . 4. By intervention of impossibility . 5. By breach of contract . Performance . This is the simplest method of discharging ...
... principal means of discharging contracts : 1. By performance . 2. By agreement . 3 . By operation of law . 4. By intervention of impossibility . 5. By breach of contract . Performance . This is the simplest method of discharging ...
Other editions - View all
Common terms and phrases
accounts payable accounts receivable accrued adjusting entries auditor bad debts Balance Sheet audit bank Blank Manufacturing bookkeeper books of account buildings C. P. A. Ind Capital Stock cash book certificate charged client columns contract controlling account corporation cost price creditors current assets current liabilities customers debit deducted dividends endorsement expenditures expenses fiscal period fixed assets included Income Tax Inst inventory investments invoices journal entries junior ledger accounts Liberty bonds ment merchandise method mortgage necessary negotiable instruments nominal accounts notes payable notes receivable paid par value payment preferred stock premium prepared Profit and Loss purchased real estate record reserve for depreciation sales ledger securities selling shares shown Sinking Fund sold statement stockholders subsidiary ledger Surplus tion trade transactions treasury stock Trial Balance trustee usually verify voucher XX XXXX.XX XX XXXXX XXXX.XX XXXX XXXXX.XX XXXXX.XX