A System of Chapter Bookkeeping (Classic Reprint) - Tapa blanda

Kind, John Louis

 
9781330051283: A System of Chapter Bookkeeping (Classic Reprint)

Sinopsis

Excerpt from A System of Chapter Bookkeeping

The directions and instructions are very explicit and detailed, in fact, so explicit, that the system may seem at first sight to be very complicated. A study of the forms and book of instructions will soon convince the treasurer of the simplicity of the system.

I wish to take this opportunity to thank Brother W. K. Sullivan, Treasurer of Beta Gamma Chapter, for his generous assistance and helpful advice. He has offered me many very valuable suggestions.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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Reseña del editor

Excerpt from A System of Chapter Bookkeeping

The directions and instructions are very explicit and detailed, in fact, so explicit, that the system may seem at first sight to be very complicated. A study of the forms and book of instructions will soon convince the treasurer of the simplicity of the system.

I wish to take this opportunity to thank Brother W. K. Sullivan, Treasurer of Beta Gamma Chapter, for his generous assistance and helpful advice. He has offered me many very valuable suggestions.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Reseña del editor

Excerpt from A System of Chapter Bookkeeping

Altho this system of bookkeeping is especially designed to meet the requirements of chapter accounting, the underlying principles are those of double-entry bookkeeping.

The system divides the finances of the chapter into three funds: the House Fund, the Table Fund, and the General Fund. It is absolutely necessary to distribute resources and liabilities according to these three funds. The maintenance of the house proper is recorded in the House Fund. The Table Fund is concerned with the table only; whereas, the General Fund covers all the special assessments, etc., on which there is presumably no profit or loss.

House Fund. The receipts of this fund are: assessments for room rent, chapter dues, initiation fees, fines for delinquency or other causes, etc. Therefore, the liabilities of the fund are: house rent, heat, light, service, etc., those charges that are necessary for the maintenance of the house, after subtracting the proportionate amount of these charges for the maintenance of the dining room. The initiation fees payable to the National Treasury are also liabilities of the House Fund, since the initiation fees receivable from initiates are placed in this fund. Thus, also, fines for delinquency to the National Treasury are liabilities of this fund, since all fines assessed against the active members by the chapter are resources of the fund.

Table Fund. The resources of this fund are: regular board, extra meals, and other charges against members for food. This fund must, therefore, provide for the purchase of all provisions, fittings, and furniture for the dining room, as well as for repairs. The idea in table management that will be the greatest innovation is the charge against the Table Fund of rent, light, heat, fuel, and service used for the dining room. Unless the receipts of the Table Fund are sufficient to cover all these items, the table is maintained at a financial loss. All profits on board should be placed in the House Fund at the close of each fiscal year. All losses on the table, on the other hand, should be covered by special assessment at the end of each semester.

General Fund. All assessments that are not regular charges for the maintenance of the house or table are placed in this General Fund. These are: all special assessments for rushing, social functions, and outside activities, such as inter-fraternity bowling and baseball leagues, charities, etc. Likewise, the Annual Dues and the Division Dues which are collected by the active chapter treasurer for the National and Division treasurers, belong to this fund. All profits of the General Fund should be closed into the House Fund at the close of each fiscal year.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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