Account Books and Day Books
|
Gathering Evidence In what year is this daybook kept?1848
Did any customers come in to pay their debts?Yes
How can you tell?There is a mark (CR) next to the items they brought in to sell.
What items did customers bring to the store for credit?Feathers and Wheat
What were some of the items sold in the store?Textile goods such as cotton, drilling, ticking, indigo, and needles.
Food items such as tea and molasses. Household goods such as lamp oil and combs. Tools such as axes. Are the items purchased made in the community or brought in from elsewhere? Both, but most were items that couldn’t be produced in the community such as silk, tobacco, and needles
CREATING CONCLUSIONS From the evidence, would you say this was a self-sufficient community?No
Was this a barter economy or a cash economy?This was a mixed barter and cash economy where suppliers and buyers paid their debts through both cash and trade.
|