Inventory Men's clothing $2,240.00 Boys' " 1,200.00 -------- Total Inventory $3,440.00 -------- Total Assets $7,304.20 Liabilities Accounts and Bills Payable Bills Payable 650.00 Henry Weir & Co., Due Feb. 7 450.00 A. Stein & Co., Due March 1 200.00 -------- Accounts Payable 675.00 -------- D. Meyer & Bro. 150.00 Altman & Sons 350.00 Garson & Co. 175.00 -------- Total Accounts and Bills Payable 1,325.00 Total Liabilities 1,325.00 -------- Present Worth 5,979.20 The following transactions are entered on the books: —Feb. 1st— Sold to D. A. Marcus & Son 10 overcoats 7.50 75.00 10 men's suits 6.75 67.50 142.50 -------- —1st— Sold to H. A. Branch 15 boys' suits 3.50 52.50 —1st— Rec'd from Geo. Golden Cash on account 150.00 —2nd— Deposited in 1st Nat. Bank 150.00 —2nd— Sold to John Gorham 10 men's suits 7.00 70.00 10 men's suits 6.50 65.00 $135.00 -------- —2nd— Sold to Larson & Anderson 5 boys' suits 2.75 13.75 10 men's suits 6.50 65.00 78.75 -------- —2nd— Sold for cash Men's clothing 37.50 —3rd— Sold to Tallman & Co. 15 men's overcoats 7.25 108.75 —3rd— Paid 1 month's rent, Ck. No. 1 75.00 —3rd— Received from John Gorham Cash on account 150.00