

BOOKS OF ORIGINAL ENTRY 89 



ILLUSTRATION 18 



SIMPLE JOURNAL ENTRIES 



(Simple) Journal WALTER MARSH DR. CR. 



January 1, 1916 



I have decided today to open a set of double entry account 

 books for my business, beginning with the following entry to record 

 my resources. 



1 Cash $2,500 



1 Walter Marsh Capital $2,500 



t 



1 Horses 700 



1 Hogs 500 



1 Cattle 200 



1 Equipment 300 



1 Cash 1,700 



(Bought stock and equipment for cash) 



31 



1 Labor 25 



1 Cash : 25 



(Paid Jas. Brown for Jan.) 



February 28 



1 Labor 25 



1 Cash 25 



(Paid Jas. Brown for Feb.) 



March 81 



1 Labor 25 



1 Cash 25 



(Paid Jas. Brown for Mar.) 



