n.1.(Com.) A book in which rough entries of transactions are made, previous to their being carried into the journal.
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in 2014 put TALOS on his annual Wastebook list of government boondoggles, saying experts he had consulted claimed it couldn't be done.
OH Facebook, spacebook, casebook, wastebook - why can't I join you?
That the system was also intended to serve as a record of personal accountability is evident from the following comment: "we may begin the WasteBook, by taking an Inventory of all the real and personal Estate of the Lord, which is committed to the Care of the Steward" (p.
Voke [1926] and Baxter [1946, 1956] were among the first to observe accounting practices in an era characterized by the scarcity of money, barter transactions, and use of a system of books including the wastebook, journals, and ledgers.
The use of the wastebook permitted the proprietor to capture transactions as they occurred.
The wastebook allowed proprietors to capture daily transactions as they occurred and permitted a later, more thoughtful, and deliberate transfer to the journal or ledger [Mair, 1793; Voke, 1926; Previts and Merino,1998].
The wastebook included daily descriptions and notes on donations (both monetary and non-monetary) and use of funds for operations, including food, clothing, supplies, and wages.
The wastebook is referenced in several ledger entries although none have survived.
It is clear from the reports of the Government Accountability Office, Senator Coburn's annual Wastebooks, Citizens Against Government Waste's annual Pig Book, and many other analyses, that when addressing a newly discovered problem, Congress doesn't even check to see if there already is a government program addressing it.
As likewise, A Waste-book, with a compleat Journall, and Leager therunto appertaining; unto the which I have annexed two other Wastebooks for exercise of the Studious: and at the end of each is entred the briefe Contents of the Leagers Accounts, arising from thence.