Essentials of book Keeping for Public Schools Single And Double Entry Includi

Cover Essentials of book Keeping for Public Schools Single And Double Entry Includi
Essentials of book Keeping for Public Schools Single And Double Entry Includi
C W Charles W Childs
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Steele, $7 charged on ^.
Jan. 16. Repaired garden tools for Amy Davis, $2. 20 charged on ^. Paid cash for old iron, $1. 75.
Jan. 17. Sold our shop and tools to F. M. May, for $750, received cash, $350 and note at 60 days for balance. Make out a Statement showing Gain or Loss, and Net Capital at closing.
MODEL SET IIL In the following set, we have presented a method of keeping accounts, which is used by several large provision merchant* in this State. The Day Book, in this set, is a combination
...of Day Book, Order Book, and Sales Book; some small invoices, also, are entered in it. As in the Day Book models of the preceding sets, To and By have been omitted in the entries, because the terms Dr. And Or. , written directly after the party's name, are sufBciently explicit.
\ The Ledger of this set, as shown on pp. 72 and 73, has wider pages, which permit us to carry the different items of each Day Book entry on account, in full to the Ledger, where the total cost of each item is placed, in smaller figures, above each of the different items.


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