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BOOKKEEPING   71

 

  1. Sold F. Simpson on a/c, 15 prs. Ladies' Shoes @ $2.25 ; 50 yds. Blk. Lustre @ 50c.

Sold R. Black on a/c, 1 bbl. G. Syrup, 40 gals. @ 35c. ; 60 yds. Navy Blue Serge @ $1.50.

  1. Bought from E. Denton & Co. on a/e, Dry Goods $292 as per Invoice dated June 3.

Sold J. Munro on a/c, 200 yds. Can. Tweed @ $1.25; 5 bbls. Sugar, 240# each, @ 4c.

  1. Paid E. Denton & Co. on a/c, cash $75, cheque $125.

Sold S. Marks on a/c, 50 prs. Ladies' Shoes @ $1.50; 150 yds. Blue Denim @ 20c. Paid the G. T. R. freight on Dry Goods, $12 cash.

7. Received from F. Simpson on a/c, cheque $20, and a sight draft on A. Barnes for $30. Accepted E. Denton & Co's draft on us, dated June 3 at 30 days' sight for amount of Inv. of the 5th, $292. (Due July 10.)

  1. Took for private use cash, $30 ; Dry Goods, $25.

We have requested W. Green to extend the date of payment of our note of April 5, to the 10th inst.

Received from R. Black on a/c, his note, dated to-day at 6 days for $104.

  1. Paid our note of April 5 and interest, with cheque ; face $219, interest $2.38 (Test this).

Sold S. Marks on a/c, 5 bbls. Flour @ $5.50 ; 1 bbl. XX Vinegar, 40 gals. @ 16c.

  1. Bought from E. Rogers & Co. on a/c, Boots and Shoes as per Inv. dated June 8, $300.

Paid rent of store to Aug. 31, with cheque $180.

  1. Paid the G. T. R. freight on Boots and Shoes, with cash $10.

Paid E. Rogers & Co., with cheque, the amount of Invoice of the 11th inst.

Advanced L. Martin $10 cash on his salary.

Since L. Martin is paid at an irregular time, put the amount through his personal account—L. Martin Dr. and Cash Cr. It he were paid weekly, we would then say—Expense Dr. and Cash Cr.

  1. Sold J. Munro on a/c, 4 doz. prs. Men's Rubbers @ $5 ; 6 doz. Gilt Edge Shoe Polish @ $1.10.

  2. Remitted E. Denton & Co. on a/c, a 30-day sight draft on S. Marks for $50. Sold F. Simpson on a/c, 20 gr. Thread @ $3.75 ; 800 yds. Shirting @ 15c.

Received from J. Munro on a/c, his note, dated June 13 at 3 months for $26.60.

  1. Petty cash sales for two weeks, Dry Goods $110 ; Boots and Shoes $90 ; Groceries $350.

  2. Prepaid our acceptance of the 7th inst. with cheque; discount at 6%. (Is discount $1.10

or $1.12 ?)

R. Black paid his note of the 8th, with cheque.

Drew a draft at 30 days on S. Marks, for $73 ; discounted it at 7% and deposited the proceeds. (Is discount 46c. or 48c. 7)

  1. Received from J. Munro on a/c, his cheque $50, and his note, dated to-day at 60 days for $248.

  2. Sold F. Phillips on an order from S. Marks, 120 yds. Canton Flannel @ 20c. ; 10 Men's Fall Overcoats @ $12.

Paid for advertising with cheque $10.

  1. Sold half of the lot belonging to private residence for 8500 cash, and invested the amount in the business.

Bought from F. Denton Sr, Co. on a/c, Dry Goods as per LIv. dated June 18, $500.

  1. Received from S. Marks to close his a/c, cheque $30, and his draft, dated June 19 at 7 days on E. Denton & Co., in our favour, for the balance.

  2. Deposited 6 x $1, 25 x 82, 14 x $10, 10 x $20, 16 x $50, and the in-coming cheques on June 7, 17, 18, 21.


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