THE ILLUSTRATION OF Till-: FOUNDATION. 701 



neither does he want you to plunge headlong into the work without first 

 looking over the books, in order to get an idea of the system lit- has been 

 using; and then, unless you can suggest some improv- A-hich are at 



once recognise! hy him as such, he expects you to conform to his id- 

 ami keep the books acvonling to the old system. 



884. The business here chosen to illustrate the art of book-keeping 

 that of the Retail Grocery. It is thought this busings allord< a sutlir' 

 iety of transactions to fully illustrate the points set forth in "The 

 i Mat ion." The principles of double entry book-keeping mav be as- 

 ; ly illustrated with a small business, and small amounts, as with an 

 ii-ive business, and large amounts; therefore, it is thought best to il- 

 lustrate here the smaller business, and the less cumbersome figures. In 

 order to see the application of the rules in "The Foundation," the para- 

 graph numbers should be referred to, whenever given throughout "The 

 Illustration." 



88.>. The books used in this set are: Journal, Cash Book and L 

 Paragraph Nos. 12 to 21, inclusive, should now be read, and Nos. 20 to 48 

 be ( ed to memory. The beginner should repeat, immediately before 



making eaeh entry, this sentence: "Debit what we receive, and Credit 

 what we give," and then make the entry accordingly. 



886. The Fu-^f Il.iff of the Month Here Illustrated. The first two 

 to, the books are kept without Sales Books, all the sales being re- 

 ird iii the Journal. The employe's are paid their wages in full at tin- 



end of each wrrk, and consequently no accounts are kept with them. 

 (See 203.) 



887. Tf.r /,</>/ Halfoftht' M.mfh //or llbiatratod. Tin- l:ist two * 



t\\o Sal sB ; 'i 1 are numbered " 1" and "2," the on-accoum 



sales an- tian^frnvd from these books to the Journal, as illustrated inpara- 



:<h Nns. 40S to 416. In business the sali-s aiv, t .f OOQIBe, tran^f.-rr.- 

 th'- .Journal daily. (See 14.) Thr kind of Sah-s Hooks -vm-rally usrd in 

 retail >! 'siall in .ut (i x 1 2 ini-!i.-> and 1- 1> r. .juir.-s. T! 



;ntrrs duriiiL: tin- day, when salcx an- n-cnrdrd 



in thrm. and at night they an- takm by tin- 1 k-kr.-pri-. and all OP 



\\hirhi n lillrd and imt marked "Paid" an- n d to the 



rnal in tin- mannri- illustrated in jiarau r raj-h> !<>s to 41(1. In th- 

 hall month tin- mipi.iyrs <lo not lra\v their ,Jof 



i.ut an account is k.-pt with each ei \\ hieh i> 



\vh- ay money la -irawn, and nd of the in 





