NOTE.-A general balance-sheet of the accounts of an estate, (where no Profit and Loss account is required,) should contain on the Cr. side all the sums received, and on the Dr. side all payments or investments made, and the balance of cash in hand."

1857

LEDGER.-Folio 9.

Contra....

Jany. 31 By cash drawn this day on account
of profits. [Note. The Balance
Account being made out on the
day the cheques for this amount
are drawn, the result of the ac-
counts is shown more completely
by including this sum in the Ba-
lance Account, as until the amount
is drawn out, it forms part of
"Cash at the Bankers."]

By balance of cash at bankers (see
Weekly Statement, Petty Cash
Book, this date)

By balance of cash in hand (see ditto
By value of furniture, office-fittings,
&c.-[This item is in accordance with
the supposition that the business
has been in existence for a year]....
By depreciation in value of furniture,&c.
By estimated amount of bills outstand-
ing (see statement below.*)

1165 10 10

O

10 11 5

30 11

333

1 13

100

434

19

Payments made in bills outstanding (being)
the remainder of capital)

65

67

...

NOTE. The greater portion of the £200 is composed of bills sent in, but not paid, as appearing in the Ledger.

PETTY CASH BOOK.