Ballads, a Legend of the Rhine, Etc.

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Read Books, 2007 - Poetry - 364 pages
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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1917 edition. Excerpt: ... (6) Columns for Discount on Purchases and Discount on Notes on the same side of the Cash Book; (c) Columns for Discount on Sales and Cash Sales on the debit side of the Cash Book; (d) Departmental columns in the Sales Book and in the Purchase Book. Controlling Accounts.--The addition of special columns in books of original entry makes possible the keeping of Controlling Accounts. The most common examples of such accounts are Accounts Receivable account and Accounts Payable account. These summary accounts, respectively, displace individual customers' and creditors' accounts in the Ledger. The customers' accounts are then segregated in another book called the Sales Ledger or Customers' Ledger, while the creditors' accounts are kept in the Purchase or Creditors' Ledger. The original Ledger, now much reduced in size, is called the General Ledger. The Trial Balance now refers to the accounts in the General Ledger. It is evident that the task of taking a Trial Balance is greatly simplified because so many fewer accounts are involved. A Schedule of Accounts Receivable is then prepared, consisting of the balances found in the Sales Ledger, and its total must agree with the balance of the Accounts Receivable account shown in the Trial Balance. A similar Schedule of Accounts Payable, made up of all the balances in the Purchase Ledger, is prepared, and it must agree with the balance of the Accounts Payable account of the General Ledger." The Balance Sheet.--In the more elementary part of the text, the student learned how to prepare a Statement of Assets and Liabilities for the purpose of disclosing the net capital of an enterprise. In the present chapter he was shown how to prepare a similar statement, the Balance Sheet. For all practical...

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About the author (2007)

William Makepeace Thackeray was born in Calcutta, India, where his father was in service to the East India Company. After the death of his father in 1816, he was sent to England to attend school. Upon reaching college age, Thackeray attended Trinity College, Cambridge, but he left before completing his degree. Instead, he devoted his time to traveling and journalism. Generally considered the most effective satirist and humorist of the mid-nineteenth century, Thackeray moved from humorous journalism to successful fiction with a facility that was partially the result of a genial fictional persona and a graceful, relaxed style. At his best, he held up a mirror to Victorian manners and morals, gently satirizing, with a tone of sophisticated acceptance, the inevitable failure of the individual and of society. He took up the popular fictional situation of the young person of talent who must make his way in the world and dramatized it with satiric directness in The Luck of Barry Lyndon (1844), with the highest fictional skill and appreciation of complexities inherent within the satiric vision in his masterpiece, Vanity Fair (1847), and with a great subtlety of point of view and background in his one historical novel, Henry Esmond (1852). Vanity Fair, a complex interweaving in a vast historical panorama of a large number of characters, derives its title from John Bunyan's Pilgrim's Progress and attempts to invert for satirical purposes, the traditional Christian image of the City of God. Vanity Fair, the corrupt City of Man, remains Thackeray's most appreciated and widely read novel. It contrasts the lives of two boarding-school friends, Becky Sharp and Amelia Smedley. Constantly attuned to the demands of incidental journalism and his sense of professionalism in his relationship with his public, Thackeray wrote entertaining sketches and children's stories and published his humorous lectures on eighteenth-century life and literature. His own fiction shows the influence of his dedication to such eighteenth-century models as Henry Fielding, particularly in his satire, which accepts human nature rather than condemns it and takes quite seriously the applicability of the true English gentleman as a model for moral behavior. Thackeray requested that no authorized biography of him should ever be written, but members of his family did write about him, and these accounts were subsequently published.

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