An Inductive and Practical Treatise on Book-keeping by Single and Double Entry: Designed for High-schools and Academies: Containing Four Sets of Books by Single Entry, and Seven Sets by Double EntryE.C. & J. Biddle, 1864 |
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An Inductive and Practical Treatise on Book-Keeping by Single and Double ... Samuel Worcester Crittenden No preview available - 2016 |
Common terms and phrases
Account-Current Account-Sales Adventure to Canton Alderney Am't amount ascertain Bank of Commerce Bank of Missouri Bark Phillis Bbls bill of exchange Bill-Book Bills Payable Bills Rec Bills Receivable Bo't capital at starting Cash on hand Cash-Book Cassimeres Charges closing columns Cooperage cost the firm cost value credit side David Harrington Day-Book debit and credit debit side debts Deduct deposited difference Discount Double Entry draft Drayage ELUCIDATIONS entered Entry Book-Keeping favor Faxon firm value firm's folio Hhds indebtedness insolvency inst Insurance Inventory-Book Invoice Joseph Ralston Journal Leger Mayland Merchandise Note partners payment person Phenix Bank picul Pike Co Pork present worth Proceeds produced the firm produced value Profit & Loss Purchase Rec'd Sale of Mdse Sales-Book Sept SET VI Ship Massachusetts Single Entry sold Steamboat Stock Sundries Thomas Harvey transactions Trial Balance value in Bills value in Cash
Popular passages
Page 172 - Thirty days after sight of this first of exchange (second and third of the same tenor and date unpaid...
Page 10 - Deviation, the voluntary departure of a vessel, without necessity, from the regular and usual course of the specific voyage insured, which frees the underwriters from obligation. Discount, any deduction from the stipulated price of goods, or from a sum due or to be due at a future time. Dividend, gains on stock, shares in trade, etc. Dock, a place to build, repair, or lodge vessels. Draft, an order from one person on another for the payment of money; a bill of exchange. Drawer, the one who draws...
Page 174 - That all former acts authorizing the currency of foreign gold or silver coins, and declaring the same a legal tender in payment for debts, are hereby repealed; but it shall be the duty of the Director of the Mint to cause assays to be made, from time to time, of such foreign coins as may be known to our commerce, to determine their average weight, fineness, and value, and to embrace in his annual report a statement of the results thereof.
Page 10 - Bona fide, in good faith. Bond, a note. An obligation or deed by which a person binds himself, his heirs, executors, and administrators, to pay a certain sum on or before a certain day.
Page 60 - The origin of the science of keeping books by Double Entry has been a matter of much speculation by different writers on the subject, but nothing definite can be ascertained respecting it. McCulloch, in his Commercial Dictionary, says " it was first practised in Venice, Genoa, and other towns of Italy, where trade was conducted on an extensive scale at a much earlier date than in England, France, or other parts of Europe.
Page 10 - Counter order, a revocation of a former order. Credit, that side of an account which shows the amount due to the person or thing represented. The amount of confidence reposed in another. Custom-house, the house where vessels are entered and cleared, and where the duties on goods are paid. Days of grace, the days allowed for the payment of a bill after it becomes due. In the United States, and in Great Britain and her dependencies, the number of days of grace is three,- but it varies very much in...
Page 11 - Minimum, the lowest price of an article. Mint, a place where money is coined. Mortgage, the grant of an estate in fee, as security for the payment of money. Mortgager, the person who grants or pledges property, for security of debt. Mortgagee, the person to whom an estate is mortgaged.
Page 10 - III of Lading, a written account of goods shipped, having the signature of the master of the vessel on which shipped. Bill of Sale, a contract, under seal, for the sale of goods. Bill of Store, a Custom-house license for carrying to sea ship-stores and provisions free of duty.