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New Modern Illustrative Bookkeeping; Advanced Course

New Modern Illustrative Bookkeeping; Advanced Course


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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1919 Excerpt: ...on each bill to indicate that it has been charged. Remember to enter the terms in the account. Cash sales bills will not be entered in the sales journal. Place the bills in your Voucher File., No. 84 Send H. R. Judson, your traveling salesman, check for $75 for traveling expenses. September 2 No. 85 Cash from E. B. Kerns for rent of flat, #74 Center St., August and September, $200. No. 86 Check from Levy & Garson for invoice of Aug. 25, less 6%. No. 87 Invoice from Burke, Fitz Simons, Hone & Co. Enter the invoice in the purchases journal. Number this invoice 8. Head your purchases journal the same as you did your sales journal, number the entries consecutively, and enter only the name of the creditor and the amount of the invoice. Write the entry number on the upper right-hand corner of the invoice. The separate entries in the purchases journal will not be posted, but the footing of the book will be posted at the end of the month. Post from the invoices directly to the accounts in the purchases ledger, in the daily posting, and place the folio of the account on each invoice to indicate that it has been credited. Remember to enter the terms in the account. No. 88 Pay invoice Burke, Fitz Simons, Hone & Co., due to-day, as follows: Deduct from the amount of the invoice the charge for goods returned on Aug. 11, as per ledger, and from the balance deduct 1%, as per terms of bill. Write a check for the net amount. No. 89 An order was received to-day from Ingham & Case, but as they owe a balance which has been running a long time, it was not deemed advisable to sell them more goods on account. In response to our telegram they instructed us to ship the goods subject to bank order, and allow special cash discount. No. 89 a Make a sight draft favor of...


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Product Details
  • ISBN-13: 9781231061251
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 78
  • Spine Width: 4 mm
  • Width: 189 mm
  • ISBN-10: 1231061251
  • Publisher Date: 01 May 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 154 gr

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