The book Practical Accounting was written by author William Henry Dennis Here you can read free online of Practical Accounting book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Practical Accounting a good or bad book?
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44 57, 296. 87 * 46 Insurance $1, 432. 30 Dividend 1, 000. 00 Notes Discounted $6, 250. 00 Loans 32, 000. 00 Notes Payable 61, 000. 00 Rates and Taxes 412. 50 Sundry Creditors 8, 824. 00 Depreciation Machinery and Tools 489. 54 Depreciation Horses, Wagons and Harness. . 235. 19 Reserve for Bad Debts 181. 25 Depreciation Furniture and Fixtures 90- 9 7 Reserve for Raw Material. 640. 93 Accrued Interest 50-33 Discount Lost Reserve 181. 25 $443, 992. 10 $443, 992. 10 Silas Wilcox fails to meet his ...notes and Burt & Conant call a meeting of their creditors. Prepare a statement of affairs on the following basis: Customers' accounts, $5, 500, is uncollectable ; $7, 300 doubtful, but expected to realize $3, 300; the balance is good; Missouri Pacific stock is quoted at 96; Leasehold interest can be sold for $1, 200; Horses, Wagons and Harness, $1, 200; Real Estate, $100, 000; Inven- tory, $20, 000; Machinery and Tools, $5, 000; Furniture and Fixtures, $200; Wages accrued, $500; Taxes, $412. 50; Discounted note of Mark ' Lane not expected to be paid, $2, 500.
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