[75] From a paper by Herbert C. Freeman, entitled “Accounting for Receivership,” presented at the annual meeting of the American Institute of Accountants at Washington, D. C., 1917.
[76] Increments in value.
[77] Increments in value.
[78] Represent capital deficiencies at the time of the 1st and 2nd instalments.
[79] Represent capital deficiencies at the time of the 1st and 2nd instalments.
[80] The account title may be written just as given or, better, the parenthetical part may be put on the small half-line space immediately below the title line as that is usually ruled. (See ruling at top of any ledger page.)
[81] The account title may be written just as given or, better, the parenthetical part may be put on the small half-line space immediately below the title line as that is usually ruled. (See ruling at top of any ledger page.)
[82] The account title may be written just as given or, better, the parenthetical part may be put on the small half-line space immediately below the title line as that is usually ruled. (See ruling at top of any ledger page.)
[83] The finished goods were listed at the factory cost but the policy covered the selling price which was based on a profit of 60% on the factory cost, with 10% on sales added for selling expenses.
[84] Most of these problems in Appendix C are C. P. A. problems of various states. The dates have been changed to recent dates.