potatoes 30c, 1 can peaches 25c. 6 lbs sugar @ 5c. Cash sales,

$66.75.

19th-Sold Henry M. Hunt on Acct., 1 bbl flour $4.75, 1 gal molasses 75c, 2 bu apples @ $1.25, 4 lbs butter @30c, 1 can blackberries 25c. Cash sales, $60.10.

20th-Cash sales, $64.90.

21st-Sold Mrs. Chas. S. Brown on Acct., 2 bu apples @ $1.25, 1 bbl flour $4.75, 2 lbs butter @31c, 2 doz eggs @ 18c, 1 gal molasses 75c. Cash sales $71.50.

22d-Bought of James S. Kirk & Co. on Acct. Mdse. per Invoice, $74.60. Cash sales, $70.00.

23d-Sold Mrs. Frank L. Hall, 6218 Indiana Ave, on Acct., 1 bbl flour $4.80, 1 bu potatoes $1.00, 1 peck apples 30c, 1 broom 30c, 2 lbs chocolate @ 18c, 2 doz eggs @ 18c. Cash sales, $75.00. Payroll for week, $30.00.

25th-Cash sales, $70.60.

26th-Bought of Barnett Bros. for cash, Mdse.. $32.50. Cash sales, $71.80.

27th-Cash sales, $74.00.

28th-Cash sales, £68.75. Payroll to Feb: 28th, $21.00. Sold Mrs. James A. Parker on Acct., 1 bbl flour $4.75, 2 bu potatoes @81.10, 4 lbs butter @30c, 1 doz eggs 18c. Gave our note, 30 days, to Sprague, Warner & Co. for Bal. due, $721.60.

Closing the Books.-The Trial Balance has been taken

which proves that the Ledger is in Balance. An Inventory is now made with results as follow:

1st. Place the Invts. of Mdse., Horses and Wagons and Furniture and Fixtures, to the Cr. of their respective Accts., writing in red ink the date, Bal. Invt. and the Amt.

2d. Close the three Accts., Mdse,, Furniture and Fixtures and Horses and Wagons by writing Loss and Gain on the smaller side in red ink with the page of the Loss and Gain Acct. Close Expense Acct. same as above. All Accts. that show Loss or Gain are closed the same way.

3d. Transfer these Loss and Gain red ink items to Loss and Gain Acct. in black ink.

4th. Close Loss and Gain Acct. by writing the proprietors' names on the smaller side in red ink for each one's share of the Gain or Loss. Transfer this Gain or Loss to the proprietors' Accounts in black ink. Gain to the Cr. of the Acct., Loss to the Dr.

5th-Close the proprietors' Accts. by writing Bal. on the smaller side in red ink for the difference.

6th-Rule up the Accts. you have closed, and bring down the Balances, and you are ready to continue the work.

The Statements.-The statements of Assets and Liabilities, Losses and Gains and of the Proprietors' Accts. may be made either before or after the books are closed. If made before closing they give all the figures necessary to closing, if made afterward the figures can be obtained from the Ledger.