1794 Middletown, Delaware--From accounting records

The economic life, customs and importance of 1794 Middletown, Delaware are interpreted from the accounting ledgers of a general store and a blacksmith shop

Barter: Development of accounting practice and theory

John Mair, in 1752, stated, Barter, or the exchange of goods for goods, is nothing else but buying and selling blended together. This statement, for all its seeming simplicity, is an excellent expression of the confusion which has accompanied the practice and theory of recording this most basic commercial transaction. Can one accounting transaction be both a sale and a purchase at one and the same time and for the same accounting entity

Grammateus reappears in 1911

There seems to have been little change in financial statements from Grammateus to 1911. This article contains a 1911 practice set which was used to teach transaction accounting as well as trial balance and statement preparation along the lines described in the previous article

Managerial accounting on the U.S. 1758 frontier

Although much of Colonel Henry Bouquet\u27s work dealt with military strategy an even greater portion concerned the construction of the roads and posts and the victualling of the troops under his command. In meeting these demands Bouquet displayed a knowledge of accounting and internal control. His use of management accounting is well demonstrated by the cost studies which he had prepared

Who was who in accounting in 1909?

A list of the forty-six accountants who were authors or consultants for the seven volume encyclopedia -- Accountancy and Business Management published by the American Technical Society in 190

John Caldwell Colt: A notorious accountant

John C. Colt was the author of a successful bookkeeping text which had many school adoptions and at least 46 editions. During an argument with Samuel Adams, his publisher, over the cost of his 5th edition, Colt killed Adams with a hatchet. Convicted of murder and condemned to execution by hanging, Colt committed suicide in prison in 1842. His text, The Science of Double Entry Bookkeeping, first published in 1838, continued in print until 1856

Industrial Cost Accounting Developments in Britain to 1830: A Review Article

Haydn Jones's Accounting, Costing and Cost Estimation (1985) uses the surviving records of numerous Welsh companies, engaged principally in metal manufacture between 1700 and 1830, to demonstrate the use made by managers of accounting data, as the basis for planning, decision making and control. This article relates the results of Jones's research to existing views regarding the development of industrial cost accounting, particularly because his findings call into question ‘single variable’ explanations for the development of management accounting, such as the level of industrialisation, the relative impact of fixed and variable costs, and the organisational structure of business activity. Jones's findings also require a reappraisal of established ideas concerning the relative sophistication of financial and management accounting procedures in use in earlier times, and our perception of the contributions of accountants and their techniques to business developments