Cyclopedia of Commerce, Accountancy, Business Administration, v. 04

Volume 4 of the Cyclopedia of Commerce, Accountancy, Business Administration is a general reference work credited to American School of Correspondence. The front matter lists accounting, auditing, bookkeeping, commercial law, business management, administrative and industrial organization, and banking among its subjects. The front matter says the work is illustrated with over two thousand engravings and runs to ten volumes.

The text on the stock ledger describes it as the book in which an account is kept with each stockholder showing the number of shares held by him. A list of terms defines an administrator as one appointed by the court to settle an estate and an affidavit as a statement or declaration made under oath, before an authorized official. A set of numbered problems asks the reader to make all entries to record a cash dividend of 7% and a stock dividend of 25% declared by the directors on the general books of the corporation.