Accountancy and business management .. . nth. This proves that each bill has been correctlyadded. The balance due from the previous bills is then broughtforward, and any payments made during the month deducted, and thebill footed. All credits for returned goods are entered during themonth the same as the charges, excepting that they are placed in aseparate column provided for that purpose, and deducted at theend of the month from the charges. Some firms post the total charges and credits for the monthto the ledger in two lump sums. Other firms prefer to post the totalof each days charges to th
Accountancy and business management .. . nth. This proves that each bill has been correctlyadded. The balance due from the previous bills is then broughtforward, and any payments made during the month deducted, and thebill footed. All credits for returned goods are entered during themonth the same as the charges, excepting that they are placed in aseparate column provided for that purpose, and deducted at theend of the month from the charges. Some firms post the total charges and credits for the monthto the ledger in two lump sums. Other firms prefer to post the totalof each days charges to the ledger daily, instead of letting the postinggo until the end of the month. This is a matter to be decided froma bookkeeping standpoint. If the bookkeepers have the currentmonths charges in the ledger, it saves referring to the bills at thebill clerks desk for information or the current months charges. After the bills have been sent out, the duplicates are filed best known way to file them is alphabetically; each customers 306. ^: K:mi^tKComN\ aBaH<JMfc. Jo, f- ^ O
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Keywords: ., bookcentury1900, bookdecade1920, booksubjectaccounting, bookyear1
