This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1918 Excerpt: ...a practice cannot be too strongly condemned; it encourages employees to spend in advance and therefore in excess of their incomes; when they really need money they can be better cared for out of a fund provided for the purpose. The abuse of petty cash by executives is inexcusable; the money is given to the cashier for ...
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1918 Excerpt: ...a practice cannot be too strongly condemned; it encourages employees to spend in advance and therefore in excess of their incomes; when they really need money they can be better cared for out of a fund provided for the purpose. The abuse of petty cash by executives is inexcusable; the money is given to the cashier for specific purposes and among them is not that of loaning to executives. I recall a case in the South in which the executives were in the habit of frequently taking from $5 to $10 from the cashier, sometimes giving a receipt and more often not; it was simply, "Give me $10 and charge it to my account." In the course of time the cashier came under suspicion for other reasons and also at that time the officers discovered that they had drawn extraordinary amounts through petty cash. It could not be proved that the cashier had taken the money, for none of the executives could go back through the long period covered and say with certainty whether he had or had not drawn that amount on that particular date. They all, however, imagined that they were swindled by the cashier; probably they were--but it Was their own fault. Personal business and company business should never be confused; personal accounts should never be paid by company check. If one cannot tend to his own affairs, he should take a clerk away from other work long enough to attend to it. How Accounts Receivable Are Shown. Accounts receivable are shown only in the total amount. This total is substantiated by the individual detailed accounts expressing every transaction which affect the debit or credit of the controlling account. The total of these accounts must always agree with the total of the controlling account as shown in the general ledger and on this statement. The detail o...
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Add this copy of Accounting as an Aid to Business Profits to cart. $25.00, very good condition, Sold by Between the Covers-Rare Books rated 5.0 out of 5 stars, ships from Gloucester City, NJ, UNITED STATES, published 1924 by A.W. Shaw.
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Seller's Description:
Very Good. Fourth printing. 316pp. Navy cloth boards with gilt spine titles. Fold out charts tipped in. Owner's stamp with age-toned pages and bumped corners, very good.
Add this copy of Accounting as an Aid to Business Profits to cart. $61.07, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2015 by Palala Press.
