The Merrie Tales of Jacques Tournebroche and Child Life in Town and Country

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Read Books, 2007 - Biography & Autobiography - 232 pages
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)

Anatole France was the pen name of Jacques Anatole Francois Thibault, who was born in Paris in 1844. The son of a bookseller, Thibault had a lifelong interest in literature. He worked as a schoolteacher, as a reader and editor for publishing houses, and as an assistant librarian in Paris' Senate Library, in addition to writing fiction, plays, poetry, criticism, and autobiographical stories. In his lifetime, Thibault was considered one of France's most beloved authors, and he received the Nobel Prize for literature in 1921. France's first novel was The Famished Cat, published in 1879. France's best-known novels include Monsieur Bergeret in Paris, The Crime of Sylvestre Bonnard, Member of the Institute (for which he received an award from the French Academy in 1881), At the Sign of the Reine Pedauque, Penguin Island, Thais (which became the basis for an opera), The Gods Are Athirst, and The Revolt of the Angels. During the late 1890s Thibault became very involved in political and social issues. He was especially committed to socialism and to the fight against anti-Semitism, mainly as a result of the Dreyfuss affair. This new awareness was reflected in his writing, particularly in books such as Penguin Island, which criticized contemporary French society, and The Revolt of the Angels, which parodied the Catholic Church. He also became the literary advisor to l'Humanitie, an influential socialist newspaper, and frequently contributed articles to it until, dissatisfied with the Communist party that had eventually evolved, he renounced all political ties to the left just before his death in 1924.

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