Gem City Business College - Yearbook (Quincy, IL)

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22 GEM CITY BUSINESS COLLEGE, QUINCY, ILLINOIS BUSINESS AND ACCOUNTING COURSES-Continued Manufacturing Department. Personnel Administration. Business Forecasting. . Budgeting for Business Controlg Graphic Charts. Controlling Waste in Business. U u Salesmanship, Sales Promotion, and Advertising. COMMERCIAL LAW Law of Contracts-Formation, elements, operation, discharge and interpretation. Evidence, its pre- sentation and requirements. How to draw up contracts. Agency-Law governing relationship existing between agent and principal, with a direct application to modern business practice. Workmen's Compensation Act. ' Partnerships-Formation, Articles of co-partnership, partnership rights and liabilities. Dissolution and final accounting. Corporations-Organization. Special rights and powers. Place in modern business. Advantage over other types of business organization. Negotiable Instruments-Credit and such .instruments of credit as checks, notes, drafts, trade ac- ceptances, letters of credit, etc. Thorough discussion of use of above In business and the law governing such usage as described by Negotiable Instruments Act. Guaranty and Surety-General and special applications. Sales-Elements and the Uniform Sales Act. Conditional sales, including a thorough discussion of installment selling. . Bailments-General Law of Bailments. Special laws as they apply to common carriers, innkeepers, etc. Insurance-Fire, Life and liability. - Real Property-Laws governing deeds, mortgages, leaseholds, estates, etc. BUSINESS PENMAN SHIP I Plain rapid business writing is taught. Emphasis is placed on letter forms, proportion, slant, uniformity and neatness. Q SPELLING ' Word drill, definition of words, with their pronunciations, and word structure development. BUSINESS ENGLISH and LETTER WRITING Punctuation, sales letters and business letters. A special study. of business correspondence, including accepted letter mechanics, correct paragraph structure, effective diction, synonyms, antonyms, etc. CIVIL SERVICE I The work in the Business department prepares a student for both the state and the United States Civil Service examinations for bookkeepers :and clerks. . , BUSINESS DIPLOMA . Upon the satisfactory completion of the various subjects outlined above the student will be granted a diploma from the Business department. Those students completing this course with an average grade of at least 90 per cent or above will receive an H d 1 ' Those Students Com letin they b onor ip oma granting the degree, Bachelor of Accounts. , , p g t a ove course with an d s a High Honor diploma granting the degree, Master ofuxzgggieinisil e of 95 per Cent or more will recewe BANKING DIPLOMA I i . Those students satisfactorily completing the course of Banki y ng will be granted a Banking certificate. BUSINESS COURSE WITH TYPIN G A F ull business course as listed above. In connection with the business course, the student is given typing instruction, first one period a day andulater two periods until the k - l d ' f h k b d d the typing speed is sufficient to meet requirements of a bookkeepefgtypgzvgssifig. t e ey Oar an g1 gi i . 1 M A I S? 1 I IQ nd 5 ,prim n gd Id' wh rm! E C11 wi mgwlmw LNTKUU mr! dm :IM LYIIIIUI Im! mmf ADYIWIII Aim 2 M Sdn! SPEJLM Ilia mba 2:5 Blmm W T-fr 'lu

