The book Twenty Twenty Minute Lessons in Bookkeeping was written by author Frank Loomis Beach Here you can read free online of Twenty Twenty Minute Lessons in Bookkeeping book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Twenty Twenty Minute Lessons in Bookkeeping a good or bad book?
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$20. 00 Mar. 3 J.. $1250 J 70. 00 J.. 4. O. OO 31 J P. & L. 28. 75 4. J-. 6. 25 31 J 6O. OO ROSS & CO. Mar. 2 J, $70. 00 Mar. 3 J . R. E. COLT $40. 00 102 APPENDIX SALARY EXPENSE Mar. 4 J $25. 00 Mar. 31 J P. & L. $25. 00 LIGHT EXPENSE Mar. 5 J, $2. 00 Mar. 31 JP. &L. $2. 00 RENT INCOME Mar. 31 JP. &L. $5. 00 | Mar. 6 J $5. 00 MERCHANDISE (new account) Mar. 31 J $60. 00 PROFIT AND LOSS Mar. 31 J Salaries $25. 00 J Lights 2. 00 J Prop. Acct.. . 6. 75 Mar. 31 J Mdse. . $28. 75 J Rent Income 5. 00... The trial balance before closing the various force ac- counts into the Profit and Loss account will appear as follows: March 31 Dr. Cr. Cash $123. 75 $97-00 Harry Smith, Proprietor . . . 100. 00 Store Building 50. 00 ANSWERS TO PROBLEMS 103 Merchandise (old account) 90. 00 118. 75 Ross & Co 70. 00 R. E. Colt 40. 00 Salary Expense 25. 00 Light Expense 2. 00 Rent Income 5. 00 Merchandise (new account) 60. 00 $390. 75 $390-75 The trial balance after closing the force accounts is given below. You will see that in this trial balance we show only the difference between the debits and *X^ t ^-^ ta -*^^s ta x-%^ % ' y ^I, ^N_x^ - ^% w _X^ c; ^ " ^*--^ >^ % ^-'"~"s fc -X^V--^-^ x-g x-^_^^^^ p ^^^ credits.
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