Accounting System and Office-Management Procedure for Medium-Size Metal Mines Page: III
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CONTENTS
Page
Introduction 1---------------------------------------------------
Acknowledgments - 2-----------------
Necessity for adequate accounting 2
Outline of system 4 ---------
Development _- 4
Mine bank account_ _-- 6
Proceeds of ore sales _ __ 6
Plan of operation -- _--- 7
Handling pay checks ----- - 7
Supply department__ 8
Underground supply stations _ -_-14
Unusual repairs and replacements_ __17
Cash discounts deducted from purchase invoice_ ------------------- 17
Suggested procedure under centralized home-office control plan .. 17
Sale of supplies-_ _20
Credit for supplies returned to warehouse_ _--_______21
Warehouse operating expenses_ -- _ 21
Suggested routine in obtaining supplies from warehouse _- -- __22
Pay rolls and timekeeping system_ -22
Application blanks -------------------22
Timekeeping system -23
Distribution of labor_ 27
Pay-roll sheets _ --- 33
Pay checks_ ---------34
Delivery of pay checks 34
Change in salary rate_ -35
Discharge checks_ - 35
Journal entry covering pay checks ------------------------------36
Pay-roll income-tax data_ _-36
Pay-roll methods for larger companies_ ---------------------------36
Reserves for replacements ___40
Depletion of cost of mining property --------------------------------42
Appreciation of mine property_ __--_________ 43
Depletion of mine apprediation (discovery values) ___43
Operating and repair charges_ 44
Articles manufactured by shops and foundries ------------------------ 45
Graphic charts_ __45
Numbering systems 48
Printed accounting forms_ _48
Long-distance telephone calls - 49
Fire-insurance record ----_ 49
Maps and photographs ------49
Locker keys, brass checks, etc -_50
Dispatching mail_ _-50
Assay reports_ _--52
Accident reports_ --------------53
Daily reports__ --------------------------------------------------53
Annual report for company stockholders_ -----------------------------55
Accounting books ---55
Books used in home office --- ----------------- 55
Books used in mine office - - -------- 61
Classification of accounts ------_ 65
Home-office ledger accounts ----65
Asset accounts _-65
Liability accounts_ ------------- 69
Capital stock and surplus accounts_ 70
Income accounts_ - -71
Expense accounts ---------- ---------------------------- 72
III
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Keller, Albert E. Accounting System and Office-Management Procedure for Medium-Size Metal Mines, report, 1934; Washington D.C.. (https://digital.library.unt.edu/ark:/67531/metadc12541/m1/3/: accessed April 23, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.