Organization and Operation of Barter Associations in California (Classic Reprint) PDF Download

Author: E. W. Braun
Publisher: Forgotten Books
ISBN: 9780365590026
Category : Business & Economics
Languages : en
Pages : 24

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Book Description
Excerpt from Organization and Operation of Barter Associations in California Two methods appear to be common in evaluating commoditi for exchange; money prices and what may be termed a point sy corded by a book entry method similar to that employed in con! Bank accounts using credit and withdrawal entries. Services c entered as credits and services and goods received are conside The basis of entry may be the open market price even though mc second method of evaluation that is commonly used is a point method, entries for labor are based upon a designated number Commodities are evaluated insofar as possible in terms of labc cord of wood may be evaluated as being equivalent in points tc if one hour is rated at 100 points, a regular 8 hour day woulc peints. If a standard cord of wood was considered as equivale then a standard cord of wood would be evaluated at 800 points. Needs to be added for transportation and other overhead. In 1 brings an article to the trading post, it can be appraised in and a credit entry made in the passbook. When a member receix through the association a debit is entered in the member's boc kept in the central office corresponding to all of the credits in the passbooks. Periodic balances need to be drawn just as Losses occurring because of waste or in other ways should be 1 all of the members from time to time. 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.