id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
46545	American School of Correspondence	Cyclopedia of Commerce, Accountancy, Business Administration, v. 04 (of 10)			.txt	text/plain	65964	6150	74	of Double Entry --Classes of Account Books--Recording Balance--Sample Ledger Accounts--Treatment of Cash Discounts --Profit and Loss--Merchandise Inventory Accounts--Balance Sheet and Officers--Dividends--Closing Transfer Books--Sale of Stock he pays us money, we credit his account, and debit cash. book are credited to the sales account, completing the double entry. license fees paid on account of property owned or business transacted. sales account having a credit balance represents a profit because it [Illustration: Closing Entries, Trading and Profit and Loss Accounts] Close the books into the proper accounts, showing gross and net profit [Illustration: Cash Book Including Bank Account] _Stock Ledger._ This is the book in which an account is kept with each On the books of a corporation an account called capital stock When this stock is paid for, the entry in the cash book on the debit Make all necessary entries in general books, showing ledger accounts	./cache/46545.txt	./txt/46545.txt