MANUFACTURING. 



641 



course, besides a check -book, a bank-book is kept, in which the deposits 

 that are made are entered by the bank-teller. 



Tli*- checks drawn on the bank are usually entered in the bank-book 

 once a month, at which time the bank-book is balanced by the bank- 

 Iv and shows how much is on deposit or to our credit in the bank, 

 which amount should just agree with the amount on deposit, as shown by 

 the stub of our check- book, unless there are checks out that have not 

 been presented to the bank for payment. When the banker has " written 

 up " our bank-book he hands us, stamped " Paid," all the checks that we 

 drawn on the bank, and these he calls " vouchers returned." 



MANUFACTURING. 



87. Debit, at commencement of 

 bu>iness, for value of manufactured 

 goods on hand, as shown by the 

 Inventory. 



>!>. Debit for all goods returned 

 to us after we have sold them. 



88. Credit for all manufactured 

 goods we sell. 



OO. Directions for closing the Manufacturing account at the end of 

 ike y> 



Write on the credit side " By Inventory " for the value of the manu- 

 factured goods we now have on hand. 



'1\\(\. ( 'lose all the accounts we have kept in the Ledger to show the 

 amounts consumed in the different articles of manufacture, and trans f< T 

 Amount lost on all such accounts to the debit side of this account 



he accounts upon which such accounts were lost. Also, close tin' 



ount " and transfer the amount lost on labour to the debit 

 of this account. 



Now pnxvrd with the closing of this account pivrisrly the >aim' 



AS with tin , f the Merchandise account Par. 71 from 2nd to ~>th. 



down on the debit side of the Manufacturing attwunt, 



After it lias been tin- manufact mv.l goodfl "ii hunl 



'.lining <>f tli- ;ir. 



1H. K MM. \ NATION. When we nuaraJ ">'l* we sell, \\- 



'count ujM.n which we speculate "Manufacturing," or " Manufnc- 

 M.-ivha: \Ve 'l'-l>it thU account when we 



