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J. M. Goad and Company Ledger, 1881. Local government records collection, Lynchburg (Va.) Court Records. The Library of Virginia, Richmond, Va. 23219.
This item came to the Library of Virginia in shipments of court papers from Lynchburg.
J. M. Goad and Company operated a general store in Lynchburg, Va., during the late nineteenth century.
J. M. Goad and Company Ledger, 1881, records the financial activities of the general store and the accounts of individual customers. Information found in each customer account include the customer name, date of purchase, cost of items purchased, and monies debited or credited to the account. Purchases were not detailed but rather were listed either as the notation "to merchandise" or as "to sundries." The general store accepted cash, barter, and work as payments toward outstanding accounts. The financial activities of the general store were tracked through merchandise accounts, cash accounts, bills receivable, and commission accounts. Information found in these accounts include names of customers or businesses and the amounts either paid or received. A store expense account tracked payments for items such as postage, gas, and taxes. The accounts in this volume were carried over from an unidentified ledger.