ABSTRACT

The preceding Chapter contains the fundamental Principles, and Rules of the Leger; which are never to be transgressed, but in every Case to be applied, either in a more general or particular Manner: You must therefore take care to remember, and have them always in View. But then as to the complete Application of them, there remain several Things to be yet explained; and that we may have first a general Idea of what’s further necessary, consider, that all Accounts belong to one of these three Classes, Personal, Real, or Imaginary; and accordingly all the further Instruction that needs, or can be added, for finding the Debtors and Creditors (i. e. where any Transaction is to be placed in the Leger-Book) relates to these two Parts, viz.

The Invention of Imaginary Accounts for satisfying the third general Rule.

Particular Accommodations of the second general Rule for Personal and Real Accounts to some particular Cafes; either in the limiting of them to particular Conditions, or extending them fo as to comprehend several like Subjects 34under a common Name; and sometimes by a Mixture of tooth, indifferent Respects. The Consequence of which you’ll fee in what follows.