Agricultural Education — Examination Papers^ 1888. cxxxi 
EXAMINATIOX IN BOOK-KEEPIXG. 
Maximum Number op Marks, 200. Pass Number, 100. 
Wednesday, May 9th, from 10 a.yn. till 1 i^-m. 
A farmer begins the year with 50?. cash, and a stock valued at 
1,000/., clear of all liabilities, and during the year makes purchases, 
of which the following is a summary : — 
£ s. d. 
Lire stock 500 0 0 
Cake 150 0 0 
Hay and straw 10 0 0 
Horse corn, &c. . . . . 25 0 0 
Seeds and seed corn . . . , 35 0 0 
Implements 10 0 0 
Manure 50 0 0 
Sundries 30 0 0 
ha\ang paid cash by the end of the year for all the above, with the 
exception of 50?. stiU owing for cake, and 10?. for sundries. His rent 
for the year amounts to 210?., of which 60?. is still owing at its close ; 
and he has paid in cash the following expenses : — 
£ s. d. 
Kates, taxes, and insurance , , , 28 0 0 
Labourers' wages 180 0 0 
Incidentals 50 0 0 
Own private expenses .... 167 0 0 
His receipts for the year are as foUow : — 
£ s. d. 
Com 230 0 0 
Live stock 1,200 0 0 
Wool 30 0 0 
Dairy produce ..... 30 0 0 
Hay and straw 15 0 0 
Keeping 20 0 0 
Poultry and simdries . . . , 30 0 0 
His stock at the end of the year is valued at 950?., and he has 
250?. in cash. 
Draw up abstract account showing Profit or Loss on the year's 
transactions. 
Make out short statement showing amount of assets and lia- 
bilities and balance of capital at beginning and end of the year. 
