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Railroad Corporate Accounting During Federal Control (Classic Reprint)

Railroad Corporate Accounting During Federal Control (Classic Reprint)

          
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About the Book

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 lodgers.

Today I have in my corporate accounting office for the Rock Island, 34 clerks; they are all kept busy and many of them are working overtime. By actual count we record just as many journal vouchers on our books as prior to Federal control. Up to this time I have not personally made any entries on the books and it looks as if I would not be able to do so during Federal control; in fact, I give you my word that I have never worked harder in my life than during the last year, and I may add, I have never had less to show for hard work.

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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Product Details
  • ISBN-13: 9780243096039
  • Publisher: Forgotten Books
  • Publisher Imprint: Forgotten Books
  • Height: 225 mm
  • No of Pages: 30
  • Series Title: English
  • Weight: 54 gr
  • ISBN-10: 0243096038
  • Publisher Date: 09 Jan 2019
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Spine Width: 2 mm
  • Width: 150 mm


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