Account Keeping in Principle And Practice

Cover Account Keeping in Principle And Practice
Account Keeping in Principle And Practice
George Lisle
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Fol.
Uash Sales Monday .... Tuesday .... Wednesday Thursday .... Friday .... Saturday ....
Total for week ook Debts, as below . )ther Receipts, viz. : Receipts for week .
balance on hand, from last Statement.
s. D.
Wages Charges .... Carriages .... Remittances to Head Office [or Payments into Bank] (Dates and Amounts) Other Payments, viz. : Payments for week .
Balance on hand, to next Statement s. D.
Book Debts Collected.
Name.
1 Discount.
Cash.
Name.
t Discount.
Cash.
Name.
t j d 5 Cash.
forwa
...rd.
s. D.
s. D.
Forward. Forward.
s. D.
s. D.
Forward.
Total Dis- count Net Collect to Summa on y s. D.
s. D.
carried 108 ACCOUNT-KEEPING The series of such summaries when filed is regarded as part of the book-keeping system, so that the Branch Cash Sales Account, for example, is credited with the weekly total shown in the Summary, and the folio of that account is placed on the Summary against the complementary Dr. Entry ; in fact these summaries represent the Branch Cash Account so far as the head office books are concerned.


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