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" Multiply the amount of the smaller side by the number of days between the two average dates, and divide the product by the balance of the account. The quotient will be the time... "
Bryant and Stratton's Commercial Arithmetic, in Two Parts: Designed for the ... - Page 220
by Emerson Elbridge White, Henry Dwight Stratton, Henry Beadman Bryant, J. B. Meriam - 1869
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An Advanced Arithmetic for High Schools, Normal Schools, and Academies

George Albert Wentworth - Arithmetic - 1898 - 424 pages
...that falls due first by the number of days between the dates of the equated times of the two sides, and divide the product by the balance of the account. The quotient will give the number of days to the maturity of the balance, to be counted forward from the later date when...
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An Advanced Arithmetic for High Schools, Normal Schools, and Academies

George Albert Wentworth - Arithmetic - 1898 - 424 pages
...that falls due first by the number of days between the dates of the equated times of the two sides, and divide the product by the balance of the account. The quotient will giue the number of days to the maturity of the balance, to be counted forward from the later date when...
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Wright's Bookkeeping Simplified: A Complete Encyclopedia of Business Methods ...

Prince Albert Wright - Bookkeeping - 1901 - 378 pages
...transaction matures to their respective average date. Divide the difference in interest thus obtained by the balance of the account ; the quotient will be the number of months from the first of the month on which the first transaction matures or the date on which the...
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The Theory of Accounts

Frederick Samson Tipson - Accounting - 1913 - 234 pages
...on each side of the account. Divide the difference between the sums of the debit and credit products by the balance of the account. The quotient will be the number of days intervening between the asumed date and true date of settlement, counting forward the number of days...
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