Bookkeeping for Retail Grocers And Other Tradesmen

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Bookkeeping for Retail Grocers And Other Tradesmen
Mark Webster Jenkinson
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BOOKKEEPING FOR RETAIL GROCERS . (3) Total Allowances to Customers, from Returns Book or Cash Book.
(4) Total Goods Purchased, from Purchase Journal or Goods Bought Book.
(5) Total Allowances by Creditors from Cash Book or Goods Bought Book, if Form 10 be adopted.
(6) Total Expenses, sub-divided according to require- ments from Analysed Cash Book, or, in case of larger trader, from Purchase Journal and Cash Book.
(7) Total Debts due by Customers, from Sales Ledger.
(8) Total Creditors, from Bou
...ght Ledger or Goods Bought Book.
(9) Total Drawings, from Cash Book.
(10) Cash at Bank or in hand, from Cash Book.
Stock should be taken every year, and in some cases it is desirable to keep a Stock Book, all goods bought being shown at both cost and selling prices.
Then if the Purchases, less Returns, calculated at selling prices, be added to the stock at the commencement, also taken at selling price, and the actual sales deducted, the balance should equal the stock on hand valued on the same basis.


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