14. Name three or more subdivisions of sales expense, and explain what items are properly included in each. 15. Why are check registers taking the place of the old style check book? When a check register is used, how are the checks kept? 16. What is a cash received book, and for what purpose is it used? 17. Complete the exercise given at the end of Art. 29, Page 42. 18. What is your understanding of the meaning of the terms _commission_ and _brokerage_? What is the distinction between a commission merchant and a merchandise broker? 19. What is a manufacturer's agent, and how does his business differ from that of a commission merchant or broker? 20. By what term is a consignment of goods to a broker known on the books of the shipper? In what name is an account opened to represent the consignment? 21. How is the above account made up? When is the account closed, and to what account is the balance transferred? 22. What is an _account sales_? When an account sales is received without a remittance, what account should be opened, and what does it represent? 23. When a broker receives a shipment of goods to be sold on commission, by what name is it known on his books? In what name is an account opened? 24. If a broker renders an account sales without a remittance, to what account should he credit the net proceeds? Why? 25. If a broker has on hand any unsold consignments when his books are closed, do the accounts represent assets or liabilities? How would you determine the broker's liabilities on account of consignments? 26. Name the books used by a produce shipper, and explain how each is used. 27. What is a _shipment ledger account_, and how is it made up? What is a _profit and loss on shipments account_? 28. In what way does the journal used by a shipper differ from the one used by the average merchant? 29. How is the trading account of a shipper made up? 30. Prepare trading and profit and loss accounts called for in Art. 48. 31. Name and describe the uses of the books used by a commission merchant. 32. Prepare trading and profit and loss accounts, and balance sheet called for in Art. 57. 33. What is a storage business, and for what purpose is it conducted? 34. What is a warehouse receipt, and what does it represent? 35. Explain what is meant by _simple storage_, and _average storage_. REVIEW QUESTIONS ON THE SUBJECT OF SINGLE ENTRY—COMPARATIVE STATEMENTS 1. What is the distinctive feature of single entry bookkeeping? In what respect does single entry fail to fulfil the functions of bookkeeping? 2. What books are usually used in single entry? How does the single entry cash book differ from that used in double entry? 3. In posting, what features distinguish single entry from double entry? 4. How can the accuracy of single entry books be proved?