ABSTRACT

Certain peculiar and well known entries will now be illustrated. In business it is desirable to arrange some of these separately from the others, so that their respective profits and losses can be readily seen. These entries cover tradings, partnerships, journeys made on your behalf, your own private journeys, commissions received from others, drafts or bills of exchange, and store accounts. In what follows, I will tell you clearly about these accounts, and how to enter them in your books in an orderly way, so that you make no mistake in your affairs.