ABSTRACT
This chapter is then credited with discount on purchases and debited with warehouse and office standing expenses and general charges, the net profit then agreeing with the balance of the of the trading account. The period which have been just examined is one of pioneer work in this country following the emptiness of the previous eighty years. In 1777 there was published at York The Accomptants' Oracle by Wardhaugh Thompson, many years an Accomptant in London. The last chapter of is devoted to the accounts of manufacturers. It is also devoted to the cost book system for mines, quarries, which the author had apparently seen working in practice and which aimed at costing the different workings, galleries, or levels separately. For this purpose it is suggested that non-manufacturing charges be distributed over work done in the weaving and subsequent departments. It will be observed that the sales are set against the materials used and carriage.
