Book-keeping Rationalized: Adapted to All Kinds of Business, -personal and Partnership Commission and Corporate. Together with Entirely New and Rapid Methods of Computing Interest, Exchange, Averaging Accounts, Etc. ... |
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Common terms and phrases
00 Cash account current Acct Am'ts Auburndale Balance of Interest Balance on hand Bank of Commerce bbls Berbice Bill Book bill of exchange Bills Payable Bills Receivable book-keeping Boston bought Cash Book Cash for Merchandise cash received cent centimes Check Chelsea column Comer's College Bank compound interest compute interest Consgt Consignment Dane Daniel Davis Daniel Defoe Day Book debt decimal Defree denominator deposited discount dollars draft entry Estate at Brookline Expense Farm in Watertown February Felix Zahnt Fitchburg R. R. Stock fraction Freight George N Henry Underwood Insurance Invoice James Brown January July Ledger March Mdse merchant months multiplied Naylor Note Paid Cash payment premium Profit & Loss Real Estate Received Cash Sales of Merchandise Ship Sultana sold total amount TRIAL BALANCE Vaughn Lloyd vulgar fraction Western R. R. Stock whole amount whole number
Popular passages
Page 109 - Compute the interest on the principal sum, from the time when the interest commenced to the first time when a payment was made, which exceeds either alone or in conjunction with the preceding payment...
Page 100 - Multiply the numerators together for a new numerator, and the denominators together for a new denominator.
Page 148 - ... remitter; the person on whom it is drawn, the drawee; and after he has accepted, the acceptor. Those persons into whose hands the bill may have passed...
Page 108 - ... to keep down the interest ; but the interest is never allowed to form a part of the principal, so as to carry interest.
Page 109 - ... is not to be used when the interest exceeds the payment ; for the effect, in such case, would be to give compound interest, which the law does not allow.
Page 5 - ... books, nor to make out the country accounts, nor to write the letters, nor to fill the office of secretary. " You ought to be careful to write a plain hand. You impose upon your correspondents a very unnecessary and a very unpleasant tax if you require them to go over your letters two or three times in order to decipher your writing. A business hand is equally opposed to a very fine hand. A letter written in fine elegant writing, adorned with a variety of flourishes, will give your correspondent...
Page 147 - A statement shewing the amount due by one person to another for goods, cash, &c. Accounts are kept under their several titles in the Ledger, from which they are copied when required.
Page 137 - ... to be equal in weight and fineness to the Spanish. The difference in the price of Spanish and Patriot doubloons, and of the different species of dollars, at New York and Philadelphia, is chiefly owing to difference of demand for them in foreign markets. In the price currents, $4.44* are assumed as the par of exchange on England. This practice began when the Spanish pillar dollars were in circulation, and when the market value of gold, compared with silver, was less than it is at present. The...
Page 99 - Let it, however, be firmly impressed on the mind, that all quantitics whatever, liaving the fractional form, represent the quotient resulting from the division of the numerator by the denominator : the importance of this will be seen as we proceed.
Page 6 - ... and also that the top of his 4 does not reach so high as to turn a 0 in the line above it into a 9. He should be careful, too, in putting his figures under one another, so that the units shall be under the units, the tens under the tens, the hundreds under the hundreds, and the thousands under the thousands. Otherwise, when he adds up the columns together, he will be in danger of making a