The Accountants' Manual, volume 10

Cover The Accountants' Manual, volume 10
The Accountants' Manual, volume 10
Institute of Chartered Accountants in England And Wales
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Evans Bill Payable Book.
Digitized by Google 386 INTERMEDIATE EXAMINATION.
A. 3 — (contintied).
Dr.
Ledoib.
Wm. Evans.
Cr.
ToCash . Bill Payable £ s d 1,000 o o a.ooo o By Goods £ s d 3,000 o 3^3,000 o £3,000 1 Or.
Bbewbb.
Cr.
To Goods £ s d 200 By Cash 1 £ s d .. aoo Dr.
BBC >WN.
Cr.
To Goods £ s d bo O By Cash .. ..
.. i 80 Q. 4. — Compile Trading Account, Profit and Loss Account, and Balance Sheet as at 30th June 1905, disregarding Income-Tax but bringing interest at 5 per cent, into account
....
A. and B. are equal partners, but have no Articles of Partnership.
Debit.
Goodwill £10,000 Gash at Bankers on Deposit, .., . ., _., .... 10,000 „ „ ;, Gurrent* Account* • *.. " .. 2,000 „ in hand 100 Salaries and Wage& paid up to date . • •. . • . . 10,000 Goods t^urchased 20,000 Stock at Ist July 1904 5,000 30th June 1906, £6,500 (]^ot posted.) Digitized by Google BOOKKEEPING (EXECUTORSHIP ACCOXWTS).
387 Partners' Drawings on Slsfc December 1904, viz., A.
£1,000, B.


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