Each item must be entered twice in the Ledger. Hence the name double entry. The Journal provides for this by a double column for dollars and cents, one representing the Dr. and the other Cr. entry in the Ledger. The folio numbers of the Ledger are entered at the left. The first date is at top of the page and each succeeding date follows in its place in centre of page. Each entry in Journal is followed by a broken ruled line. The vertical ruled line serves to divide the Dr. from Cr. items. Where several items are charged to one account the sum total only is placed against said item as in first entry. Footings in lead pencil should be made of each dollars' and cents' column of Journal page to text accuracy, as these totals must agree.

Folio 10

Dr. Cash Cr.

Jan. Jan.

2

2

To Capital Account " Hand

1

4000 155

00 20

June

30

By Disbursements " Balance

1500 2550

12 08

4155

20

4155

20

June

30

To Balance

2559

08

Folio 11

Dr. Capital Account Cr.

Jan.

1

By Cash

4000

00

Folio 12

Dr.

Merchandise

Cr.

Jan.

"

To Sundries

1

1631

OO

Jan.

1

By Cash

1

20

60

"

2

"

1

807

28

"

3

" Jones & Co.

1

144

80

"

3

"

1

72

40

"

?

" A. Daniel

1

101

60

"

5

" "

1

240

00

"

5

" Bowers & Co.

1

148

64

June

20

" II

2

1194

80

"

5

" W. Henderson

2

164

60

June

5

" Cash

1

13

20

May

1

" Sundries

2

624

88

June

30

" Balance

3308

16

8535

48

2535

48

June

30

To Balance

2808

16

Folio 13

Dr.

E. J. White

Cr.

Jan.

.2

To Bills Payable

2

80

00

Jan.

I

By Merchandise

1

300

40

Jan.

2

" Cash

2

160

00

June

" Balance

60

40

800

40

300

40

June 30. By Balance 60 40

Folio 14

Dr.

Harry Short

Or.

Jan.

2

To Bills Payable

1

180

00

Jan.

I

By Merchandise

1

482

00

Jan.

2

To Cash

2

240

00

June

To Balance

62

00

482

00

482

OO

June

3O

By Balance

62

OO

Folio 18

Dr.

Mrs. Pearl Cook

Cr.

Jan.

2

To Bills Payable

1

120

00 Jan.

J

By Merchandise

1

000

OO

Jan.

2

" Cash

2

300

00

June

" Balance

180

00

600

00

600

OO

June

30

By Balance

180

OO

Folio 16

Dr.

Ralph Wilson

Cr.

Jan.

2

To Bills Payable

1

80

00

fan.

1

By Merchandise

1

248

60

Jan.

2

" Cash

2

122

00

June

" Balance

46

60

248

60

248

60

June

30

By Balance

46

60

Folio 17

Dr.

Bills Payable

Cr.

Jan.

5

To Cash

2

80

00

Jan.

2

By Sundries

1

460

OO

Mar.

5

" "

2

80

00

June

30

" Sundries

2

1104

80

April

5

<< <«

2

180

00

<<

5

<« <<

2

120

00

" Balance

1104

80

1654

80

1654

80

June

30

By Balance

1104

80

Folio 18

Dr.

Bills Receivable

Cr.

Jan.

?

To Jones & Co.

1

72

40

Jan.

1

By M. Young

1

210

24

"

3

" Cask

2

61

60

April

1

" Cash

1

72

40

««

5

" Bowers & Co.

2

148

64

June

30

" Balance

624

88

June

" Sundries

2

624

88

907

52

907

62

June

30

To Balance

624

88

Folio 19

Dr.

M. Young

Cr.

Jan. 5

To Bills Receivable

1

210

24

\/an.

1

By Merchandise

1

897

28

" Balance

187

04

June 30

397

28

897

28

June

30

By Balance

187

04