17. Describe, briefly, the loose-leaf ledger. Describe the principal methods of indexing. Name some of the advantages of the loose-leaf ledger.
18. For what classes of accounts is the card ledger specially desirable? What are the principal methods of indexing the card ledger?
19. What is a tabular ledger? Describe the Boston Bank Ledger. Is a tabular ledger well adapted for commercial accounts?
20. What is meant by a balance ledger? What are its advantages?
21. Prepare a form of cash journal segregating administrative, selling, and manufacturing expense for an imaginary business, or one with which you are familiar.
22. Prepare a form of sales journal for a business having five departments.
REVIEW QUESTIONS
ON THE SUBJECT OF
TRUSTEES' ACCOUNTS; STOCK
BROKERS' ACCOUNTS
1. From an accounting standpoint, into what two classes can business be divided? What is the position of the trustee of an estate, as against the public?
2. Describe the essential features of the accounting of an executor.
3. In what two forms may an executor's accounts be kept? By what term are his accounts with properties known?