Description
Excerpt from Limited Companies and Their Accounts
Double Entry Essential. It should be borne In mind that, properly to comply with the law of the Dominion and Provinces, the double entry principle must be applied to the accounts of a company. The law requires a Balance Sheet, which can be taken only from books kept on the double entry principle. If the books were kept on the single entry principle, the statement of assets and liabilities would not be a Balance Sheet, but a Statement of Affairs. Limited Companies are required, also, to keep a record of Income and Expenditure.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Double Entry Essential. It should be borne In mind that, properly to comply with the law of the Dominion and Provinces, the double entry principle must be applied to the accounts of a company. The law requires a Balance Sheet, which can be taken only from books kept on the double entry principle. If the books were kept on the single entry principle, the statement of assets and liabilities would not be a Balance Sheet, but a Statement of Affairs. Limited Companies are required, also, to keep a record of Income and Expenditure.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Details
Publisher - Forgotten Books
Language - English
Hardback
Contributors
Author
Walter Scott Ferguson
Published Date -
ISBN - 9780364974773
Dimensions - 22.9 x 15.2 x 1.8 cm
Page Count - 333
Paperback
Contributors
Author
Walter Scott Ferguson
Published Date -
ISBN - 9781330304532
Dimensions - 22.9 x 15.2 x 1.8 cm
Page Count - 335
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