(Read the chapter on Cash and Personal Accounts, pages 177-179.) 1. What is meant by a cash account? 2. Write the following accounts, ruling your page properly, and balance each. Supply dates. a. Receipts Sale of old newspapers and magazines, 20¢; sale of tin foil, 15¢; receipts for running errands, 20; allowance from mother, 20¢; gift, 10¢. Payments - For pencils, 5¢; for theater, 22¢; for candy, 15; for toys, 18¢. b. Receipts -On hand from last week, $1.60; from aunt, 25¢; from storekeeper, 25¢; from odd jobs, 80¢; from printer, 15¢. Payments-Thrift Stamps, 50¢; Red Cross, 25¢; theater, 33¢; candy and toys, 26¢. 3. As treasurer of the Onward Club write the cash account for the following months: June: Receipts Cash on hand, $17.60; dues, $8.40; gifts, $3.20; entertainments, $9.75. Payments - Printing, $1.80; stationery, $1.20; re- July: Receipts -Cash on hand, —; dues, $7.60. Aug. Receipts -Cash on hand, -; dues, $6.50; entertainment, $10.25. Payments Refreshments, $4.50; postage $.50. Mr. L. Goodhart was a manufacturer of skirts and dresses. 1. For one model of dress he used 6 yd. of cloth @ $2.50, 3 yd. of lining @ $.60, and findings, $.50. The labor cost dress was $3.20. At what price did he sell a dozen dresses if he made a profit of 75%? per 2. How many yards of cloth did he need for 24 doz. dresses of this model? how many yards of lining? 3. Petticoats, Lot No. 210, each required 5 yd. of taffeta silk at $2.40 a yard, 5 yd. of insertion at $.32 a yard, and findings, $.38. The labor on each petticoat cost $1 and the overhead expenses amounted to 10% of the cost of the material. Find the total cost per petticoat; per dozen petticoats. 4. If the sale price of a dozen petticoats, Lot No. 210, was $273, what was the per cent of profit? 5. Mr. Goodhart employed a traveling salesman to sell on a commission of 8%. His commission for last year at this rate amounted to $4800. What was the amount of his sales? 6. On May 5 Mr. John Steers bought a bill of goods amounting to $850; Terms: 6/30, 5/60. He paid with a check on June 2. What was the amount of the check? Write the check. 7. Mr. A. Lambert bought a lot of goods for $1200 on June 8, paying with a note for the amount, due in 90 days. Mr. Goodhart had it discounted July 1 at 6%. How much did he receive for it? 8. Mr. Goodhart imported from France 20 pieces of dress silk, each 15 yd. long, valued at 3 francs per yard. After paying a duty of 60% on them, what was the total cost in United States money? (Use the approximate normal value.) 9. Last October he found it necessary to borrow money from his bank. He gave his note for $4000, dated Oct. 9, due in 3 mo., which the bank immediately discounted at 6%. How much did he get for the note? 10. His total sales for the year amounted to $150,000. If his net profits amounted to 83% of the total sales, what were his net profits? 11. At the end of the year he took inventory and found he had 120 yd. of odd pieces of silk which he could no longer use. This silk had cost him $2.40 a yard. He sold all at a loss of 121% How much did he receive for it? 12. If he sold all his goods on terms of 7/10 or 5/30, how much was the discount allowed on the following bills, paid within 10 da.? The measuring of lines, surfaces, and solids is called mensuration. Lines A line has but one dimension, length. Lines that are equally distant from each other, and that will never meet, no matter how far extended, are called parallel lines. 1. Name several objects in your room that have parallel lines. 2. Show which lines are parallel on this page; on your blackboard; on the door. 3. Draw two parallel lines one inch apart. 264 4. Draw four parallel lines inch apart. 5. Tell which of these figures have parallel lines : (a) (c) (d)(e) (b) Angles When two straight lines meet they form an angle. The angle is the amount of opening between the two straight lines that meet. The size of the angle depends on how far apart the lines are. We measure angles in degrees. The symbol for degree is °. Thus, 90° means 90 degrees. When you studied the shape of the earth you learned that there are 360° in the circumference of a circle. In the figure of the circle, the angle ACB, formed by the lines AC and CB, is 90° because it is one fourth of the circle. An angle of 90° is called a right angle. figure. Two lines forming a right angle are said to be perpendicular to each other. CIRCUMFERENCE E C CENTER Thus, line AC is perpendicular to line CB, and to line EC. B |
