Authors

George O. Knapp

Document Type

Article

Publication Date

1920

Abstract

In presenting this Classification of Ledger Accounts for Creameries it is the aim of the Bureau of Markets to emphasize the importance of the use of a definite and logical classification of accounts for keeping the financial records of any business and to describe in detail a classification which can be used advantageously by creameries. The use of such a classification is not only a great aid to the bookkeeper in the performance of routine duties, but its consistent use also insures a uniform method of presenting the financial information from year to year regardless of changes in the personnel. The use of these uniform methods by an industry as a whole makes possible the exchange of data regarding business operations, which is of untold value as a guide to efficient operation.

Relational Format

article

Series Title

Bulletin (United States. Dept. of Agriculture) no. 865

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