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. 1911 Excerpt: ...an agent, an account with "Rent Commissions." or "Rent Collections," would probably be opened. If the charge was exceptional, it would be entered on the Expense account. In these Drills the student may charge all agents' commissions to "Commissions." 8. H. S. Randolf buys country produce for us at market prices, ...
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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. 1911 Excerpt: ...an agent, an account with "Rent Commissions." or "Rent Collections," would probably be opened. If the charge was exceptional, it would be entered on the Expense account. In these Drills the student may charge all agents' commissions to "Commissions." 8. H. S. Randolf buys country produce for us at market prices, receiving a commission of 5 per cent on all goods bought. He has delivered at our warehouse, goods amounting to $162.50, and we have given him our check for the amount plus his commission. 9. The Merchants Bank reports the collection of C. W. Miller's acceptance of May 6, in our favor, for $79.20, collection charges 25 cents. Proceeds to our credit. 10. Albright & Clark remit their check, in payment of our bill of May 20, $246.15, less 8 per cent discount. 11. The Commercial Bank reports collection of T. B. Spencer's note of Jan. 1. 19--, in our favor. $79.50. with accrued interest to date, $7.30. Collection charges and fees $3.15. They remit proceeds in cash. 12. We have been selling on commission a line of goods for F. W. Baker & Co., Chicago, keeping an account with these goods under the title of "Baker's Cereal Foods." We have recite! sales credited to this account during the past 30 davs, $214.75. and have remitted our check for this amount less our commission of 20 per cent. Note.--(ioods handled under these conditions would not be treated as ordinary commission consignments. 13. We have made a proposition to (i. P. Moore to allow him a special dis count of 5 per cent on the balance of his account to date, $358.90, for immediate cash payment. He accepts the proposition and remits his check for settlement on these terms. 14. We hold R. Smith's note for $250, without interest, due three months from...
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Add this copy of The New Inductive Bookkeeping to cart. $59.74, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2015 by Palala Press.
