Accounting Principles, Vol. 9 (Classic Reprint)

Excerpt from Accounting Principles, Vol. 9<br><br>This book is the result of fourteen years experience as a teacher and student of accounting principles. In this study the author has accepted no accounting practice as correct merely because it was the practice and no statement of principle as true merely because it was the printed word, but has insisted on minutely and critically examining these practices and doctrines in the light of fundamental economic facts. That which was arbitrary he sought to put upon either a rational or a historical foundation. That which was plausible but which would not stand detailed critical analysis he has sought to correct in the light of economic fundamentals; For accounting principles and economic principles are not inconsistent when both are understood and correctly formulated.<br><br>About the Publisher<br><br>Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com<br><br>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.