SAMPLE TRANSACTIONS
47. The following transactions, taken from the books of John Doe, shipper of poultry and butter and eggs, illustrate the books and accounts used.
| —Nov. 1, 1908— | ||
| Commenced business with a | ||
| cash investment of | $1,000.00 | |
| —1st— | ||
| Bought for cash | ||
| 200# chickens | @ .11½ | 23.00 |
| 100# ducks | @ .13 | 13.00 |
| —1st— | ||
| Bought from | ||
| Henry Meyers | ||
| 400# turkeys | @ .16 | 64.00 |
| —2nd— | ||
| Shipped to | ||
| Richard Roe, to be sold on my a/c | ||
| 220# chickens | @ .11½ | 25.30 |
| 98# ducks | @ .13 | 12.74 |
| —2nd— | ||
| Ctg. and Exp. on above | ||
| paid in cash | 2.25 | |
| —3rd— | ||
| Bought for cash | ||
| 100 cs. eggs, 3,000 doz. | @ .16 | 480.00 |
| —3rd— | ||
| Shipped to | ||
| Richard Roe to be sold on my a/c | ||
| 95 cs. eggs, 2,850 doz. | @ .16 | 456.00 |
| —3rd— | ||
| Sold to Johnson & Sons on a/c | ||
| 5 cases eggs, 150 doz. | @ .20 | 30.00 |
| —4th— | ||
| Shipped to Richard Roe to be sold | ||
| on my a/c 200# turkeys | @ .16 | $32.00 |
| —4th— | ||
| Paid freight on eggs to Roe | 2.98 | |
| —4th— | ||
| Paid freight on turkeys to Roe | 1.80 | |
| —5th— | ||
| Received from Richard Roe | ||
| Account Sales for Shipment No. 1 | ||
| Net proceeds remitted in cash | 47.73 | |
| —6th— | ||
| Received from Richard Roe | ||
| Account sales for shipment No. 2 | ||
| Net proceeds retained by him | 518.12 | |
| —6th— | ||
| Paid for labor | ||
| cash | 9.00 | |
Shipment Book
Columnar Purchase Book and Journal
Cash Journal for Commission Business
Shipper's Purchase and Shipment Ledger
Shipper's General Ledger
THE ADMINISTRATION BUILDING OF THE MINNEAPOLIS STEEL & MACHINERY CO., MINNEAPOLIS, MINN.
Shipper's General Ledger