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3 To balance such Accts as allow of it; transfer all the
fictitious Acc", except Cash, to Private Ledger; and to state the Balances of all
£ d. Oct. 1 Cash in hand this day
116 2 9 Value of Stock on hand
714 3 4 Cash at Bankers (Smith, Payne & Co.) 543 16 1
2 Sold to J. Bottram :
12 Reams large thick Post at 25s.
10 Accepted Bill drawn by J. Whatman & Co.
for ame of their a/c at 3 mos.
12 Bought of J. Hazeldine 600 lbs. super
60 0 0
15 Paid J. Hazeldine by cheque on Smith,
58 10 0
£60 0 0 21% ...
£ S. d.
1855. Oct. 15 Bought of Joseph Gillott :
200 Gross Magnum B. 88....
79 0 0
29 Paid Joseph Gillott by cheque on Smith,
1 0 0
Recd of Oliveira and Co. their acceptance at
95 0 0
Paid into Smith, Payne and Co.'s
140 0 0 These transactions are to be recorded in the necessary Books, and the Ledger is to be closed and balanced.
C. 1 What distinguishes double entry from single entry ? 2 In the ordinary or Italian system there were formerly but
three books ordinarily used; were they? 3 In a business where goods are bought and sold, payments
received and made in cash and bills, and discount allowed and taken ; what books would be necessary, supposing no waste book to be used, and a separate book to be required for each sort of entries ?
4 A merchant of Sydney remits to me 2001. to lay out on his
account; I am to be allowed 14 per cent. upon all purchases I make, and buy of A 601. worth, B 971. worth, C 201. worth, and pay 141. 10s. dock and shipping charges. What journal entries would be necessary for
properly recording these transactions in my books ? 5 Give a copy of my account as it would stand in the ledger of
my correspondent, after he has entered the same trans
actions. 6 In balancing, how should merchandise / be closed, and on
which side of stock a/should the balance fall to show me
solvent? 7 If you are acquainted with any method of keeping books by
double entry by which the use of a journal is dispensed with, describe it briefly.
D. 1 In what is book-keeping by double entry different from book
keeping by single entry ? 2 In the ordinary system of book-keeping by double entry, what
books are necessary, and which of them is peculiar to it ? 3 A buys goods of B to the amount of 501. : what should be
the entry of the transaction in A's journal, and what
in B's ? 4 If on balancing the ledger the amount on the left hand-side of
merchandise / should be greater than that on the right
hand, should you have gained or lost? 5 How would you close merchandise “l, and profit and loss */ ? 6 Suppose that at balancing you were worth 1,250l. ; that you
owed 9001. (to two creditors A and B, and to each an equal amount); that your stock on hand was worth 6501.; and that your other assets consisted of bills receivable 325l., and accounts owing by C, D, and E, by each an equal amount : What should your ledger balances be to show such a state of affairs?
A. 1 When, and how, was Christianity first introduced and finally
planted in England ? 2 Mention the principal events in the life of Edward I. 3 Under whom were the crowns of England and Scotland first
united ? 4 When did the English power in France come to an end ? 5 When, and how, did Great Britain become possessed of India
and Canada ? 6 Name four celebrated English admirals, with the sovereigns
under whom they lived. 7 What is the Habeas Corpus Act? 8 Give a short account of the life of one of the following great
men: The Black Prince, Marlborough, Lord Chatham. 9 Name the great civil wars which have taken place in England,
and the causes of any one of them. 10 Name the principal battles in the Peninsula, with the years
in which they were fought.
B. 1 Mention some of the original sources from which informa
tion as to English History may be derived. 2 Give the dates of the following events : the Conquest; the
destruction of the Spanish Armada; the Revolution; the accession of King George III. ; the Union with Ireland; and the separation of the Crowns of Great Britain
and Hanover. 3 Trace the descent of the reigning sovereign from King
George I. 4 Name the English sovereigns of the house of Stuart, giving
the dates of their respective accessions. State any particulars which you recollect as to the last effort made by
a descendant of that family to recover the throne. 5 What was the cause of the American War ? How did it terminate ?
6 Give a short account of the life of one of the following great
men :-Cardinal Wolsey, Sir Walter Raleigh, Oliver
Cromwell. 7 Mention some of the methods anciently resorted to by English
sovereigns for the purpose of raising a revenue. What
was the great subject of contest in the time of Charles I.? 8 State roughly the amount of the Public Revenue in recent
years, and the interest of the National Debt. To what period is the origin of the debt assigned, and on what
occasions has it been increased during the last 40 years ? 9 Mention the principal articles now subject to duties of Cus
toms and Excise, and the most important changes which
have recently been made. 10 Into what classes may the Constituencies represented in the
House of Commons be divided ? What class of Bills invariably originate in that House? What are the ordi
nary qualifications of voters ? 11 What is meant by the phrase " International Law?” Men
tion some of the Acts which it prohibits. Whence arises
the difficulty of enforcing it ? : 12 Mention some of the arguments by which the execution of
Mary Queen of Scots is condemned or vindicated.
1 Give a short account of the Crusades. How was the condi
tion of the English people affected by them ? 2 What was the Magna Charta, and when was it signed? 3 Mention the principal events in the reign of Edward III.,
and the date of his accession. 4 What title had James I. to the English throne ? 5 How were the relations of England and Scotland affected by
the Union of the Kingdoms in the reign of Queen Anne ? 6 State the circumstances attending
1 The Defence of Gibraltar.
2 The Bombardment of Algiers. 7 What events led to the independence of the American
States ? 8 Give a short account of the life of one of the following per
sons :-Cranmer, Lord Strafford, Oliver Cromwell.