II. Record of a Month's Business of Another Milliner

1. (a) The following are Jeanne Gray's transactions for a month. Enter each one in the book to which

it belongs.

(b) Post to the ledger.

(c) Take off a trial balance.

(d) Make a profit and loss statement.

(e) The net gain is what per cent of capital invested

at the beginning of the month?

1919

(f) How does this gain compare with that of Margaret Morton in the preceding problem?

(g) Memorandum:

4 Sold to Mrs. H. P. Teems, on acct.

9 Sold to Miss Mary Adams, on acct. 1 Hat....

18.50

Mrs. H. P. Teems paid bill of Apr. 4. . . . 35.00

12 Miss L. K. Johnson paid bill of Apr. 1. .

29.50

Cash Sales..

65.00

Sold to Miss Elsie Raye, on acct.

1 Hat.

15.00

14 Paid C. M. Gregory bill of Apr. 7. . . . . . 840.60

Sold to Mrs. J. F. Cone, on acct.

Mrs. J. M. Green paid bill of Apr. 2....

26.40

18

1 Hat.

Miss Margaret Adams paid bill of Apr. 9.
Bought of J. F. Anderson, pattern hats..
Sold to Miss Mary Simpson, on acct.
20.00

27.50

500.00