eune Me. J. &. Ruesell, Browning St. Dear 19359 Vice-President, Arms Company, Louie, Bissouri. John: the transfer Company to ventory on June 21, 1939, J. MH. & M. the beoks of the you state that Mr. of Ogden, dated letter In your to 24, Benner relative 8. feels Browning should he take o physical inventory before sending the books to inasmuch as it is normal procedure to take a physical July let we with agree you, and with Ogden. in- Benner, Mr. that the tranefer can be delayed for one month in order that We believe that it the physical inventory can be checked. booke for the the to entries all make to would be better the transfer delay words, other in month of June 1939 or, The books will then be forwarded ag planned for one month. to Ogden sometime during the forepart of July 1959 with any audit or other adjustments necessary recorded upon them. balance of There are three the J. M. & M. S&S. items shown upon Browning Company the trial ase of Aprii 30, 1939 which were discussed at the time we were Louis. These accounts and the balances shown are lows: in as " Unfinished Barreis $31.! 30 @ 306. 0 . Superposed Parts eh2k. 50 Inventory~Val A. Browning St. fol- We discussed these items yesterday with Messrs. Varriner and Val Browning and it was decided to sharge them Mr. Benner will kindiy eff during the month ef June 1939. arrange to place the proper entries upon the beoks adjust- ing these accounts. With kind regards, Very GMB ic ec ce Mr. Mr. M. A. A. J. Browning Benner truly yours,