The Accountants' Students' Journal, Volume 1Gee & Company, 1884 - Accounting |
From inside the book
Results 1-5 of 87
Page 23
... debit , " and that " the books required are cash - book , journal , and ledger . " In lieu of theories they had practical experience of the mode of keeping and treating accounts , and on that experience they relied . It may safely be ...
... debit , " and that " the books required are cash - book , journal , and ledger . " In lieu of theories they had practical experience of the mode of keeping and treating accounts , and on that experience they relied . It may safely be ...
Page 29
... debit and credit balances on their respective sides , that the total of the one agrees exactly with that of the other- hence the term Trial Balance . On the other hand it sometimes happens , may I not say it most frequently happens ...
... debit and credit balances on their respective sides , that the total of the one agrees exactly with that of the other- hence the term Trial Balance . On the other hand it sometimes happens , may I not say it most frequently happens ...
Page 32
... debited Bank Charges , Interest on Mortgages and Debentures , General Establish.nent Charges , Directors ' Fees ... debits and credits should be set down , but this , though incidental to , is not an essential part of our subject . We ...
... debited Bank Charges , Interest on Mortgages and Debentures , General Establish.nent Charges , Directors ' Fees ... debits and credits should be set down , but this , though incidental to , is not an essential part of our subject . We ...
Page 39
... debit had its credit . This was effected by setting up a fictitious stock account , a cash account , and a balance ... debits and credits are unequal in amount . This arises from the principle of double entry having been violated . But ...
... debit had its credit . This was effected by setting up a fictitious stock account , a cash account , and a balance ... debits and credits are unequal in amount . This arises from the principle of double entry having been violated . But ...
Page 42
... debit side , moneys paid on the right or credit side , the trader being a debtor to the party paying him ( in respect of the sum received ) , and a creditor of the person he pays ( in respect of the sum paid ) . When a single entry ...
... debit side , moneys paid on the right or credit side , the trader being a debtor to the party paying him ( in respect of the sum received ) , and a creditor of the person he pays ( in respect of the sum paid ) . When a single entry ...
Common terms and phrases
Act of Parliament amount annuity apply appointed arbitrator arrangement assets audit auditor balance balance-sheet bank Bank of England bankrupt Bankruptcy Act Bills of Exchange Birmingham Board of Trade bookkeeping called capital carried cash book cent charged Chartered Accountants clerk column committee Companies Act 1862 composition contributories cost Court creditors debit debtor debts deed directors discount dividend duty entitled entry examination executor expenses give goodwill income Institute of Chartered interest Joint Stock Companies Journal lecture ledger legacy liability London Manchester meeting memorandum of association ment necessary notice obtained official liquidator official receiver ordinary paid pany partner partnership passed payable payment person petition present principles profession profit and loss questions receipts referred resolution rule shareholders shares Society solicitor Students tion transactions trial balance trustee winding-up wound-up
Popular passages
Page 180 - Where any damage or loss is caused to any goods, merchandise, or other things whatsoever on board the ship...
Page 181 - A bill of exchange is an unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand or at a fixed or determinable future time a sum certain in money to or to the order of a specified person, or to bearer.
Page 181 - Act is an unconditional promise in writing made by one person to another signed by the maker engaging to pay on demand, or at a fixed or determinable future time, a sum certain in money to order or to bearer.
Page 260 - We do not see how a better test can be applied to the question whether reasonable or not than by considering whether the restraint is such only as to afford a fair protection to the interests of the party in favor of whom it is given, and not so large as to interfere with the interests of the public.
Page 276 - That no contract for the sale of any goods, wares and merchandise, for the price of ten pounds sterling or upwards shall be allowed to be good, except the buyer shall accept part of the goods so sold, and actually receive the same...
Page 332 - ... necessary to satisfy the debts and liabilities of the company, and the costs, charges, and expenses of winding it up...
Page 322 - ... that the company is to be dissolved, and the company in general meeting has passed a resolution requiring the company to be wound up voluntarily...
Page 111 - If it is proved to the satisfaction of the Court that the Company is unable to pay its debts...
Page 8 - The subscribers of the memorandum of association, together with such other persons as may from time to time become members of the company, shall thereupon be a body corporate by the name contained in the memorandum of association, capable forthwith of exercising all the functions of an incorporated company, and having perpetual succession and a common seal, with power to hold lands...
Page 321 - Whenever the company does not commence its business within a year from its incorporation, or suspends its business for the space of a whole year...