The HOUSE OF FRASER Archive

Record: f6-0704-7

Financial accounting - Fraser Estates Ltd

Dates: 1937-1957
Description: Financial accounting is the activity of processing, recording, classifying and analysing information on financial transactions between the company and third parties, and between the company and its employees.

Biographical history
Fraser Estates Ltd operated a double entry bookkeeping system. Daily transactions were recorded in a journal. From the journal, entries were posted to a private ledger. Folio numbers for the corresponding entry in the ledger were recorded beside each entry in the journal. Conversely, folio numbers for the corresponding entry in the journal were recorded beside each entry in the private ledger. The journal includes greater detail about individual transactions. The accounts in the private ledger were indexed. Fraser Estates Ltd managed the property of Fraser Sons & Co Ltd and subsequently, from 1947, the property of House of Fraser Ltd. Entries concerning Fraser Estates Ltd may therefore be found among the accounts of these two companies as well as their subsidiaries.

Companies and People:
Fraser Estates Ltd
Dates: 1937-1957
FRAS 56
Title: Private ledger
Date: 1937-1948
FRAS 57
Title: Journal
Date: 1938-1948
f6-0704
Financial management (1937-1957)

Financial accounting was ana ctivity carried out to fulfil the function of financial management.

f6-1371-7
Financial accounting, House of Fraser Ltd (19-1957)

Back to top

Tags

No tags applied to this record yet.