(3) How can he find the balance of cash on hand at the end of the week?

(4) Why is it a good plan to add the balance to the total cash payments?

(5) Should the sum of the total cash payments and the balance of cash on hand exactly equal the total receipts?

(6) When these sums are equal and are written on the same line opposite each other, the account is balanced.

(7) After the account is balanced, where are the I double lines drawn?

(8) In continuing the account, why is the balance placed on the cash receipt side?

2. (a) Several of this boy's friends liked his idea of a cashbook so much that each decided to keep his own account in the same way.

(b) The first accounts they kept are given below. (c) Write each one in cashbook form.

(d) Balance and rule the cashbook. Bring the balance down on the cash receipt side as a beginning of the next week's account

(4) Margaret Dosser's father gives her $5 a week as an allowance. With this she is expected to pay her small expenses and save some money. After writing her account in the cashbook, look it over and decide how she could have saved more.

1920

(5) Alvin Hart's father gives him money each day just as he thinks he needs it. Besides,

Alvin makes money by selling papers.

27 From his father..

Collects for papers.

Pays for papers bought..

(6) Harriet Kennedy received each day from her

father and mother money for her luncheon

and the inexpensive school supplies.

.50

2.85

5.75