Abstract
A business may deal in several different products, or may be divided into a number of departments. The information already available may not be adequate to enable the business to discover whether each product or department is contributing its share to the profitability of the business. It may require additional information giving the details of the sales and purchases for each commodity or department. This information can most simply and readily be obtained by using analysis columns in the subsidiary books (day books) where a continuous analysis can be made as the original entries are recorded.
This is a preview of subscription content, log in via an institution.
Preview
Unable to display preview. Download preview PDF.
Copyright information
© 1989 Margaret Nicholson
About this chapter
Cite this chapter
Nicholson, M. (1989). Sales and Purchase Analysed Day Books. In: Accounting Skills. Palgrave, London. https://doi.org/10.1007/978-1-349-10853-4_18
Download citation
DOI: https://doi.org/10.1007/978-1-349-10853-4_18
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-49156-0
Online ISBN: 978-1-349-10853-4
eBook Packages: Palgrave Business & Management CollectionBusiness and Management (R0)