Excerpt from Railway Accounts and Finance: Railway Companies (Accounts and Returns) Act, 1911 A new handbook to railway accounts and finance is believed to be of sufficient interest for publication at the present juncture, when British companies are publishing Annual Accounts for the first time in the revised form prescribed by the Railway (Accounts and Returns) Act, 1911. Herein will be made an attempt to assist the railway shareholder and official alike to follow the methods of accounting for the financial interests of both parties. A third party who may be interested in a reverse direction is the regular traveller or trader; and in this triangle of forces, perhaps, is comprised the whole of the British public (see diagram No. 1). It may happen that in one and the same person is represented two or even all three of these interests, which only tends to prove that the true welfare of any is dependent upon the rest, and that their stable equilibrium is not attained without equal consideration of all these forces or interests. The first diagram shows a triangle of forces for stable equilibrium. By subtending to the same figure another triangle (see diagram No. 2, page x), we can appreciate the essential features of accounts and finance generally; that is, the necessary distinction between its two parts of capital and revenue. 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.