Practical BookkeepingAllyn and Bacon, 1907 - 252 pages |
From inside the book
Results 1-5 of 45
Page 18
... Inventory . -The above figures show that your merchan- dise has cost you $ 370 , and that your sales amount to only $ 321 . As the account stands , you have apparently lost the difference between these footings , or $ 49 . This would be ...
... Inventory . -The above figures show that your merchan- dise has cost you $ 370 , and that your sales amount to only $ 321 . As the account stands , you have apparently lost the difference between these footings , or $ 49 . This would be ...
Page 19
... inventory of $ 77.50 . An Inventory is a statement of the property on hand . The value is usually estimated at the cost price of each article , unless there has been a material rise or fall in the market value . 36. Gain or Loss on ...
... inventory of $ 77.50 . An Inventory is a statement of the property on hand . The value is usually estimated at the cost price of each article , unless there has been a material rise or fall in the market value . 36. Gain or Loss on ...
Page 20
... Inventory 133 195 135 40 370 2850 39850 7750 Feb. 3 100 bu . wheat 10 50 19 11 15100 99 17 50 " " corn 24100 , wheat 25200 , oats 26 50 19 corn 28 Inventory 133 68 3350 544 2750 79 44 24 321 7750 39850 38. You may continue the work of ...
... Inventory 133 195 135 40 370 2850 39850 7750 Feb. 3 100 bu . wheat 10 50 19 11 15100 99 17 50 " " corn 24100 , wheat 25200 , oats 26 50 19 corn 28 Inventory 133 68 3350 544 2750 79 44 24 321 7750 39850 38. You may continue the work of ...
Page 21
... inventory , as explained in § 35. In finding this inventory the grain that you had on hand at the end of Feb- ruary must be included with that bought during March . 2. Find the loss or gain , as explained in ACCOUNTS WITH PROPERTY . 21.
... inventory , as explained in § 35. In finding this inventory the grain that you had on hand at the end of Feb- ruary must be included with that bought during March . 2. Find the loss or gain , as explained in ACCOUNTS WITH PROPERTY . 21.
Page 22
... difference between the two sides of merchandise account show ? 6. What is an inventory ? 7. How do you find the loss or gain on merchandise account ? EXERCISE III . ACCOUNTS WITH PERSONS . 43. If all 22 PRACTICAL BOOKKEEPING .
... difference between the two sides of merchandise account show ? 6. What is an inventory ? 7. How do you find the loss or gain on merchandise account ? EXERCISE III . ACCOUNTS WITH PERSONS . 43. If all 22 PRACTICAL BOOKKEEPING .
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Common terms and phrases
30 days A. C. Newman amount April Axminster Bidwell bill book Bills Payable Bills Receivable body Brussels bookkeeping cash account cash book Cash sales corn cost credit side Davis & Co days with interest debit side deposit dining-room set double entry drawee drawer errors exercise Expense flour following illustration shows gain account Henry indorsed inst Interest and Discount inventory investment invoice journal entry June less the discount losses and gains mahogany March 13 Mase merchandise account month National Bank note at 30 Office Furniture paid payment personal accounts present worth promises to pay promissory notes proprietor purchase book Purchase Ledger receipt Receive cash record red ink resources and liabilities Robert E sales book sales ledger sheet shown sight draft single entry sold special columns take a trial teacher transaction trial balance voucher wheat William Brown write written promises
Popular passages
Page 117 - It is mutually agreed, as to each carrier of all or any of said property over all or any portion of said route to destination, and as to each party at any time interested in all or any of said property, that every service to be performed hereunder shall be subject to all the conditions...
Page 117 - ... to its usual place of delivery at said destination, if on its road, otherwise to deliver to another carrier on the route to said destination. It is mutually agreed, as to each carrier of all or any of said property over all or any portion of said route to destination, and as to each party at any time interested in all or any of said property, that every service to be performed hereunder...
Page 117 - Received, subject to the classifications and tariffs in effect on the date of issue of this original bill of lading. At Ithaca, Mich., 18-1, 1911, from owner* the property described below, in apparent good order, except as noted (contents and condition of contents of packages unknown...
Page 38 - A Promissory Note is a written promise to pay a certain sum of money at a specified time.
Page 117 - ... property over all or any portion of said route to destination, and as to each party at any time interested in all or any of said property, that every service to be performed hereunder shall be subject to all the conditions, whether printed or written, herein contained, and which are hereby agreed to by the shipper and by him accepted for himself and his assigns as just and reasonable CONDITIONS.
Page 215 - The cash-book is to have four money columns, each ruled for dollars and cents, on both the debit and the credit page, for the convenient handling of trade discount, cash sales to transient buyers, and "Expense
Page 33 - The sum of the debits must always equal the sum of the credits. Regardless of the number of accounts, the sum of the debits is always equal to the sum of the credits in a journal entry. This equality of debits and credits for each transaction is built into the accounting equation: Assets = Liabilities + Owners
Page 163 - Pay 35 ^ for sending the telegram. minimum charge, varying with the distance, for a message of ten words or less, with an additional charge for each word in excess of ten. No charge is made for the date, the address of the party to whom the message is sent, or the signature of the sender.
Page 215 - No cash account is to be kept in the ledger. The journal is to be used only for such entries as cannot be conveniently made in the other books. Enter in the proper books the investments and the following transactions: Dec. 18. Bought for cash, books of account and stationery for office, $45.50; 10 tons coal for heating store, $60. Sold EJ Holden, Hornellsville, 2 bags, 250 lb., choice Rio coffee @ 231; 1 bale, 150 lb., Mocha coffee @ 281.
Page 163 - ... let me hear from you at your earliest convenience, and oblige, Yours truly, WM BACON. 16. Telegrams. Many important business messages sent by one person or firm to another go by telegraph and not by mail, and most individuals find it necessary, occasionally, to send personal messages by telegraph. As the cost of sending a telegram depends upon the number of words in the message, they are usually made as brief as possible. In sending a telegram to any part of the United States or Canada the number...