Other Form of Name
Sweetland, Charles A. (Charles Augustus), 1854-
Document Type
Article
Publication Date
1921
Abstract
It will be seen that the accounting for a business as varied as a department store, where the necessity exists for arriving at the profit of each department separately, must be very comprehensive, and, in consideration of the vast amount of detail, it must be as simple and easy to handle as possible. Each department treated as a separate enterprise must be charged with its purchases, with the cost of its operation, its pro rata of expense for advertising, floor-walkers, managers, rent, light, heat, and other general expenses, and credited with its sales, cash, c. o. d., and charge. Thus it will be easy to determine the loss and gain for each department. The bookkeeper must bear in mind that keeping department store books is simply collating and bringing together a number of records kept for distributed lines of business, and the requirements of commercial bookkeeping for one line of business are the same requirements for twenty lines of business under one roof, amplified and fully organized so that they may not become intermingled and thus create error and confusion.
Relational Format
article
Recommended Citation
Sweetland, Charles A., "Department store accounts; Part II: Instruction paper" (1921). Individual and Corporate Publications. 61.
https://egrove.olemiss.edu/acct_corp/61