[Illustration: Opening Entry in Journal] [Illustration: AIR-LINE MEAT-CARRYING SYSTEM FOR A LARGE RETAIL MARKET Lamson Consolidated Store Service Co.] When the proprietor withdraws money or goods from the business for his personal use, the amount may be charged to his investment or proprietorship account, or to a personal account (Wm. Webster, Personal) opened in his name. The latter method is recommended by some writers for the reason that the proprietor's personal expenses, or those of his family, are then separated from the expenses or capital expenditures of the business. As a customer of the business, he is placed on the same basis as any other individual. But the personal account must be closed some time; he must pay it in cash, or close it into profit and loss so that it finally operates to reduce his net investment. It appears, therefore, that the question whether withdrawals are charged to the investment or a personal account is largely a matter of personal preference. =8.= The opening entries having been made, the books are now ready for the recording of the regular transactions of the business. The following transactions are shown in the model set, but the blotter is omitted, all transactions being entered in the journal and cash book. The sample page of the blotter described in Article 3 is sufficient to illustrate its use. SAMPLE TRANSACTIONS =9.= --Nov. 21-- Sold to Henry Norton on account, 10# sugar .05½ $.55 2 cans corn .25 1 can peas .15 3# rice .30 ------ 1.25 --Nov. 21-- Sold to John Smallwood on account, 5# butter 1.00 4# lard .50 1 doz. eggs .25 ------ 1.75 --Nov. 21-- Cash sales 14.10 --Nov. 22-- Sold to Harry Webster on account, 7 bars Lenox soap .25 1 pkg. gold dust .20 matches .15 ¼ bbl. flour 1.35 ------ 1.95 --Nov. 22-- Bought for cash 10 doz. eggs .21 2.10 --Nov. 22-- Cash sales 11.27 --Nov. 23-- Bought from H. Klink & Co., Buffalo, N.Y., on account, 278# hams .11 30.58 200# lard .07½ 15.00 ------ 45.58 --Nov. 23-- Sold to F. W. Bradley on account, 2 bu. potatoes 1.60