The Order and Manner in Which the Accounts of a Store Should be Kept. How the Entries Should be Made Separately in the Authentic Books of the Owner and Those in the Store.

If you have a store apart from your house which receives its daily supplies from your house, keep your accounts in this way: For the daily goods which you supply the store, debit the store in your books, and credit the merchandise which you supplied, item by item. Imagine that the store is a person who owes you the amount you supply it or spend for it for any purpose. On the contrary, credit it with everything you take out of it or receive from it, as if it were a debtor paying you little by little. Therefore, you may see whether the store is operating at a profit or a loss, and know what to do and how to manage it.