This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1915 edition. Excerpt: ... the accounts of a large retail store. It is their business to make a record of the income and expenses of the company and to send out bills to customers. This is done so that there may be no waste in spending money and as little loss as possible in collecting what, is due the store. The following ...
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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1915 edition. Excerpt: ... the accounts of a large retail store. It is their business to make a record of the income and expenses of the company and to send out bills to customers. This is done so that there may be no waste in spending money and as little loss as possible in collecting what, is due the store. The following pages contain the part of a bookkeeper's work that every boy and girl should know in order to keep his or her own accounts. Give reasons why boys and girls, as well as business houses, should keep an accurate record of expenses. The account pictured below is a record of receipts and expenditures such as might be kept by the treasurer of a football team. On the left.hand page are writkn the sums of money received during a month; on the right.hand page, those paid out. Such a record is called a cash account. 1. Find, from this account, the total amount received. The total amount paid out. A cash account is balanced by adding to the sums paid out the amount of money on hand. The sum found by this addition should be the same as the total amount received. 2. For the cash account above, how can we find the amount of money, or balance, on hand? Where should this sum be written? What is the total for each page? 3. Why do you think the sum of money on hand is called the balance? Find the balance for each of the following accounts: 4. A sixth.grade boy had on hand, Jan. 1, $6.24. He received for working Saturday: Jan. 6, $.75; Jan. 13, $.60. He spent, on Jan. 5, $.15 for a compass; Jan. 9, $.20 for paper; Jan. 11, $.90 for a book. He received, Jan. 20, for work, $1.25. He spent, on Jan. 22, $.50 for a school entertainment; on Jan. 25, $.25 to have his skates sharpened. He deposited, on Jan. 27, $5.00 in a savings bank. 5. The pupils in a school issued a...
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