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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... "
The Crittenden Commercial Arithmetic and Business Manual: Designed for the ... - Page 108
by John Groesbeck - 1868 - 348 pages
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Arithmetic for High Schools: Containing the Elementary and the Higher ...

James B. Dodd - Arithmetic - 1859 - 368 pages
...the Debtor side, and also the Creditor side, of the Account becomes subject to interest (190 or 191). 2. Multiply the smaller side of the Account by the...thus found, and divide the product by the balance, or difference between the Dr. and Cr. sides of the Account. 3. The quotient will be the time the Balance...
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Introduction to the National Arithmetic: On the Inductive System Combining ...

Benjamin Greenleaf - Arithmetic - 1859 - 334 pages
...becoming due. 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 lime of the balance becoming due, counted from the average date of the larger side, BACK when the amount...
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The Science of Double-entry Book-keeping, Simplified by the Application of ...

Christopher Columbus Marsh - Bookkeeping - 1860 - 242 pages
...days that intervene between the day on which it is due and the day on which the larger side is due, and divide the product by the balance of the account ; the quotient will be the number of days that the balance will be due after or before the date of the larger side. 89 days from...
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Bryant and Stratton's Commercial Arithmetic: In Two Parts. Designed for the ...

Emerson Elbridge White - Arithmetic (Commercial), 1861 - 1861 - 348 pages
...side of the account which falls due FIRST by the number of days between tJie dates of equated time, and divide the product by the balance of the account. The quotient will be the number of days to be counted FORWARD from the LATEST DATE when the SMALLER side of the account falls...
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Bryant & Stratton's National Book-keeping: an Analytical and Progressive ...

Henry Beadman Bryant - 1864 - 230 pages
...account; and then multiply the amount eariiest due by the number of days betvxen the aeeraye dales, and divide the product by the balance of the account. The quotient will be the number of days from the latext date, when the balance will aeeraye due ; to be counted FORWARD if the...
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Bryant and Stratton's Commercial Arithmetic: In Two Parts : Designed for the ...

Emerson Elbridge White, Henry Beadman Bryant - Bookkeeping - 1865 - 344 pages
...side of the account. Then divide tJie DIFFERENCE between the sums of the debit and credit products by the balance of the account; the quotient will be the time for consideration. When the difference of products and the balance of the account fall on the SAME...
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The Crittenden Commercial Arithmetic and Business Manual: Designed for the ...

John Groesbeck - Arithmetic - 1868 - 350 pages
...difference between the sum of the products on the debit and the sum of the products on the credit side, by the balance of the account. The quotient will be the time to be counted FORWARD from the date on which the first amount becomes due, when the balance of the account and the...
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Duff's Book-keeping, by Single and Double Entry: Practically Illustrating ...

Peter Duff - Accounting - 1868 - 416 pages
...note 2, p. 68. Then multiply the lewer nido by the time that intervenes botwccu these twe equations, and divide the product by the balance of the account; the quotient to the time to count back or forward. If the balance is on the side of the earliest equation, сoиxr...
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Bryant and Stratton's Commercial Arithmetic, in Two Parts: Designed for the ...

Emerson Elbridge White, Henry Dwight Stratton, Henry Beadman Bryant, J. B. Meriam - Business mathematics - 1869 - 348 pages
...rule:—Multipiy the smaller side of the account by the numher of days hetwecn the dates of equated time, aud divide the product by the balance of the account. The quotient will he the time for consideration. From the equated date of the larger side, count PORWARD when that side...
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The Crittendon Commercial Arithmetic and Business Manual: Designed for the ...

John Groesbeck - Business mathematics - 1871 - 370 pages
...time for the settlement of an account when there are both debit and credit amounts. RULE I. — 1. Find the time when due for each side of the account...product by the balance of the account. The quotient will Le the time to be counted from the date of the larger side. If the LARGER side of the account falls...
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