Volume 121

Scope and Contents This ledger employs double-entry accounting with debits and credits appearing on the same page in two columns. There is an index at the front of the volume that is organized alphabetically by subject matter, including funds, board and tuition, stationery, and vaious one-time and recurring expenses. Most accounts occupy several consecutive pages in the volume. A number of the funds in the volume appear to be endowments which were invested in mortgages and bonds under the management and...