Accounting in Theory and Practice: A Text-book for the Use of Accountants, Solicitors, Book-keepers, Investors, and Business Men |
Other editions - View all
Accounting in Theory and Practice: A Text-Book for the Use of Accountants ... George Lisle No preview available - 2015 |
Accounting in Theory and Practice: A Text-Book for the Use of Accountants ... George Lisle No preview available - 2018 |
Common terms and phrases
1st January 30th June 31st December 31st March amount apportionment ascertained Assets Bad debts Balance Sheet Bank of Scotland Bills payable Bills receivable Book debts Capital Account Cash Book Cash on hand cent charged Clydesdale Bank column cost credit side creditors Customers Day Book debit side debtors Deduct deed of co-partnery Depreciation Discount Discounts and allowances dividend entry expenditure Fund goodwill gross profit half-year heritable property income interest invested June 30 Ledger Accounts Liabilities liferenter loan logarithm Loss Account Manufacturing Martinmas method number of days old firm open account paid partners payment period Plant and machinery premium prepared Profit and Loss proportion Purchases rate of exchange realised Rent revenue Robert Gow Ross Salaries Sales Scott & Tait shareholders showing sold Statement of Affairs Stock on hand taxes Trading Account transactions Trial Balance Wages waggons Whitsunday
Popular passages
Page 75 - The auditors shall make a report to the members upon the balance sheet and accounts and in every such report they shall state whether in their opinion the balance sheet is a full and fair balance sheet containing the particulars required by these regulations and properly drawn up so as to exhibit a true and correct view of the state of the Company's affairs...
Page 169 - Parties aforesaid fail to agree respecting the Amount of such Value or Compensation the same shall be determined as in other Cases of disputed Compensation ; and the Amount of such Value or Compensation, being so...
Page 155 - ACCRUE FROM DAY TO DAY, AND BE APPORTIONABLE IN RESPECT OF TIME. — From and after the passing of this Act all rents, annuities, dividends, and other periodical payments in the nature of income (whether reserved or made payable under an instrument in writing or otherwise), shall, like interest on money lent, be considered as accruing from day to day, and shall bo apportionable in respect of time accordingly.
Page 367 - The logarithm of any power of a number is equal to the logarithm of the number multiplied by the exponent of the power.
Page 155 - The apportioned part of any such rent, annuity, dividend or other payment shall be payable or recoverable, in the case of a continuing rent, annuity, or other such payment, when the entire portion of which such apportioned part forms part becomes due and payable, and not before...
Page 169 - Apjwrtionment may be settled by Agreement between the Lessor and Lessee of such Lands on the one Part, and the Promoters of the Undertaking on the other Part, and if such Apportionment be...
Page 156 - dividends" includes (besides dividends strictly so called) all payments made by the name of dividend, bonus, or otherwise out of the revenue of trading or other public companies, divisible between all or any of the members of such respective companies, whether such payments shall be usually made or declared at any fixed times or otherwise ; and all such divisible revenue shall, for the purposes of this Act, be deemed to have accrued by equal daily increment during and within the period for or in...
Page 72 - ... it is impossible to justify. The custom seems to have arisen through the influence of the forms given in Acts of Parliament, chiefly The Companies Act, 1862, which must have been prepared by those unacquainted with the theory of accounts.
Page 194 - The advance of money by way of loan to a person engaged or about to engage in any business on a contract with that person that the lender shall receive a rate of interest varying with the profits, or shall receive a share of the profits arising from carrying on the business...