EXERCISE
1. Prepare a trial balance of the ledger as it would appear after posting these transactions.
2. Assuming that gross trading profits average the same per cent of selling prices as in former transactions of this business house, find approximate inventory at close of business Feb. 16th.
3. Prepare trading and profit and loss account, based on this inventory.
Order and Sales Records
Order and Sales Records
Order and Sales Records
Order and Sales Records
Departmental Abstract of Sales
Cash Received Book
ONE OF THE ELECTRICAL MANUFACTURING PLANTS OF THE FAIRBANKS-MORSE COMPANY
Check Register and Cash Expenditure Book