Abstract:
As the title indicates, this book teaches how to keep monthly Income and Cash Disbursement Journals to arrive at annual, and weekly account averages so that a budget can be developed, and weekly amounts can be deposited in the bank check book from available income. It teaches how to balance the checkbook voucher, and goes on to develop a work sheet, with a Beginning Balance sheet, Cash Transaction to determine a profit or (Loss), to make Debit and Credit Adjustments for an Ending Balance Sheet, showing Assets, Liabilities , and Owner’s Equity or Net Worth, for personal or business.