NOTE. The pupil will review the six notes, 58, before proceeding farther. All the directions there given, must be followed out in carrying through this set of books.

DAY-BOOK.

(Person's name,) Geneva, Monday, Jan. 1st, 1849.
Inventory of my Effects, taken this day.

T106. The pupil will prepare an Inventory of Effects and Liabilities, upon a loose leaf, and after it has been corrected by the teacher, will commit it to the first page of the Day-book.

A

The amounts of the items of Effects will be written in the Dr. columns, and the amounts of the items of Liabilities in the Cr. columns. line will be drawn across the central portion of the page, separating the items of Effects from the items of Liabilities, but not across the columns for amounts. A line will be drawn across the columns for amounts, on the line below the last item of Liabilities, and the columns of Effects, and also of Liabilities, will be added up, and the amounts brought upon the same line below, as directed in T 94. A double line will then be drawn immediately under these amounts, and extended to the middle of the page, as seen in ¶ 105; a balance will be struck, and the remainder entered in its appropriate columns, as Net Capital.

NOTE. As it is thought advisable to require the

pupil to exercise his own judgment in this case, no

example is given of an Inventory entered according

to the above directions.

106. Full directions for entering an Inventory in this system. Note.

1

Jan. 19th. Bought of Hon. Robt. L. Rose 3 fat Sheep, at $3.00, and 1 fat Cow, for $22.00; and sold him 1 barrel of prime Beef, for $9.50, and 3 Hams, weighing 80 pounds, at 7 cts.

Wednesday, Jan. 24th.

P8

Buell H. Bartlett,

+Putting 1 pr. New Thills into Buggy,
3 Spokes into Carriage Wheel, .20

250

60

310

¶ 107.

the same

Two or more articles are sometimes entered upon

line, as seen in the first example upon this page.

107. Entering more than one item on a line.

I have chopped for Abraham Post 4 days, at 75 cents a day, and finished to-day. He has had my horses and sleigh yesterday and to-day, to draw wood, and for the use of them I charge him $1.25 a day. I have had of him, to-day, 2 bushels of Wheat, at $1.15; 2 bushels of Potatoes, at 37 cts.; and 1 Ham, weighing 32 pounds, at 71

T 108. At the end of the first entry upon this page is written (Pay next week.) In giving credit of a few days, many people make a minute of the transaction upon a slip of paper, and put it into a bundle, a drawer, or some place where it will be hundy. This manner of recording an ac108. Pay next week.

Remarks.