SAMPLE TRANSACTIONS
29. The following transactions illustrate the use of the special blanks and books described.
D. A. Hall employs H. D. Snyder as traveling salesman for the purpose of increasing his business, agreeing to pay him a salary of $150.00 per month and expenses. He commences work on Feb. 11th. The amounts in the ledgers stand as shown in the last model set illustrated and these transactions are recorded:
| —Feb. 11th.— | ||
| Paid Altman & Sons | ||
| To balance account | ||
| Ck. No. 9 | $350.00 | |
| —11th— | ||
| Paid Garson & Co. | ||
| To balance account | ||
| Ck. No. 10 | 175.00 | |
| —11th— | ||
| Sold to Daniels & Dean, Boone, Ia. | ||
| 10 men's suits | $7.50 | $75.00 |
| 10 men's suits | 6.75 | 67.50 |
| 20 boys' suits | 2.00 | 40.00 |
| 182.50 | ||
| Terms 2/10 N/30 | ||
| —11th— | ||
| Sold to A. C. Petersen, Nevada, Ia. | ||
| 10 men's overcoats | 8.50 | 85.00 |
| 10 men's suits | 7.00 | 70.00 |
| 155.00 | ||
| Terms 2/10 N/30 | ||
| —11th— | ||
| Received from D. A. Marcus & Son | ||
| Cash | 139.65 | |
| Discount 2% | 2.85 | |
| —11th— | ||
| Sold for cash | ||
| 20 boys' suits | 1.75 | 35.00 |
| 20 men's pants | 2.00 | 40.00 |
| —12th— | ||
| Received from John Gorham | ||
| Cash 132.30 | ||
| Discount 2% 2.70 | ||
| —12th— | ||
| Sold to Henry Cook, Iowa Falls, Ia. | ||
| 5 men's suits | 8.00 | 40.00 |
| 5 men's suits | 5.75 | 28.75 |
| 5 boys' suits | 2.00 | 10.00 |
| 5 boys' suits | 1.75 | 8.75 |
| 87.50 | ||
| Terms 2/10, N/30 | ||
| —12th— | ||
| Sold to James Adams, Dennison, Ia. | ||
| 15 men's suits | 7.00 | 105.00 |
| Terms 2/10, N/30 | ||
| —12th— | ||
| Received from Geo. Golden | ||
| Cash | $150.00 | |
| —13th— | ||
| Sold to D. A. Marcus & Sons | ||
| 10 men's pants | 2.00 | 20.00 |
| 10 boys' suits | 1.75 | 17.50 |
| 37.50 | ||
| Terms 2/10, N/30 | ||
| —13th— | ||
| Paid freight on shipment to | ||
| Henry Cook | ||
| Ck. No. 11 | 3.65 | |
| Charge to Cook | ||
| —13th— | ||
| Deposited cash | 824.45 | |
| —13th— | ||
| Sold to S. H. Allen, Mason City, Ia. | ||
| 30 men's pants | 1.75 | 52.50 |
| Terms 2/10, N/20 | ||
| —14th— | ||
| Paid Adler & Co. | ||
| Ck. No. 12 | 303.12 | |
| Discount | 9.38 | |
| —15th— | ||
| Sold to Marx & Sons, Charles City, Ia. | ||
| 10 boys' suits | 2.00 | 20.00 |
| 10 men's suits | 7.00 | 70.00 |
| Terms 2/10, N/30 | 90.00 | |
| —15th— | ||
| Received from H. A. Branch | ||
| Cash | 52.50 | |
| —15th— | ||
| Received from Larson & Anderson | ||
| Cash | 78.75 | |
| —16th— | ||
| Paid H. D. Snyder | ||
| 1 week's salary | $37.50 | |
| Ck. No. 13 | ||
| —16th— | ||
| Paid H. D. Snyder | ||
| Traveling expenses | 17.65 | |
| Ck. No. 14 | ||
| —16th— | ||
| Deposited cash on hand | 131.25 | |
| —16th— | ||
| Paid D. E. Jenkins | ||
| For cartage on shipments | 2.50 | |
| Ck. No. 15 | ||