F.XPLAXATloX OF THE CASH BOOK. 70^ 



day, ami the balance of cash remaining on hand at night. (See ~>~>1 

 ami ")") 2.) 



l-7o anl 4-74-. When we receive cash, we write tin- name of the 

 account w- an- going to credit for that amount under 4-7 '>. and if any 

 explanation be required, we write it in as few words as possible under 

 47k 



K\. 480 and 4X1. When we payout cash, we write the name of the 



are going to debit for that amount under 480 ; and if 

 lanation tired, we write it in as few words as possible under 



THi: ENTRIES. DEBIT SIDE. 



When the Cash Book is closed daily, we bring down on the 

 ach morning, the amount of cash on hand for the beginning of 

 (lay's bu>iness in the manner here illustrated, always extending tli-- 

 amount into the outer column. 



ISO and 487. No entiy is made of the cash sales in the Cash Book 



il the close of the day, and then Merchandise is credited for the total 



s of the day in one entry, as here shown. When an extra column is 



kept, it i^ advisable to make a check in the " L. F." column opposite all 



r that column, so as to leave no blank lines whereby th- 

 t be confused in posting* 



il pays us $50 on his 30-days' note of Nov. 18th, which 

 amount <>n the note. (See 109.) Posted to G 18. 



<>f money, we take a note to the bank and 

 1, the entry is then made in this manin-r. This not 

 mad-- without ii o the bank deducts 85 cents (see .509) and ha- 



ice, or gives us credit in our bank book, for the sam'. Thev 



iiscount at a certain pt-r cent prr annum for tin- t note 



to run befuiv din- -in this case 8 per cent, for l!> day-. \V<- m 



in all such cases err. lit Hills Rec-'i v.-J-! for the full face of the note, and 



dfhit Ii of the Cash Book for the dUoo-jnt. 



110, 125, 1 Hi. and 1..) 4S!> po >19. 



..n the bank as p:irt payment for 

 unt (8 50, and 81.) 



and 512, -Same : t" 620, 



I. 'I. The G. T. R. and II. II. li\ . < k>, return i 



ehai-^r on a fn-ight bill of recen' made no cliai^.' ..n 



016 w.- rlaini'- 1 this (.\ 

 and I :>)G.) Posted to 



