Mathematics of Accounting

60 days Accounts Receivable Algebraic Formula Amortization Amount of annuity annual annuity due Arithmetical Substitution average basis bond book value Calculate carrying value Cash chart check number column Company compound amount compound discount compound interest Compute cost of sales Debits debt December 31 decimal Deduct depreciation digit Divide dividend earnings effective rate equal equation estimate Example Find expenses Find the interest fractions installment sales inventory investment January July Known assets logarithm mantissa mark-up maturity Mdse merchandise method minuend money is worth monthly months Multiply Net profit number of days number of dollars number of periods operating ordinary annuity paid par value payment present value present worth principal Problems profit and loss profit as given purchase quotient rate of interest ratio redemption bonds Rent salary shares sinking fund slide rule subtract term Total trial bonus turnover Verification