Laboratory Manual Elements of Accounting
Laboratory Manual Elements of Accounting
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In our eReader you can find the full English version of the book. Read Laboratory Manual Elements of Accounting Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Laboratory Manual Elements of Accounting
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To quickly assess the difficulty of the text, read a short excerpt:
(b) What per cent of the total investment is the net loss?
(c) What two things diminish the proprietor's present worth?
PROBLEM 46 Meyer and Smith began a partnership business on January 1, 1919. At the time of closing the books on December 31, 1919, an examination of the capital accounts revealed the following facts : January 1— Meyer paid in $10, 000. 00 January 1 — Smith paid in 7, 500. 00 May 1 — Meyer drew out 1, 600. 00 June 1— Smith drew out 1, 000. 00 July 1— Smith paid in 6, 000. 00 Ju...ly 1— Meyer drew out 3, 000. 00 October 1— Smith drew out 3, 000. 00 November 1— Smith drew out 2, 300. 00 December 1— Smith paid in 5, 000. 00 December 1 — Meyer paid in 4, 000. 00 December 31 — Meyer drew out 5, 000. 00 The sales for the period were $7, 260. The purchases were $6, 180, and the inventory on December 31 was $4, 280. The cash on hand was $3, 650. Customers owed the firm $6, 800 on account. Notes receivable amounted to $4, 694. The accounts payable showed a balance of $3, 688.
What to read after Laboratory Manual Elements of Accounting?
You can find similar books in the "Read Also" column, or choose other free books by Fayette H Fayette Herbert Elwell to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
(b) What per cent of the total investment is the net loss?
(c) What two things diminish the proprietor's present worth?
PROBLEM 46 Meyer and Smith began a partnership business on January 1, 1919. At the time of closing the books on December 31, 1919, an examination of the capital accounts revealed the following facts : January 1— Meyer paid in $10, 000. 00 January 1 — Smith paid in 7, 500. 00 May 1 — Meyer drew out 1, 600. 00 June 1— Smith drew out 1, 000. 00 July 1— Smith paid in 6, 000. 00 Ju...ly 1— Meyer drew out 3, 000. 00 October 1— Smith drew out 3, 000. 00 November 1— Smith drew out 2, 300. 00 December 1— Smith paid in 5, 000. 00 December 1 — Meyer paid in 4, 000. 00 December 31 — Meyer drew out 5, 000. 00 The sales for the period were $7, 260. The purchases were $6, 180, and the inventory on December 31 was $4, 280. The cash on hand was $3, 650. Customers owed the firm $6, 800 on account. Notes receivable amounted to $4, 694. The accounts payable showed a balance of $3, 688.
What to read after Laboratory Manual Elements of Accounting?
You can find similar books in the "Read Also" column, or choose other free books by Fayette H Fayette Herbert Elwell to read onlineMoreLess
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