This study revelaed that the rank of Texas with other state in the United States in the expenditure for schools per pupil is thrty-fifth. It further discussed that there are possible sources of taxation in the properties. However, there is a wide variation that needs to be studied. It further justify that present administrative and legislative trends in searching for new source of taxation makes the problem an important one.

This study aim to determine the bookkeeping systems in use in the retail and wholesale businesses in Denton, Texas, and to determine what improvements could be made in the bookkeeping systems of these businesses.