The total amount of the Expense column is $1270: this will be found to agree with the various expense items as entered in the Record. The Discount column No. 25 amounts to $5.14; this is carried to the Record in the second illustration to No. 25. The column for Mdse. Returned to us amounts to $10.00, and is carried to No. 26. Mdse. Bought is No. 28, and amounts to $18021.61. The totals of all the other columns are carried to the Record according to numbers, which brings the total debits and credits of each on the same line.

To some the use of this system may seem cumbersome, and require a great deal of extra labor, but such is not the case. It is true that it requires some extra work and great care, but it saves so much in other ways that everything is in favor of it, while upon each page the exact condition of the business is shown.

If the accounts in the Ledger are classified, or if there are three Ledgers used, one for the customers or Sales Ledger, one for the creditors or Purchase Ledger, and one for the miscellaneous accounts, the use of this book will prove the accuracy of each separately, by a

Classification of Accounts in Condensed Trial Balance.

The accounts of the Ledgers are naturally divided into four classes, viz., 1, Stock, Proprietors' or Partners' Accounts; 2, General Miscellaneous Accounts; 3, Debtors' Accounts; 4, Creditors' Accounts.

Stock, proprietors' or partners' accounts and general accounts. as mdse., bills payable, bills receivable, cash, expense, etc., being limited in number, the difficulty of detecting errors in trial balances arises from the great number of individual accounts. This difficulty is greatly reduced by dividing the trial balance into the above four classes, containing in totals all entries which have been posted to the Ledger. These condensed accounts are opened with the totals of the corresponding balances at the end of the preceding month, or at the beginning of the year, and the entries are made in bulk after posting at the end of each month, directly from the footings of the Combination Check Journal, Sales Book, etc. They are debited for the totals of the debit entries, and credited for the totals of the credit entries, which have been posted from the books of original entry into the four classes of accounts.

The totals of mdse. sold or returned, cash paid out, bills payable issued, etc., to individual accounts, must appear on the debit side, while the totals of mdse. bought or returned, cash received, bills receivable received, etc., from individual accounts, are entered on the credit side of the condensed debtors' or creditors' account, and therefore on the opposite side of the condensed general account.

The balances with which to open these new accounts are readily obtained by taking the trial balance for the previous month and dividing it as follows:

Whenever a creditors' account should result in a debit balance, or a debtor's account give a credit balance, these balances must be deducted from the total of the creditors' or debtors' balances to arrive at the net balances of all creditors' or debtors' accounts. ing is the form of the Condensed Trial Balance :

STOCK OR PARTNERS' ACCOUNT.

The follow

If there should be any errors in the Trial Balance, proceed at once to prove each Ledger separately, by using the above condensed form. It is readily seen that the balances of the Debit Ledger must agree with the difference between the Debtors' debit and credit columns in the Check Journal, with the balances brought forward from the previous month; the balances of the Credit Ledger must agree with the Creditors' debit and credit columns in the Check Journal, with the balances brought forward from the previous month; while the Miscellaneous Ledger must agree with the footings in the Classified Record, Special and Sundry Columns, and such items as might have been posted to this Ledger. Therefore, if an error should appear in the Trial Balance, each book can be proven separately. It proves the correctness of the entries into any of the four classes of accounts. It enables the bookkeeper to locate the error to the different classes of accounts, and also to ascertain if the error is on the debit or credit side.

The Combination Check Journal, Condensed Trial Balance, and the Proof Posting and Ledger Proof System used together, is the best and most accurate system the world has ever seen.

The Invoice Sales Book. This is the greatest labor-saving system that has ever been devised for retailers who render itemized bills at the end of the month.

The following cuts are photo-engraved from originals, and are given to fully illustrate the system. By referring to the first cut, we find an invoice attached to a stub; upon this stub the charges are made direct from the sales-ticket, and at some convenient time during the month, the bills are made from the stubs, and are ready for the customers at any time.

These books can be made to contain full page bills, also to have two, three and four to the page. This can be arranged however, to meet the requirements of the business; if various sizes are required they can be made on loose sheets, punched and placed in a patent binder, as needed; when the bills have all been detached at the end of the month the stubs can be removed and bound permanently, making a book of each month. If only one size is used, they should be made up in books and bound with about 250 sheets, and paged; when the bills have been detached, the covers can be cut off even with the stubs, which will require less space. To use this book, an index is required, and when an account is started upon the stub it is to be indexed therein at The Ledger page is also written on the stub and bill, so that at the end of the month, with the Journal and Cash Book posted, and all tickets charged, you are ready to prepare the bills for the mail, by footing the stubs and bills, the totals of which must agree.

once.