ABSTRACT

Carefully record all personal property and real estate, item by item, (even if there were ten thousand), entering their condition and nature, and whether deposited or loaned. Every item must be systematically recorded in the Inventory with all countermarks, full names, and in as much detail as possible. Because of the vast number of things that might occur, transactions can never be too clear to a businessman. Right is the proverb which says, “More skills are required to make a successful businessman than are required to make a good lawyer.”