| Alexander, Hill & Co. | $ 10,187.60 |
| Automatic Pencil Sharpener Co. | 1,279.00 |
| Browne Morse Co. | 4,279.85 |
| Clark & Smith | 6,798.94 |
| General Fireproofing Co. | |
| Hall, Walter & Co. | 2,967.09 |
| Franklin Moffit Co. | 22,897.42 |
| Peerless Motor Co. | |
| John B. Scrivener | |
| Standard Truck Co. | 217.90 |
| Second Third National Bank | 650.00 |
| Willis, Dickson, Inc. | 14,679.80 |
| Yonkers Carpet Works | |
| Sundry Customers | 82,880.45 |
| $146,838.05 |
In the purchase ledger (which is controlled by the Accounts Payable account on the general ledger), beginning with page 20, open the following accounts, four to a page, and enter the balances as of December 1:
| American Banking Machine Co. | $ 7,894.20 |
| American Duplicator Co. | 2,985.75 |
| American Kardex Co. | 6,732.84 |
| Automatic Pencil Sharpener Co. | 480.00 |
| Apex Office Supply Co. | 2,797.90 |
| Dictation Devices Co. | 5,724.75 |
| Filing Systems & Cabinet Co. | 6,894.80 |
| Library Bureau | 7,894.90 |
| Protectograph Co. | 2,147.35 |
| Yawman & Erbe Mfg. Co. | 10,897.50 |
| Sundry Creditors | 40,519.18 |
| $ 94,969.17 |
The two accounts, “Sundry Customers” and “Sundry Creditors,” are used to secure volume of transactions without involving too great detail. They should be treated in all respects as personal accounts.
In the notes receivable journal, enter the following notes:
No. 84, made by Clark & Smith in our favor, for merchandise, dated September 18, 19—, for three months at 6%, amount $1,987.50.
No. 87, made by Hall, Walter & Co., in our favor, for goods purchased, dated October 5, at 6% for two months, amount $2,500.
No. 88, draft drawn by the company on Willis, Dickson, Inc., dated October 28, at 60 days, amount $2,750.
No. 91, made by Franklin Moffit Co., in our favor, for merchandise, dated November 15, at 6% for 30 days, amount $1,182.30.
Total the “Amount” column and rule it off as this amount is already in your general ledger “Notes Receivable” account.