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Bookkeeping   /bˈʊkkˌipɪŋ/   Listen
noun
Bookkeeping  n.  The art of recording pecuniary or business transactions in a regular and systematic manner, so as to show their relation to each other, and the state of the business in which they occur; the art of keeping accounts. The books commonly used are a daybook, cashbook, journal, and ledger. See Daybook, Cashbook, Journal, and Ledger.
Bookkeeping by single entry, the method of keeping books by carrying the record of each transaction to the debit or credit of a single account.
Bookkeeping by double entry, a mode of bookkeeping in which two entries of every transaction are carried to the ledger, one to the Dr., or left hand, side of one account, and the other to the Cr., or right hand, side of a corresponding account, in order that the one entry may check the other; sometimes called, from the place of its origin, the Italian method.






Collaborative International Dictionary of English 0.48








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"Bookkeeping" Quotes from Famous Books



... surveying and drawing plans than it would have been to write sermons," he had said, wishing her to appreciate what he went through for her sake; "and as to Hercules and Theseus, they were nothing to me. They had sport, and never learned to write a bookkeeping hand." And now, Mary being out of the way for a little while, Fred, like any other strong dog who cannot slip his collar, had pulled up the staple of his chain and made a small escape, not of course meaning to go fast or far. There could be no reason why he should not play at billiards, ...
— Middlemarch • George Eliot

... there would be something for the children to do at once, pure air for them to breathe, and space for them to grow healthfully in body, mind, and soul. You know I have but little money laid by, and am not one of those smart men who can push their way. I don't know much besides bookkeeping, and my employers think I am not remarkably quick at that. I can't seem to acquire the lightning speed with which things are done nowadays; and while I try to make up by long hours and honesty, I don't believe I could ever earn much more than I am getting now, and ...
— Driven Back to Eden • E. P. Roe

... does not immediately need. Many individuals and corporations must at times keep very large balances. The times of maximum monetary need of the customers of a bank never exactly coincide and many payments are made among the customers of a single bank, requiring only bookkeeping transfers. A fractional reserve is therefore ordinarily fully adequate, altho with any less than a 100 per cent reserve any bank would be insolvent if all of its demand obligations were presented at the same instant. Such a contingency is made impossible by business custom and public opinion ...
— Modern Economic Problems - Economics Vol. II • Frank Albert Fetter

... little pink and green stamped receipts in exchange. There was no place to put the money, so it was shoved on to the floor behind him. Friday afternoons Miller and his clerks waded through it, knee high. There was no pretense of bookkeeping. Simply in self-defense Miller issued in October a pronunciamento that he could not in justice to his business, consent to receive less than fifty dollars at one time. Theoretically, there was no reason why the thing should not have gone on practically forever, Miller and everybody ...
— True Stories of Crime From the District Attorney's Office • Arthur Train

... later date three such schools, and in these a more diversified curriculum was operated, adding to the three R's, German composition and literature, modern languages, natural science, political science, law, bookkeeping and drawing. For various reasons these schools were not attended by a full measure of success and the city authorities formulated the plan of placing the continuation schools in some of the higher institutions of learning, courses to be operative ...
— The Condition and Tendencies of Technical Education in Germany • Arthur Henry Chamberlain


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