Cash Book No. 1. (Entries to be made here on the supposition that I keep no Ledger Account for my Bankers, but treat “ Cash in Hand,” and “ Cash at Bank,” as equivalent.) Cash Book No. 2. (Entries to be made here on the supposition that I keep a Separate Ledger Account for the Money at Bank.) Cash Book No. 3. (Entries to be made here on the supposition that I keep no Ledger Ledger Account for my Bankers, but treat" Cash in Hand," and " Cash at Bank," as equivalent.) Bank. Cash. Bank. Cash. Cash Book No. 4. (Entries to be made here on the supposition that I keep a Separate Ledger Account for the Money at Bank.) Bank. Cash. Bank. Cash. No. V. Like No. II., but with different names, amounts, &c., and with the following questions substituted for the 5th and 7th : (a) State all the particulars in which the check on the accuracy of the books which is gained by the system of Double Entry is a deficient one. (b) Does the system of Double Entry serve any other good purpose besides affording the check alluded to in the last question? (c) A. would journalize certain transactions as follows: 99 B. would make the following entries for the same transactions: Cash Dr. to sundries Jan. 1. To John Smith £ s. d. 50 06 William Brown 155 0 0 James Morrison 63 10 0 £ S. d. £ s. d. 50 0 6 C. would make the following Cash Dr. to sundries, 2681. 10s. 6d. Why is the method of A. inferior to that of B. and C., and why is that of C. to be preferred to that of B? No. VI. Like No. II., but with different names, amounts, &c., with the omission of questions 5 and 7, and the addition of question (c) of No. V. ACCOUNTS AND BOOK-KEEPING. Set to candidates for Clerkships in the Colonial Office and for Ceylon Writerships. 1. Choose paper for a journal (ruling additional columns if you require. any), and enter in it the following transactions: 2. Choose paper for a ledger, and post into it from the journal entries so made. 3. The Cr. side of my cash book has the highest total; what conclusion would a knowledge of this fact lead you to? 4. The total of the amounts on the Dr. side of my ledger at the end of the year is 106,5091. 5s. 4d.; the credit side of stock / is 3,2091. 7s. 6d. ; and the debit side 2,1057. 4s. 9d.; the credit side of profit and loss /. is 6177. 2s. 4d.; and the debit 8191. 3s. 6d. (u) Am I solvent or insolvent, and to what extent? (c) What is the total of the amounts on the credit side of my 5. Give as complete account as you can of the process of balancing and closing a set of books kept by double entry. You may take any "system" with which you are acquainted, describing it accurately. 6. What errors may remain undetected in a ledger which has been "balanced?" 7. At balancing my books I discover the following errors. Show how they are to be rectified, taking note that no ledger entries will be allowed which are not direct posts from journal entries. (a) I have posted 247. to the Cr. of John Jones from the journal entry, "Cash Dr. to John Jones 231." (b) I have posted 521. to the Cr. of goods, and the Dr. of John Smith from the journal entry, "John Smith Dr. to Cash 521." (e) I have journalized "Johnston and Co. Drs. to cash 421." when the amount should have been 1427. 10s. 8. Enter the following transactions into each of the four forms of cash book given to you, according to the instructions given on them : 1860. John Rea paid into my account at 7. Paid Johnston and Co. 1,000 25 10 0 PREPARATION OF ACCOUNT-STATES. Set to Candidates for the Accountant-General's Branch of the War 1. The handwriting should be free from flourishes, compact (i.e., not occupying much space on the line), and with every letter distinctly formed. 2. The figures should be correctly formed, and kept properly under each other. 3. Care should be taken to copy names, dates, and other particulars with perfect correctness. Read the following list of transactions. 1860. Jan. 1. Bought of Jacob Bell, wine 3. Shipped to Robert Douglass of Calcutta, per 66 Pearl," Capt. Jones, for sale on my account, the wine purchased of Jacob Bell. 1860. Jan. 4. Paid Johnstone & Co. on account of Robert 5. Accepted bill drawn on me by Robert Douglass with him a draft on Robert Douglass 35 2 7 350 0 0 1,300 5 4 Paid James Wilson on account of Robert Paid shipping charges on wine per "Pearl" 9. Drew bill on Robert Douglass, and handed it to 11. Paid Johnstone & Co. on account of Robert Received of Burnett & Co., proceeds of sale of 11. Paid Roberts, Samuels, & Co. on account of 20. Paid Jacob Bell my further draft on Robert Douglass 700 10 0 Feb. 3. Accepted Douglass' draft on me in favour of 12. Paid James Johnson on account of Robert Douglass April 7. Bought of Roger Simpson, brandy 8. Shipped for Calcutta per "Lady of the Woods," 9. Paid shipping charges on brandy 10. Paid to Roger Simpson my draft on Robert May 10. Paid John Wilson & Co. on account of Robert Douglass June 7. Received advice from Robert Douglass that he 18. Bill of 800l. accepted in favour of Sampson & Co. due this day not paid by me. 19. Stopped payment. 132 9 8 1,219 3 2 27 2 6 1,200 0 0 19 3 2 800 0 0 47 13 11 Prepare a statement of the account between me and Douglass as it stands on June 19, giving full particulars as to each amount charged and credited. It may be assumed that Douglass will not accept the bill of April 10, and that the brandy per "Lady of the Woods" is worth cost price. [Other papers of this character have been used, but as they only differed from the above in having different names, amounts, &c., it has not been considered necessary to print them.] EXERCISE IN HANDWRITING. Set to all Candidates except Letter-carriers and Rural Messengers in the Post Office. No. 1. Copy the accompanying passage. This Exercise is intended to test Handwriting and Correctness in Copying. At the time to which I have now brought down our history, there were roads, and houses, and towns; the houses not, perhaps, exactly like those we at present see, but still comfortable dwellings. The people had learned most of the useful arts; and, though probably their tools and machines were clumsy and ill-contrived, still they tilled the ground and wove clothing, and most of the arts of life began to be cultivated. They universally wore woollen clothes; some few of the rich had also linen; and the skins of animals were chiefly used for bedding. The oldest kind of cloth was a sort of plaid, such as we see in the Scotch tartan at this day. Clothing at first seems to have consisted of one large piece of cloth, thrown loosely round the body; but in Alfred's time our ancestors had found out the convenience of having clothes made to fit their bodies and cover their limbs. The arts of reading and writing were now practised, though chiefly confined to the monks; so that the country was in a very different state from that in which we first began our history. Christianity had also recovered from its early blight, and flourished ever since the time of St. Augustin; and when Alfred began to reign, it was the professed religion of the country. No. 2. Copy the accompanying passage. This Exercise is intended to test Handwriting and Correctness in Copying. Had the Plantagenets, as at one time seemed likely, succeeded in uniting all France under their government, it is probable that England would never have had an independent existence. Her princes, her lords, her prelates would have been men differing in race and language from the artizans and the tillers of the earth. The revenues of her great proprietors would have been spent in festivities and diversions on the banks of the Seine. The noble language of Milton and Burke would have remained a rustic dialect, without a literature, a fixed grammar, or a fixed orthography, and would have been contemptuously abandoned to the use of boors. No man of English extraction would have risen to eminence except by becoming in speech and habits a Frenchman. England owes her escape from such calamities to an event which her historians have generally represented as disastrous. Her interest was so directly opposed to the interest of her rulers, that she had no hope but in their errors and misfortunes. The talents and even the virtues of her six first French kings were a curse to her. The follies and vices of the seventh were her salvation. |