cvi Agricultural Education — Examination Papers, 1885. 
EXAMINATION IN BOOK-KEEPING. 
Maximum Numbee of Marks, 200. Pass Number, 100. 
Friday, May loth, from 10 a.m. till 1 p.m. 
On tlie 1st January, 1883, the affairs of John Griffitlis stood as 
follows : — 
Asset?. 
£ 
s. 
J, 
Cash at Bankers 
553 
18 
6 
Bills Keceivable — 
Due 25th January, 1883 250 0 0 
„ „ July, 1883 .. 250 0 0 
„ „ January, 1884 250 0 0 
750 
0 
0 
Freehold Farm at Basingstoke, with 
Buildings, Timber, A^c, valued at . . 
19,100 
0 
0 
Live Stock 
3500 
0 
0 
Plant, Machinery and Tools 
2609 
10 
0 
2150 
15 
6 
Growing Crops 
670 
15 
6 
Due from Jackson for Timber cut in 
December, 1882 
900 
0 
0 
Liabilities. 
M'Leod for Fencing 
150 
3 
6 
Eobey & Son for Steam Plough . . 
1800 
0 
0 
250 
0 
0 
Newell & Son Mortgage on Farm at 
5000 
0 
0 
Ditto for 6 months' Interest, due 29th 
December, 1882, less Income Tax at 6d. 
97 
10 
0 
30,234 19 G 
6797 13 G 
Open a Ledger for the above Accounts. 
Journalize the following imaginary transactions. Post them in 
the Ledger and make out a " Profit and Loss Account " for the Yecfr 
1883, and a " Balance-sheet" as on the 31st December, 1883. 
Note. — Sales of timber and outlay on farm buildings are " Capital 
Items," and increase or reduce the value of the Freehold 
Farm. 
He pays wages during the year 1500/. 
He accepts a contract from Stouer to build a now barn 
and four new cottages for 1200Z., and pays S toner 800/. 
on account. 
He cuts timber to the value of 600/ , which he sells to 
Jackson & Co., who p.'iy him by cheque 1500/. 
