MESSRS. BLANK & Co.: TRIAL LEDGER BALANCES. 31 December, 1890. Edward Blank: Drawing Account 2,300 4 5 (Credit the two Drawing Accounts with 5% Interest on the Cash on Deposit... Petty Cashier. (Imprest in hand) Investments. (Balances standing at) Say £900 Institute of Bankers 4% Stock (value at 130% £1,000 Bexley Heath Railway Ord. Stock ( £875 Oceania 3% Consolidated Stock (,, Pass the difference to Profit and Loss Account. 150 97% Bills Receivable, as per List (make out a List and reserve £300) ... Bills Payable, as per List (make out a List) Creditors on Loans and Mortgages, as per List (make out a List) ... Stock (at 1 January, 1890) (Stock at 31 December, 1890, £4.509 10s. 8d.)... Plant and Machinery (write off 73%) Additions to plant and Machinery (transfer to Plant and Machinery; no writing off) Freehold Land and Premises ... Salaries (include in Profit and Loss Account, and so on with remainder of P.L. items) Rent, Rates, and Taxes... Current Expenses (subdivide into Gas, Water, and the Bad and Doubtful Debts (fill in when ascertained) Depreciation Account (fill in when ascertained) Interest and Dividends (add Partners' interest when ascertained) .. Profit and Loss on Investments (fill in when ascertained) Journal of the Institute of Bankers 49 2,000 0 50 51 909 3 35,069 8 10 50000 4 50,506 11 2 60 63 502 12 66 201 26 66 75 77 79 |