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. 1918 edition. Excerpt: ...be made in currency, for which a petty cash fund is provided. The Check Register is a record of checks drawn on the bank, currency disbursements being recorded on "petty cash vouchers" which are summarized, approved, and entered in the Voucher Register as a series of charges to the proper expense accounts whenever the petty cash fund is replenished. Columns are provided in the Check Register for deposits made, checks drawn on the bank, and for the balance on deposit. Checks are to be numbered consecutively starting with No. 1. The General Journal is provided with special columns in order to reduce the work of classifying and posting the entries made therein. The General Ledger contains general expense accounts only. These are Manufacturing Expenses, Buying and Receiving Expenses, Selling Expenses, Shipping and Delivery Expenses, General Administrative Expenses, Maintenance of Store Building, and Garage Expenses. Each general expense account controls a corresponding section of the subsidiary Expense Ledger. The Expense Ledger is divided into seven sections to agree with the classification of operating expenses. The section given to Manufacturing Expenses is subdivided into Indirect Labor, Maintenance of Factory Real Estate, Maintenance of Production Machinery and Equipment, Power, Heat and Light, Factory Organization Expenses and Lost Time. Detailed Interest and Discount accounts and other extraneous income and expense accounts are kept in the General Ledger. In addition to the books named, there are the Minute Book, Stock Certificate Books, Stockholders' Ledger or Transfer Book, and the Subscribers' Ledger. The methods of making entries in these books are easily comprehended and the student is not required to operate them. There...