Book Description

Excerpt from Progressive Business Accounting: An Elementary Course in Bookkeeping Business Practice, Forms and Usages for Commercial Schools and Individual Reference In our judgment, the call for new work in elementary bookkeeping refers to a course arranged in direct illustrative lines. Bookkeeping is an application of arithmetic. It would be useless to attempt to discover anything in the principles of single or double entry bookkeeping that is not well established. It would be equally useless to carry a student through the forms of such discovery. The land-marks of accounting have been definitely placed, the principles have been clearly defined. It is the part of a course of this nature to so arrange the facts that in a progressive order each may follow as a result of that which has preceded. This course consists of twenty-five graded exercises beginning with the ledger form, from that passing to its use, from that to the rules governing its use, and to the other forms contributing to it. The trial balance, statement. and ledger closed are the natural and necessary sequences of the line of demonstration commenced. The subject matter of these exercises has always been chosen with reference to the previous experiences of those taking the course. Following exercises ten. fifteen and twenty are business practice sets A, B and C. These subject the knowledge acquired in the exercises to a fair business test. The introduction of transactions and forms, outgoing and incoming, used in A. B and C, gives to the accounting principles and facts learned a business setting. It is claimed for results in the course as here arranged that the student has a more definite knowledge of what to do. and a clearer perception of completion when his task is finished, than in other similar courses now in use. Likewise, the teacher has the maximum control of the students' work with the minimum effort on his part. The slow student cannot seem to be rapid, nor can the progress of the rapid student he covered if the work is taken as outlined, and the accompanying automatic check is used. This is a consideration of importance where one teacher has charge of a large department. A teacher does not want to do any work that a prepared system can do. He wants to teach, not tinker. The established principles and bookkeeping rules are arranged in numbered information topics, to which reference is constantly made. The forms are reproductions of the work of a practical writer and accountant who never hesitated to allow his work to undergo the test of the first-class business office in first-class competition. The variety of forms will be found extensive. Exercises I. to X., inclusive, provide a four weeks' course for those who do not intend to pursue the subject further. It will take the average commercial worker six months' time to complete the entire course. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.