INDEX. BILLS OF EXCHANGE (continued) negotiation and indorsement, 287, 288 payment and rights of holder, 290, 291 signature, stamp, 292 stamps on, 292, 293, 294 BILLS of Lading, 294, 295 BILLS Ledgers, Set I., 68-70, Set II., 207, Payable, 12, 13, Set I., 69, Set II., 207 bank discount on, 70 discounted, not by bank, 208 CHEQUES, 294 customer's, 206 dishonored, 205 CLAIM NOTES, note ƒ, 59 CLAIMS, see Returns and Claims CLASSIFICATION— of expenditure, see Trading Account of purchases, 57, 198 of transactions, 21, 277, see also Test COLLATERAL SECURITY, 294 COMBERS, see Commission Workers COMMISSION, deducted by agent, 205 workers, special books, 227 COMPOSITION to Creditors, 205 promissory notes for, 208, see also CONSIGNMENT STOCK BOOKS, 255, 270, 271 accounts, how to deal with, 204, 204 COST Bоoks, see Mill and Factory Books, COUNTRY Work, 199, and see Outwork CREDIT, creditor, 7-9 NOTES, (purchases) note c, 58 CUSTOMER'S bills and cheques, 206, 208 DAMAGES, shorts and allowances, see DATE for payment, special, 204 DAY BOOK, see Purchases, Sales, Mill Sales, DIVIDENDS, see Bad Debts advantages of, 5 DYERS, see Commission Workers ENTRY, separate book of, 22, 28 ENTRIES to agree with postings 14, and ENGINEERS AND MACHINISTS, Detail Ledger ERRORS- in balancing, how discovered and in remittance, 204 localised, see Test Journal FACTORY or Mill Books, 246-271 FICTITIOUS ACCOUNTS, note d, 8 FINISHERS, see Commission Workers GAS Account, 78, 213 GOODS Account, 11, 16, 17 combined in Trading Account, 25, Delivered Book, 227 Received Book, 227 purchased, see Purchases Day Book GUARANTY, 295 HORSES and vehicles, account of, 213 IMPERSONAL ACCOUNTS, note d, 8 account, 216 INDEX to Ledger, 274, 275 INSOLVENT Account, 206, see Bad Debts calculations, 277, 278 on account current, 216 on capital, a charge against the on overdue accounts, not claimable on partners' drawings, 216 on personal accounts, 203 INVOICES for purchases, see Purchases Day for sales, see Sales Day Book JOURNAL, 21-23, note t, 216 and see Test LEASES, see Depreciation LEDGER, its divisions-for postings only-65 opening, indexing, and ruling off see also Purchases, Sales, Bills, Nominal LETTER OF CREDIT, 294 LIEN, 295 LOAN ACCOUNTS, 216 interest on, 216 MACHINERY Account, see Plant, and or Manufacturing Profit or Loss, see MILL LEDGER, see Purchases Ledger MILL or Factory and Warehouse Books, MILL SALES Day Book, 199 NOMINAL Accounts, 8, 13, 16 OPENING account in Ledger, 11, 65, 66 ORDERS MAKING CLASSIFICATION BOOK, 252, 266, 267 OUTWORK, 220 and note x, 222 OVERCHARGE, 203 PACKING MATERIAL, note y, 222 interest on, 216 must pay for purchases from the firm, PATTERN Day Book, 200 making, cost of, 220, and note a, 223 PERSONAL Accounts, 8, 15 PETTY CASH, or Petty Expenses Book, 64, 202 PIECE COST BOOK, 254 making, or Balk Book, 253, 266, 267 workers, see Wages PLANT and Machinery Account, 79, 215 POSTING, 65 postings to agree with entries 14, and to which ledger, 210 POWER Account, 212, note z, 223 PRIVATE DRAWINGS, see Partners' Drawings what posted thereto, 72, 215, 216 account, combined in Trading Account, definition of, note n, 211 PROMISSORY NOTES, 286, 287 stamps on, 292, 293 PURCHASES and Sales to same party, 203, 204 Ledger, Set I., 66, 67, Set II., 202–204 small, ledger account of, 204 RATES, &c., Account, 213 REPAIRS and RENEWALS to Machinery, 213 to Buildings, 214 RETURNS and Allowances (Sales) Day Book and Allowances Book File, note f, 59 and Claims (Purchases) Day Book, ROOM and POWER, 212, note z, 223 SALARIES, travellers', 214 warehouse and office, 214 SALES and purchases from same party, 203, at Mill, 199 ledger account of, 204 Day Book; Set I., 58, 59, Set II., 200 what posted thereto, 68, 210 to partners, 207 SECURITY, Collateral, 295 SELLING departments, 219 profit, 221 SEPARATE books of entry, 22, 28 SETTLEMENT, how to distinguish items com. SHORTS, See Returns and Allowances SPECIAL dates for payment, 204 terms for payment, 206 SPINNERS, see Commission Workers detail ledger, 228-230 skeps and bobbins, 228--230, see also STABLES Account, 213 STATUTE of Frauds, 295, 296 of Limitations, 296 STOCK BOOKS, see Mill or Factory and Ware- house Books, 246-271 STOCK-TAKING, 259, 260 STOPPAGE in transitu, 296 SUNDRY PERSONS Account, 204, 207 TARE records, 228 TAXES Account, 213 see Income Tax TERMS of payment, special, 206 should be printed on invoice and state- TEST JOURNAL, Set I., 76, 77, Set II., 210, TIMEKEFPER, see Wages TIMEWORKERS, see Wages TRADING ACCOUNT, 25, 77-80, 211-218 arrangement of 217 see Departmental Accounts TRAVELLERS' salaries and expenses, 214 results compared, note r, 214 TRIAL BALANCE, 14, 20, 74, see also Balance different methods of preparing, 276, 277 TURNING, See Motive Power VOLUME and value of production, 225 WAGES, 212, 241-245, see also Salaries book, 64 WAREHOUSE BOOKS, 246-271 WASTE, sales of, 199 WEAVER'S Ticket, 253, 268 WEIGHT NOTES, 198 WORK DONE, record of, 256, 257 summary of, 258 YARN, see Spinner shade register, 252, 268 ALFRED JUBB & SON, LTD., PRINTERS, HUDDersfield. |