Resources, definition of, 33 Retail business, 119 balance sheet, 139 books used, 119 closing the books, 138 exercise, 141 inventory, 137 opening the books, 119 proprietor's account, 120 sample transactions, 123-127 statements, 120 Retail coal books, 142 sample transaction, 144 uncollectible accounts, 143 Revenue, definition of, 33 Revenue accounts, 80 Revenue receipts, 80 Revoke, definition of, 33 Royalty, definition of, 33 S Sale of stock below par, 205 Sales, 72 Sales books, 45 Sales tickets, 147 Sample ledger accounts, 91 Sample transactions, 72, 83, 101, 149 Schedule, definition of, 33 Secret partners, 164 Sight draft, definition of, 33 Signature card, 56 Silent partners, 164 Single entry, 39 Single proprietorship accounts, 119-163 Sinking funds, 237 Solvent, definition of, 33 Statement, definition of, 33 Stock certificate book, 206 Stock dividends, 204 declaring, 224 Stock ledger, 207 Stock register, 208 Stock subscriptions, 201 Stock transfer book, 206 Stockholders, 197 definition of, 33 meetings of, 205 rights of, 203 Storage, definition of, 33 Surety, definition of, 33 Syndicate, definition of, 33 Surplus subdivided, 223 T Tare, definition, 33 Tariff, definition of, 33 Terms, definition of, 33 Theory of accounts, 11-116 Three-column journal, 82 Tickler, definition of, 34 Time draft, definition of, 34 Trade discount, definition of, 34 Trade mark, definition of, 34 Trading account, 97 Transactions, 46 ledger index, 47 posting, 46 sample, 47, 59, 72, 83, 101, 149 Treasury stock, 200 Trial balance, 90 Turnover, 98 U Ultimo, definition of, 34 Unit system of voucher account, 298 V Valid, definition of, 34 Value received, definition of, 34 Void, definition of, 35 Voucher checks, 279 Voucher file, 293 Voucher register, 284 Voucher system of accounting, 273-303 auditing of invoices, 290 combined purchase ledger and invoice file, 301 demonstration of, 293 executing and registering vouchers, 290 filing audited vouchers, 290 filing paid vouchers, 291 indexing vouchers, 292 operation of, 289 paying vouchers, 291 unit system of, 298 voucher file, 293 Vouchers definition, 35, 273 filing, 290 forms of, 277 indexing, 292 paying, 291 use of, 274 W Warehouse, definition of, 35 Warehouse receipt, definition of, 35 Warranty, definition of, 35 Watered stock, 201 Way bill, definition of, 35 Wholesale, definition of, 35 Working capital, definition of, 35 TRANSCRIBER'S NOTE -Obvious print and punctuation errors were corrected. End of the Project Gutenberg EBook of Cyclopedia of Commerce, Accountancy, Business Administration, v. 4, by Various