Excerpt from Maritime Double Entry Bookkeeping: An Elementary, Practical and Rational Method of Presenting the Principles and Practice of Double Entry Bookkeeping; Arranged for Class and Private Study There are two parties to each transaction - the one who gives the value and the other who receives the value. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.