Corporations management of powers of corporations, 203 powers of directors and officers, 202 stockholders' rights, 203 stock certificate, 199 stockholders, 197 stock issued for promotion, 221 stock subscriptions, 201 Counterfeit, definition of, 22 Coupon, definition of, 22 Coupon bond, definition of, 22 Credentials, definition of, 22 Credit, rules for, 38 Creditor, definition of, 22 Cumulative preferred stock, definition of, 200 Currency, definition of, 22 D Day book, 43 Debenture, definition of, 22 Debit definition of, 22 rules for, 38 Deed, definition of, 22 Defalcation, definition of, 22 Deferred bonds, definition of, 23 Delivery receipt definition of, 23 Demand note, definition of, 23 Departmental records, 148 Deposit, definition of, 24 Depositing cash, 57 Depreciation, definition of, 24 Discount, definition of, 24 Discount and exchange, 56 Discounts allowed, 94 Dishonor, definition of, 24 Dividend, 203 definition of, 24 Dividend book, 208 Dormant partners, 165 Double entry, 39 advantages of, 40 books used in, 43 principle of, 40 Doubtful, definition of, 25 Draft definition of, 24 journalizing, 113 Drawer, definition of, 25 Drayage, definition of, 25 Due bill, definition of, 25 Dunning, definition of, 25 Duplicate, definition of, 25 Duty, definition of, 25 E Earnest, definition of, 25 Embezzlement, definition of, 25 Exchange, definition of, 25 Expense account, 80 heat and light, 81 insurance, 81 interest, 81 labor, 82 out freight and express, 81 rent, 81 salaries, 82 taxes, 81 Exports, definition of, 25 Extend, definition of, 25 F Face value, definition of, 25 Facsimile, definition of, 25 Fictitious assets, example of, 78 advertising, 78 Financial statement, definition of, 25 Fiscal, definition of, 25 Fixed assets definition of, 25 examples of, 77 furniture and fixtures, 77 horses and wagons, 77 real estate, 77 Fixed charges, definition of, 26 Fixtures, definition of, 26 Floating assets, examples of, 78 accounts, 78 cash, 78 merchandise, 78 notes or bills receivable, 78 Folio, definition of, 26 Footing, definition of, 26