TRUSTEES' AND EXECUTORS' ACCOUNTS _By James B. Griffith_ Page 163 Executors' Accounting—Inventory—Intermediate Account—Final Account—Schedules—Form of Account—Sample Accounts—Accounts with Trust Provisions—Exercise—Realization and Liquidation Account—Statement of Affairs—Resources and Liabilities— Balance Sheet—Affairs of a Bankrupt—Appraiser—Statement of Affairs—Deficiency of Account STOCK BROKERS' ACCOUNTS _By Chas. A. Sweetland_ Page 195 Grain Purchases—Bulls and Bears—Broker's Commission— Securities—Transfers—Clearing House—Ring Settlement— Commodities Handled—Cornering Market—Value of Wire— Settlement of Contracts by Offset—Adjustment of Balances or Settlement—Commission Allowed Brokers—Books and Forms Used— Glossary of Board of Trade Terms BILLING AND ORDER RECORDING _By Geo. C. Russell_ Page 235 European Methods—Machines for Manifolding—Development of Billing Machines—Loose-Leaf Sales Sheets and Invoices— Duplicate Invoices—Condensed Billing—Traffic Department Records—Analysis of Quantities and Amounts—Unit Billing—Back Orders—Split Orders—Loose-Leaf Sheets—Binders—Designing Stationery—Styles of Type—Carbon Papers—Blinds—How to Handle Orders on Billing Machine—Invoices in Blanket Form— Tabulators—Computing Machines in Billing—The Colored Sheet System—Compound Forms—Retail Dry Goods Billing—Devices of the Future REVIEW QUESTIONS Page 303 INDEX Page 319 Footnote 1: For professional standing of authors, see list of Authors and Collaborators at front of volume. Footnote 2: For page numbers, see foot of pages. [Illustration: OFFICE, FARWELL, OZMUN, KIRK & CO. (WHOLESALE HARDWARE), ST. PAUL, MINN. ] WHOLESALE, COMMISSION, AND STORAGE ACCOUNTS WHOLESALE BUSINESS In this section complete methods of bookkeeping as practiced in wholesale houses are demonstrated. Numerous modern methods that are readily adaptable to other lines of business are illustrated and explained in detail. DIVIDING THE LEDGER =1.= There are many advantages in dividing the ledger into sections. The subdivisions most commonly used are purchase ledger, sales ledger, and general ledger. Such divisions greatly facilitate posting and reduce the chances of error. While it is advisable in most cases to use a separate book for each division, the three ledgers may be combined in one book by setting aside a section for each. This practice is not recommended except where the number of accounts is small, when general and purchase ledgers or purchase and sales ledgers may be combined. The division of the ledger into three sections does not necessitate radical changes, either in form or method of handling, in the other books.