An Introduction to Merchandize: Containing a Compleat System of Arithmetic. A System of Algebra. Book-keeping in Various Forms. An Account of the Trade of Great Britain, and the Laws and Practices which Merchants are Chiefly Interested in ...author, 1777 - Business mathematics |
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An Introduction To Merchandize. Containing A Complete System Of Arithmetic ... Robert Hamilton No preview available - 2023 |
An Introduction to Merchandize. Containing a Complete System of Arithmetic ... Robert Hamilton No preview available - 2018 |
Common terms and phrases
accompt acres alfo Amfterdam amount anfwer annuity balance Barbadoes barley becauſe bill bolls bought Cafb Cafb Dr cafe Cafh cafks caft cargo cent charges coft column commiffion compleat confifts contains cyphers debts decimal denominator ditto divide dividend divifion divifor ducats equal exchange expence exported fales fame fecond feet feven fhall fhare fhillings fhip fhould fide filk fince firft firlots flax fold folid fome fometimes fquare freight ftones fubtract fugar gain or lofs inches increaſed infurance intereft James laft ledger lefs London Madeira wine meaſure merchant merks Scots minuend moidores muft multiply muſt neceffary nett paid payment pence perfon Port wine pounds prefent Profit and Lofs purchaſed purpoſe quantity quotient ready money reafon received reduced remainder Required rixdollars rule ſhip Sundries Drs thefe theſe Udney uſed Voyage vulgar fractions whofe yards
Popular passages
Page 3 - The ßoci account contains on the Dr. the amount of the debts which the owner owes when the books are opened ; and on the Cr. the amount of ready money, goods, debts, and property of every kind belonging to him : therefore the balance (hows what his nett ftock is ; or, in cafe of bankruptcy, how much his debts exceed his effefls.
Page 21 - Cancel errors, by drawing a line lightly through them, so that the old writing may still be legible ; by which it will be evident, that the book has not been vitiated for a fraudulent purpose.
Page 2 - Goods bought are entered in the fame manner, and goods fold are entered on the Cr. fide ; the quantities and values being placed in the proper columns. •Charges 'laid out on goods are entered on the Dr. fide ; and, when an incidental advantage arife» from them, fuch as public bounty, it is entered on the Cr.
Page 1 - During the courfe of the bufinefs, goods fold on truft, money paid, and every thing for which they are accountable to him, is entered on the Dr. ; but goods bought on truft, money received, and every thing for which he is accountable to them, is entered on the Cr. The balance...
Page 13 - ... fenfe of the words Dr. and Cr. has an analogy to their meaning in common language, but is not precifely the fame. Thus in Ex. i. Rule VIII. the Journal-entry is, Bank of Scotland Dr. to James Goldfmith ; by which we are not to underftand that the bank is indebted to James...
Page 7 - ... debited and credited are inferred from the arrangement of the ledger. The thing received, or the person accountable to you, is debtor ; the thing delivered, or the person to whom you are accountable, is creditor ; thus: 1. The person to whom anything is delivered is debtor to the thing delivered when nothing is received in return. Therefore, when money is paid, the receiver is debtor to cash ; when goods are sold upon credit, the purchaser is debtor to goods. 2. The thing received is debtor to...
Page 22 - ... convenient, to the outer column ; and, as you go along> add the Cr. in the "fame manner. If the fum total of both fides be equal, it gives a prefumption that the books are right ; if they differ, there is certainly fome miflake.
Page 13 - And if thefe were pofted to the leger, there would be two articles placed to the Dr. of William Drapier, one to the Cr. of Cloth, and one to the Cr. of Wool. But the fales may be entered in the form of one complex journal poft, as follows : William Drafter Dr.
Page 19 - Then enter the article on the left-hand page of the account under the title of the former article, by writing the date on the margin, and the name of the creditor on the line, with the word To prefixed, and a...
Page 217 - And in division, subtract the logarithm of the divisor from the logarithm of the dividend, the remainder is the logarithm of the quotient.