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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1857 Excerpt: ...cannot labor too assiduously in establishing a habit that will be of so great importance to him in all future life, whether engaged in business for himself or for others. On the next page there are two examples for practice, which will sufficiently illustrate this mode of making out accounts. The examples here presented are the same as those given at the 43d page, with the transactions arranged in the order of their occurrence, to compare with the Second Form of Accounts. Here, as before, the price and the quantity are given, and the pupil is left to carry out the amount. He should be careful to carry each amount to the right set of money columns. If the amounts are correctly entered, the accounts will exactly balance. As here presented, how Is it receipted? In this form of making out accounts, how are the transactions recorded? To what columns are the amounts carried? In which set of money columns should the debits be entered, the right or the left? In which set should the credits bo entered? Why should the learner be doubly careful in making these entries? How long shonld he thus be careful? Should he then relax his efforts? What is said of the importance of accuracy t EXAMPLES FOR PRACTICE. SECOND FORM OF ACCOUNTS. As the remarks made under this head at the 54th page are applicable to the examples that follow, the pupil will do well to review them before proceeding further. The former examples were solved according to the First Form given for-keeping accounts; these are to be solved according to the Second Form of Accounts. EXAMPLE I. This example consists of a series of transactions with James Davidson, who keeps a grocery and provision store. Transaction 1. Jan. 2,1851. Bought of him 18 lbs. Brown Sugar at 8 cents a pound; 15 lbs. of Rice at 1 cents a ...
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