months Received of James Browne ∞00 Hector Murray paid into my account at bank 200 0 0 2. Why is "book-keeping by double entry" so called? 3. (a) What check upon the correctness of the books is furnished by "double entry?" (b) How far is this check incomplete? (c) Has the system any further advantages? 4. Rule paper for a journal, and journalize the transactions given in question 1. 5. Rule paper for a ledger, and post into it from the journal made in answer to the last question. 6. Describe the mode of balancing a ledger, giving an account of all the transfers which must be made, and stating, when it is possible, to which side each balance will be transferred. 7. Divide the following of my ledger accounts into groups according to their nature, assign to each group a name (if you are able to do so), and state for each group in what particulars the accounts included in it agree :— Cash, profit and loss, John Jones, stock, Great Western 8. Give the journal entries for the following transactions: Jan. 15. Paid duty on 1 pipe port for John Smith £ s. d. 50 0 0 50 4 0 G 90 PREPARATION OF ACCOUNT-STATES. Set to Candidates for the Accountant-General's Branch of the Read the following list of transactions :— Jan. 1. Bought of Jacob Bell, wine 3. Shipped to Robert Douglass, of Calcutta, per 4. Paid Johnstone & Co. on account of Robert £ S. d. 5. Accepted Bill drawn on me by Robert وو Paid James Wilson on account of Robert Paid shipping charges on wine per "Pearl' 11. Paid Johnstone & Co. on account of Robert Received of Burnett & Co. proceeds of sale 1317 11 10 Feb. 3. Accepted Douglass' draft on me in favour of 12. Paid James Johnson on account of Robert Mar. 1. Paid Robert Thomason on account of Robert Apr. 7. Bought of Roger Simpson, brandy Paid Roberts, Samuels, & Co., on account of 82 Apr. 8. Shipped for Calcutta per "Lady of the 9. Paid shipping charges on brandy 10. Paid to Roger Simpson my draft on Robert 15. Accepted draft of Robert Douglass in favour May10. Paid John Wilson & Co. Robert Douglass . on account of 47 13 11 June 7. Received advice from Robert Douglass that 18. Bill of £800 accepted in favour of Sampson 19. Stopped payment. Prepare a statement of the account between me and Douglass as it stands on June 19, giving full particulars as to each amount charged and credited. It may be assumed that Douglass will not accept the bill of April 10, and that the brandy per Lady of the Woods" is worth cost price. 66 EXERCISES IN HANDWRITING. (Used in Examinations which are not Competitive.) Copy the following Paper in your best Handwriting, or as much as you can in half an hour. N.B.-Good Handwriting is held to consist chiefly in the clear formation of the letters of the Alphabet. According to the returns of live stock, there were £600,693 horses in Ireland in 1857, being an increase over the number enumerated in the previous year of 27,285; of which, 16,606 wore Year ended 29th Sept. : horses used for agricultural purposes, 2,466 for traffic and manufactures, 2,469 for amusement and recreation; 1,779 were yearlings and 3,956 under one year old. Cattle increased by 30,686 between 1856 and 1857; the number returned in the latter year being 3,618,544 of these, 1,602,908 were milch cows, 801,875 two years old and upwards, 616,015 were under one year old, and 597,746 were one year old and under two years. These last decreased in 1857 by 23,361 compared with the same class in 1856. Pigs increased 333,627 since 1856; the number for that year having been 918,525, and for 1857, 1,252,152. The increase is made up of 34,037 one year old and upwards, and 299,590 under one year. Sheep show a decrease of 245,618 in 1857, of which 119,391 were ewes, 41,714 tups and wethers, and 84,513 lambs. The decrease in sheep may, I conceive, be attributed to a satisfactory cause- -their increased exportation, which is now so much facilitated by railway communication. No. 2. Used in Competitive Examinations. The following tabularized account of the admissions to the workhouse during the last year, in comparison with those of the two preceding years, shows that the recent increase in the proportion of cases admitted in sickness is still kept up, and that the usefulness of the workhouses in their character of hospitals, both for acute and chronic disease, continues to be recognised by the poorer part of the population. With regard to those poor persons who, having become destitute through sickness, or who, having contracted dangerous contagious disease, either resort to the workhouse for curative treatment, or enter it as a permanent asylum, it has always been the desire of the Commissioners to remove, as far as practicable, every prejudice against this form of relief which may exist, from any cause, in the minds of the lower classes. DICTATION. [In writing from dictation, candidates are cautioned by a notice printed at the top of the paper on which they write, that "attention should be paid to clear and legible handwriting, to correct spelling, and to proper punctuation."] If the importance of the subjects of which it treats be any test of the interest of a science, Political Economy will be found to have the strongest claims on the public attention. It points out the means by which the necessaries, comforts, and enjoyments that constitute wealth may be most easily and cheaply produced; it ascertains the laws by which they are divided among the different classes of the community, and the mode in which they may be most advantageously consumed. Its intimate connexion with all the best interests of mankind is consequently obvious. No other science comes so directly home to our every-day occupations and business. The consumption of wealth is indispensable to existence, but the eternal law of Providence has decreed that it can only be procured by industry;-that man must earn his bread in the sweat of his brow. This two-fold necessity renders the attainment of wealth the principal object of the exertions of the vast majority of the human race; it has subdued the natural aversion of man from labour, giving activity to indolence, and armed the patient hand of industry with zeal to undertake, and perseverance to overcome, the most irksome and disagreeable tasks. Such being the circumstances under which society is placed, the science which teaches how the production of wealth may be most effectually promoted, and which also unfolds the principles that govern its distribution, must certainly deserve to be carefully studied and meditated. There are none to whom it can be considered extrinsic or superfluous. Even the few who, having inherited ample |