Set IV.—D. E.—Flour and Feed Business.
Special Features.—The introduction of Bank Account as a personal account in the Ledger. The use of deposit slips and cheques.
(a) Books to be used—Business Papers, Journal Day Book, Cash Book, and Ledger.
(b) Business Papers :
Inward.—Votes on Feb. 8, 13, 20, 23 ,( Cheques on Feb. 7, 14, 16, 26 drawn on any bank) Receipts on Feb. 24, 27.
Outward. —Totes on Feb. 1, 6, 15, 21, 24 ; Deposit Slip on Feb. 2 ; Cheques on Feb. 5, 10, 22, 24, 27 ; Receipts on Feb. 8, 23.
(c) Make out business papers, journalize and write up the Cash Book ; post ; take a Trial Balance; take stock; make a Loss and Gain Statement, a Summary of the Proprietor's A/c and an Asset and Liability Statement ; close the Ledger in the same way as in Sets I. and II.
Calder, D., Grimsby, Ont. Knight, A., St. Catharines, Ont.
Davis, J., Oakville, Ont. Taylor & Sons, Toronto, Out.
Darwin, J., Dundas, Ont. All Others, Hamilton, Out. Kilgour Bros., Toronto, Ont.
Ledger Lines (" H" stands for Heading, 3 lines) :