Self-proving Business Arithmetic |
From inside the book
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Page vi
... audit strip , long used in actual business , will hereafter find its regular place in business arithmetics , where it ought to be . But this one idea by no means exhausts the count of the advantages of this remarkable book . There are ...
... audit strip , long used in actual business , will hereafter find its regular place in business arithmetics , where it ought to be . But this one idea by no means exhausts the count of the advantages of this remarkable book . There are ...
Page 53
... AUDIT STRIP SHEET_L Dese 1922 Dec 31/922 CALLED BY WEN . PRICED . BY HER EXTENDED BY ENTERED BY- дек EXTENDED BY STOCK NUMBER DESCRIPTION AMOUNTS FORWARDED QUANTITY PRICE PER EXTENSION EXTENSION 42A 543 36 " Unbleached Muslin 72 yds ...
... AUDIT STRIP SHEET_L Dese 1922 Dec 31/922 CALLED BY WEN . PRICED . BY HER EXTENDED BY ENTERED BY- дек EXTENDED BY STOCK NUMBER DESCRIPTION AMOUNTS FORWARDED QUANTITY PRICE PER EXTENSION EXTENSION 42A 543 36 " Unbleached Muslin 72 yds ...
Page 54
... audit strip , and add downward . Make extensions men- tally if possible . Tear off the audit strip and do not refer to it until you have completed the next step . Second , again make the extensions on the inventory sheet , and add ...
... audit strip , and add downward . Make extensions men- tally if possible . Tear off the audit strip and do not refer to it until you have completed the next step . Second , again make the extensions on the inventory sheet , and add ...
Page 75
... AUDIT STRIP TO BE DETACHED ORDER NOL EXTENDED BY NUMBER OF SIZE PIECES DESCRIPTION PRICE AMOUNT EXTENSION 1 " x6 " -18 Yellowtine , Clear 110 99 99 ހ 11'x3 ' - 16 1 " x8 " - 14 " " #Common -50- 20 20 " Clear 110 103 In actual practice ...
... AUDIT STRIP TO BE DETACHED ORDER NOL EXTENDED BY NUMBER OF SIZE PIECES DESCRIPTION PRICE AMOUNT EXTENSION 1 " x6 " -18 Yellowtine , Clear 110 99 99 ހ 11'x3 ' - 16 1 " x8 " - 14 " " #Common -50- 20 20 " Clear 110 103 In actual practice ...
Page 76
... remove the audit strip and , using the cancella- tion method , again make the extensions , writing the results on the bill , and add upward . Third , compare the results on the bill with the results on the audit strip and , if ...
... remove the audit strip and , using the cancella- tion method , again make the extensions , writing the results on the bill , and add upward . Third , compare the results on the bill with the results on the audit strip and , if ...
Common terms and phrases
60 days aliquot amount due amount of $1 annual audit strip bank discount board foot bond broker cancellation cent charges clerk column common fraction compound amount compound interest compute cost deducted district divide dividends exact divisor exact interest EXERCISE expense EXPLANATION find the amount find the interest Find the premium find the total fluid dram fluid ounce gross profit Hence highest common factor improper fractions Interest Period inventory July July 15 LESSON list price Lots mark-up marked price metal roof mixed numbers months net income normal tax number of days paid payment Personal Property preferred stock PRINCIPAL RATE DAYS PROBLEM PRINCIPAL RATE promissory notes purchases RATE DAYS INTEREST Rosedale ruled form salary selling price semiannually shingle roof sold SOLUTION Solve and prove subtract Total days York Stock Exchange
Popular passages
Page 241 - The United States, any state, territory, or any political subdivision thereof, or the District of Columbia, for exclusively public purposes.
Page 236 - ... shall be placed on an annual basis by multiplying the amount thereof by twelve and dividing by the number of months included in the period for which the separate return is made. The tax shall be such part of the tax computed on such annual basis as the number of months in such period is of twelve months.
Page 241 - ... to an amount which in all the above cases combined does not exceed 15 per centum of the taxpayer's net income as computed without the benefit of this subsection.
Page 236 - That there shall be levied, assessed, collected and paid annually upon the entire net income arising or accruing from all sources in the preceding calendar year to every citizen of the United States, whether residing at home or abroad, and to every person residing in the United States, though not a citizen thereof...
Page 239 - ... traveling expenses (including the entire amount expended for meals and lodging) while away from home in the pursuit of a trade or business...
Page 239 - If any tax remains unpaid after the date when it is due, and for ten days after notice and demand by the collector, then, except in the case of estates of insane, deceased, or insolvent persons, there shall be added as part of the tax the sum of 5 per centum on the amount due but unpaid, plus interest at the rate of 1 per centum per month upon such amount from the time it became due: Provided.
Page 240 - A reasonable allowance for the exhaustion, wear and tear of property used in the trade or business, including a reasonable allowance for obsolescence.
Page 62 - CUBIC MEASURE 1728 cubic inches (cu. in.) = 1 cubic foot (cu. ft.) 27 cubic feet = 1 cubic yard (cu. yd.) 128 cubic feet = 1 cord (cd...
Page 241 - ... for religious, charitable, scientific, or educational purposes, or for the prevention of cruelty to children or animals, no part of the net earnings of which inures to the benefit of any private stockholder or individual, or to the special fund for vocational rehabilitation authorized by section 7 of the Vocational Rehabilitation Act...
Page 236 - taxable year" means the calendar year, or the fiscal year ending during such calendar year, upon the basis of which the net income is computed under section 212 or 232. The term "fiscal year" means an accounting period of twelve months ending on the last day of any month other than December. The term "taxable year...