Double Entry Elucidated (Classic Reprint) - Softcover

Inhaltsangabe

Excerpt from Double Entry Elucidated

The usual mode of proceeding is to commence this study by copyinga series of mercantile transactions, comprising receipts, payments, purchases, sales, and the like after being wearied. Secundam artem, with this sort of work, the learner is re quired to construct ajournal; the substance of his instruction being, that the thing received is debtor to the thing delivered. But as to the object of making one thing debtor to another thing, he is totally ignorant; for every entry in the journal has reference to the ledger, which is a sealed book to him. His whole progress through the journal is, therefore, no better than a blind process of guessing; and when ulti mately required to balance his books, he does so more like an automaton than a ra tional being. Now this mode of tuition, if not erroneous ab initio, is at least defec tive in purpose, and imperfect in its nature. It is an attempt to teach a science by way of synthesis a hopeless as well as an impossible task. Synthesis - or, literally, putting together - is the method of self-instruction but it never can be the method whereby a scientific teacher would develop the stores of his own mind to his pupils.

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.

Die Inhaltsangabe kann sich auf eine andere Ausgabe dieses Titels beziehen.