Up to Date Regents Questions in Bookkeeping

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Up to Date Regents Questions in Bookkeeping
W J William James Adams
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June 23. Received Phillips & Robertson's note at 30 days in payment of bill of June 14.
June 25. Sold Houghton Son on account 5 bbl. 800 Ib laundry 'starch @ 3jc.
40 UP-TO-DATE KEGENTS QUESTIONS (b) Post all the items given in a.
(c) Make a trial balance of the ledger called for in b. Make and close the "Loss and Gain" account of the ledger called for in b. Close the "Proprietors account. " Inventories are: mer- chandise $12, 784. 60; furniture and fixtures $1047. 50; expense $15.
(d) Write (1)
... the N. Y. Draft mentioned in the transaction of June 10, supplying all necessary data, (2) the check mentioned in the transaction of June 21.
(e) Write (1) the time draft mentioned in the transaction of June 13, showing acceptance, (2) the note mentioned in the transaction of June 23.
(/) Mention three forms of endorsement and illustrate each form as applied to the note of June 23. Show the effect of each of these three forms.
(g) Write as Clarence White the letter to accompany draft to T. J. Mather on June 13.


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