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Business Hints for Men and Women by Alfred Rochefort Calhoun
page 53 of 204 (25%)

Strike a balance at least once a month.

OTHER RECORDS

Never mix up another's accounts with your own.

John Smith, treasurer of some church, society, or club, is a
different person before the law from John Smith, the trader or
mechanic.

Funds not your own, and which may be added to or decreased from
time to time, as in the case of a society, say like the Odd
Fellows, should be kept in the bank not as John Smith's but as the
funds of "John Smith, Treasurer of Washington Lodge 110,
Independent Order of Odd Fellows," or whatever the name of the
society, club, or church may be.

In the same way, "a treasurer's book" should be kept and all the
receipts and expenditures carefully recorded.

COPIES

If a business proposition is made to another by mail, or if you
hand another in writing your proposition as to a certain contract
you are willing to undertake, for the consideration named, be sure
to keep a copy of the letter or contract; such a precaution may
save trouble.


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