Part 22

—25— Received from Henry Norton Cash 26.25

—25— Cash sales 13.00

—26— Credited Wm. Bristol for one month's rent $30.00

—26— Sold to Wm. Bristol on account 11# ham .14 1.54 1 qt. bottle olives .50 2# coffee .70 20# sugar .05½ 1.10 ----- 3.84

—26— Sold to C. D. Glover on account ¼ bbl. flour 1.35 1# bkg. powder .50 7 cks. borax soap .25 ----- 2.10

—26— Paid cash for clerk hire 8.00

—26— Cash sales 18.70

—28— Sold to H. N. Shaw on account 1 bu. potatoes .80 1 doz. cans corn 1.50 ----- 2.30

—28— Sold to Watkins Hotel Co. on account 10 bu. potatoes .75 7.50 50# lard .10 5.00 20# ham. .13½ 2.70 ----- 15.20

—28— Cash sales 9.45

—29— Bought from Lowell & Sons on account 500# sugar .04¾ $23.75 50 gal. molasses .30 15.00 ----- 38.75

—29— Bought from Star Salt Co. on account 10 bbls. salt .80 8.00

—29— Sold to R. H. Sherman on account 1# coffee .25 1# chocolate .45 1 qt. olive oil 1.35 ¼# ginger .15 ¼# pepper .15 1 pkg. mince meat .10 2# lard .25 ----- 2.70

—29— Cash sales 14.35

—30— Received from F. W. Bradley on account Cash 1.60

—30— Paid Warsaw Milling Co. on account Cash 64.00

—30— Sold to John Smallwood on account 1 bbl. salt 1.10

—30— Sold to D. E. Johnson on account 10# lard .10 1.00 1# bkg. powder .50 1 pk. apples .35 ----- 1.85

—30— Bought for cash 5 bu. apples 1.00 $5.00

—30— Cash sales 17.90

At the close of business, Nov. 30, the ledger is proved, in accordance with the rules given in Art. 7. All open accounts in the ledger are listed on ordinary journal ruled paper and the balances extended to the debit and credit columns. These columns are footed, the total of the credit columns being $1,564.02, and of the debit column, $56.08. Subtracting the latter from the former, we find the difference to be $1,507.94. The total postings—debit and credit—from the journal and the cash book are then entered and added, the total debit postings being $296.44, and the total credit postings, $1,804.38. The former deducted from the latter leaves $1,564.02, which agrees with the difference in the ledger balances. This proves the correctness of the postings to the ledger, and takes the place of the trial balance used in the double entry method.

Single Entry Journal ]

Single Entry Journal ]

Single Entry Journal ]

VIEW IN THE GROUNDS OF THE FORE RIVER SHIPBUILDING COMPANY, QUINCY, MASS. Showing the Facilities for Handling Material in the Plate Yard and a Typical Arrangement of the Shops. The Great Electric Crane Shown has a Span of 175 Feet, and Travels Over 1,000 Feet of Track. It is Said to be One of the Largest of Its Kind in the World. ]

Single Entry Cash Book ]

Single Entry Ledger ]

Single Entry Ledger ]