The Logic Of Accounts

""The Logic of Accounts"" is a comprehensive guide to the theory and practice of double-entry bookkeeping, written by E.G. Folsom and first published in 1873. Folsom's approach is based on the concept of value, which he argues is the foundation of all accounting principles. The book covers a wide range of topics, including the nature of accounts, the rules of debit and credit, the use of journals and ledgers, and the preparation of financial statements. Folsom also discusses the importance of accuracy and consistency in accounting, and provides numerous examples and exercises to help readers develop their skills.One of the key strengths of ""The Logic of Accounts"" is its clear and concise writing style, which makes complex concepts easy to understand. Folsom's approach is also highly practical, with a focus on real-world applications and the needs of businesses of all sizes. Overall, ""The Logic of Accounts"" is an essential resource for anyone seeking a comprehensive understanding of double-entry bookkeeping and its role in modern accounting practices.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.