ABSTRACT
The lawyer and the accountant in the matter of incorporations would be a subject on whom many men of both professions might write intelligently and instructively. The accountant having an eye single to the orderly arrangement of the schedules fails to appreciate the tedious routine which the lawyer specifies and insists upon. If lawyers were a little better accountants they would be able, perhaps, to manage an affair of this kind unaided; and in turn if accountants knew a little more of law they might be able to carry it through without assistance from the legal fraternity. The only possible basis for uniform bookkeeping in a given industry or line of trade is to be found in the accounting principles which underlie that bookkeeping. The company accounts contribute to the regiment records, and so on, to bataillons and divisions, until finally the whole account of the entire army is made up.
