Principles of Bookkeeping Introductory Course Illustrating the Journal Method

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Foot the ledger accounts. Take a trial balance; after approval, record it in Blank No. 1, on the page indicated by the index. Make the usual statements ; after approval, record them in Blank No. 1, on the page indicated by the index. Make the necessary journal entries and postings to close the ledger. Submit all work to the instructor for approval. After receiving your monthly bank statement, check the stubs of the check book. 148 PRINCIPLES OF BOOKKEEPING Exercise 41. Review For Written Work, ..., . (. 1. Journalize orally or in writing each transaction in June. 2. Journalize orally or in writing each transaction in Set G, pages ISI'W 152. 3. As a test, write from memory, on blank paper cut to the proper size, the following business forms ; make the entry for each party. A. A Promissory Note. On May 27 Student gives Henry S. Miller a 30-day promissory note, bearing interest at 6%, payable at Second National Bank. Face of the note, $237. 50. B. A Promissory Note. On June 16 /Student receives of Adam H.

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