Railroad Corporate Accounting During Federal Control (Classic Reprint)

Railroad Corporate Accounting During Federal Control (Classic Reprint)

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Excerpt from Railroad Corporate Accounting During Federal Control
You will appreciate that the contract is in large part an accounting matter. It lays down the general basis and principles of the relation with the Government, but the details for carrying it out will devolve largely upon the Accounting Officers.
I imagine very few corporate accounting officers at first had any grasp upon the conditions and situations which confronted them. I confess to you that when I was appointed corporate accounting officer, or rather, retained in that position, because no change was made in my title and no change in my duties, except the separation of accounts relieved me from the detail of the operating accounts - I said to my assistant, something like the following: Joe, I believe you and I can handle the corporate accounts for the Rock Island; there will not be very many journal vouchers, and we may have to get a clerk or two to work on the subsidiary accounts and check the lap-overs, but you and I can do the general work without any difficulty at all; in fact, I rather welcome the idea of getting a chance to make some entries on the books again; it has been so many years since I' actually took my pen in hand to make entries on ledgers.
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Product details

  • Paperback | 30 pages
  • 152 x 229 x 2mm | 54g
  • Forgotten Books
  • United States
  • English
  • , black & white illustrations
  • 0243096038
  • 9780243096039