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'N iw I 'Wh S mizi 'I nn-1:1 nba 913533157 within rwtzzmmir Piffldlf Ilili nf uni nc pm!! 5 P ,A 401' .r..3z7'3r2 .yung M' 1-4 Nm? if aah .ras Y :HMM 1 . L, ,Q-iff' in 'E A I 954951 V.,,f.I4 za, we V, Ma ff' V , 1: 7' Q PEM CITY BUSINESS COLLEGE, QUINCY, ILLINOIS 21 BUSINESS AND ACCOUNTING COURSES-Continued SECTION c. Set Twelve-Introducing imprest funds-fpetty cash, refund cash and cash register funds. 'Corporation practice set work, recording entries in' a journal, columnar cash books, petty cash books, general ledger Emil an expense ledger with controlling account. Trial balance, closing books and post-closing trial a ance. . Set Thirteen-An outline of cost accounting, pay roll fund, recording transactions with installment buying and selling with finance corporations. Social Security, Old Age Assistance, Unemployment Com- pensation. Because of the regulations governing the administration and accounting in connection with this new legislation, it has become necessary to build up accounting procedure in conformity with the requirements of the government. This set gives an explanation of the various laws and the method of computing charges and taxes so that the student will understand the various principles involved. Set Fourteen-Manufacturing set. Introducing the Voucher System. Practice set involves recording entries in the voucher register, voucher journal, columnar cash receipts, cash disbursements, columnar sales and sales returns journals with cost of sales columns. Three expense ledgers-manufacturing, selling and administrative with controlling accounts in the general ledger. A corporation set-entries pertain to a manufacturing business. A complete business cycle with adequate work in the writing up and closing of accounts peculiar to a manufacturing business. Working sheet, balance sheet, profit and loss statement, and supporting schedules, cost of goods manufactured and sold statement. Final Examination end of Section 3. The three grades made in sections A, B and C are averaged for the final bookkeeping grade. A OPTIONAL : Set Fifteen-Banking setg includes the following books 3 'tellers' cash register, certified check register security register, discount register, collection -register, savings journal, savings ledger, dividend list, de- positors' ledger, day book, expense book, daily statement, correspondent and country bank registers. ACTUAL BUSINESS 'DEPARTMENT-A student must pass the Section A requirements before being admitted to this department. Class A-Retail merchandise business. Each student starts as a retail merchant and during this class takes in a partner. Class B-The partnership is changed into a corporation. New books and different forms are introduced as well as new transactions. ' Auditing-Each student is required to audit under supervision, some other student's books at the completion of his work in the Actual Business department. I I Recently this course has been handled as class work. BUSINESS ARITHMETIC Class A-Rapid calculation: fundamental operations, common fractions and billing, decimal fractions and percentage, practical measurements, short cuts in interest, trade and cash discounts. Transportation+Mail, Parcel Post, Freight. Social Security-Old Age benefits, Unemployment Compensation, and methods of computing taxes to support these plans. A Class B-Bank discount, Insurance-life, automobile, stocks and bonds, profit and loss including turnover, mark-up in retailing, wholesaling and manufacturing, partial payments, installment buying, consignment sales, distribution of overhead, and partnership profits, governmental budgets, pay roll, and cash make-up, and individual federal income tax. q BUSINESS ORGANIZATION AND ADMINISTRATION Starting a New Enterprise. Types of Ownership. . Methods of Financing an Enterprise. Organizing an Enterprise. Managing an Enterprise. Office Management. Finance Department. Purchasing Department. U Store-keeping, Receiving, Shipping and Traffic Department. Sales Department.

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I GEM CITY BUSINESS COLLEGE, QUINCY, ILLINOIS ZS STENOGRAPHIC DEPARTMENT SHORTHAND-New classes start each Tuesday. I INTRODUCTORY SHORTHAND DEPARTMENT. I Gregg Manual, Theory-Average time, fourteen Weeks. The work covers the supplementary Words and phrases, theory of shorthand, shorthand penmanship, and a thorough preparation for dictation. INTRODUCTORY DICTATION-iSeventy and Eighty Word classes. Average time, six to eight weeks.. Dictation and transcription, business forms, specialized spelling, fundamentals of filing, telephoning, fundamentals of office practice, dictaphone, postal rates and parcel post. ADVANCED DEPARTMENT. ' Advanced Dictation-Ninety, One Hundred, and Speed classes. Average time, ten to twelve Weeks. - Office Practice-Advanced Bling, addressographing, adding machine, mimeographing, check Writing, telegrams. rapid dictation from solid matter, technical dictation, legal dictation, court reporting, circulars, bulletins, mailing, and office procedure. Civil Service-Preparation for state and federal examinations in billing, filing, junior andsenior stenographer, junior and senior typist, clerical and secretarial classifications. 'vn- TYPEWRITING INTRODUCTORY. A Average time, ten weeks. The Work covers the textbook course, development of a high standard of accuracy, training in all phases of business forms, letter placement instruction, the typing of specifications, and care of the machine. U INTERMEDIATE. Average time, four Weeks. Exercises supplementing textbook-billing, tabulation, letter forms, accuracy drills, special legal typing practice, and rough drafts. Speed Work. E ADVANCED. . Average time, sixteen to twenty Weeks. Transcribing letters and solid matter. Mimeographing, manifolding, billing, tabulation, transcribing rough drafts, form letters-civil service matter. Speed Work, dictation direct to the machine. SPELLING ' ' ' Word drill, definition of Words with their pronunciations, and Word structure development. Special emphasis on Words most frequently misspelled. BUSINESS ENGLISH and LETTER WRITING E Business English, grammatical construction. Punctuation, sentence structure, sales letters, business letters of all kinds, including the various forms in common usage. SECRETARIAL COURSE BUSINESS COURSE Boo kkeeping-Section A, which includes nine sets of the bookkeeping text. Actual Business Department. f Rapid Calculation, Class A of the Arithmetic. - 'Penmanship-Daily drills and intensive practice. ' ' 'li 'L STENOGRAPHIC COURSE-The entire course as outlined under head of Stenographic Course. COMBINATION COURSE BUSINESS COURSE-The entire course as outlined under head of Business Course. STENOGRAPHIC COURSE-The entire course as outlined under head of Stenographic Course. This course includes all of the subjects. offered in the Business and the Stenographic Courses. 3 1' 3 .