Publisher's Synopsis
Excerpt from Encyclopaedia of Accounting, Vol. 7
As the book debts are incapable of absolute verification, they are seldom included among the assets taken over on an amalgamation, unless a guarantee by the vendors to make good any shortage on the certified list be also taken. A common alternative is for the purchasing company to collect all debts due to the several vendors, and to pay over the amounts to these parties under deduction of a percentage as commission for collection.
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.
