=+3. The books of Francis Macarthy, a wholesale dealer in toys, showed the following balances at the

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=+3. •The books of Francis Macarthy, a wholesale dealer in toys, showed the following balances at the close of business on 30th June, 1962:

•Re-printed by courtesy of the Royal Society of Arts (R.S.A.)

54 ACCOUNTING PRINCIPLES AND PRACTICE

£ £

Capital, 1st July, 1961 7,163 Stock, 1st July, 1961 2,795 Purchases 32,329 Sales 43,237 Warehouse Wages 1,625 Office Salaries 1,927 Traveller's Salary and Commission 1,425

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Accounting Principles And Practice

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Authors: S. Hall, N. Skene Smith

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Accounting Principles And Practice

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