Metropolitan System of Bookkeeping: Embracing Theory and Practice of Bookkeeping and Accounting for High Schools, Parochial Schools, Academies and All Other Schools Teaching the SubjectMetropolitan Text Book Company, 1916 - 382 pages |
From inside the book
Results 1-5 of 27
Page vii
... JULY . 94 102 PART II XVI . TRADING ACCOUNTS ..... XVII . XVIII . BANK AND SIGHT DRAFTS .. SET VI . AUG . 1-15 . XIX . HOW TO SHIP GOODS . XX . SET VI . AUG . 17-31 . XXI . TIME DRAFTS . XXII . SET VI . SEPTEMBER 1-15 . XXIII . XXIV ...
... JULY . 94 102 PART II XVI . TRADING ACCOUNTS ..... XVII . XVIII . BANK AND SIGHT DRAFTS .. SET VI . AUG . 1-15 . XIX . HOW TO SHIP GOODS . XX . SET VI . AUG . 17-31 . XXI . TIME DRAFTS . XXII . SET VI . SEPTEMBER 1-15 . XXIII . XXIV ...
Page 75
... July 7 . Term of discount , from June 16 to July 7 , is 21 days . The discount ( interest in advance ) of $ 625 , for 21 days at 6 % is $ 2.19 . $ 625 minus $ 2.19 is $ 622.81 , the proceeds of the note . The bank will deduct the $ 2.19 ...
... July 7 . Term of discount , from June 16 to July 7 , is 21 days . The discount ( interest in advance ) of $ 625 , for 21 days at 6 % is $ 2.19 . $ 625 minus $ 2.19 is $ 622.81 , the proceeds of the note . The bank will deduct the $ 2.19 ...
Page 76
... July 6 30 da . July 20 5 % 4 . 130.20 Dec. 31 2 mo . Jan. 24 4 % 5 . 930.00 June 7 30 da . July 1 7 % 6 . 815.40 Aug. 1 60 da . Aug. 1 8 % 7 . 70.00 Nov. 15 15 da . Nov. 25 6 % 8 . 1225.00 June 17 6 mo . July 8 6 % 9 . 450.00 March 8 3 ...
... July 6 30 da . July 20 5 % 4 . 130.20 Dec. 31 2 mo . Jan. 24 4 % 5 . 930.00 June 7 30 da . July 1 7 % 6 . 815.40 Aug. 1 60 da . Aug. 1 8 % 7 . 70.00 Nov. 15 15 da . Nov. 25 6 % 8 . 1225.00 June 17 6 mo . July 8 6 % 9 . 450.00 March 8 3 ...
Page 94
... open commercial or checking accounts with any one that makes a reasonable deposit . But the larger banks insist on an introduction from some one known to the bank . They also insist on an 94 THE BANK ACCOUNT SET V JUNE AND JULY.
... open commercial or checking accounts with any one that makes a reasonable deposit . But the larger banks insist on an introduction from some one known to the bank . They also insist on an 94 THE BANK ACCOUNT SET V JUNE AND JULY.
Page 108
... ( July ) Merchandise Notes Receivable Accounts with customers ( Leave one - third of a page for a new account for July ) . Cash Notes Payable Accounts with creditors ( Leave one - third of a 108 METROPOLITAN SYSTEM OF BOOKKEEPING.
... ( July ) Merchandise Notes Receivable Accounts with customers ( Leave one - third of a page for a new account for July ) . Cash Notes Payable Accounts with creditors ( Leave one - third of a 108 METROPOLITAN SYSTEM OF BOOKKEEPING.
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Common terms and phrases
30 days Accounts Payable Accounts Receivable acct amount Assets and Liabilities Baldwin Apples bill of lading bonds bookkeeper books of entry Bought an invoice Capital Stock cash book Cash Receipts charge closing column commission consignee controlling account corporation cost credit side days after date debit and credit debit side Delivery Equipment Delivery Expense deposit depreciation dividend drawer drayage Enameled Refrigerators entered F. G. Smith Furniture and Fixtures Galvanized Refrigerators indorsement Insurance interest investment January Jonathan Apples journal entry Kitchen Cabinets less discount Machinery Manufacturing month N. Y. draft National Exchange Bank note at 30 Notes Payable Notes Receivable partners personal account Profit and Loss Prove cash purchase book purchase ledger Real Estate salary sales book sales ledger shipment sight draft sold stockholders Subscriptions Terms Trading transactions transfer treasury stock trial balance unexpired voucher check voucher record
Popular passages
Page 152 - It is mutually agreed as to each carrier of all or any of said property over all or any portion of said route to destination, and as to each party at any time interested in all or any part of said property, that every service to be performed hereunder shall be subject to all the conditions, whether printed or written herein contained (including conditions on back hereof) and which are agreed to by the shipper and accepted for himself and his assigns.
Page 152 - ... to its usual place of delivery at said destination, if on its road, otherwise to deliver to another carrier on the route to said destination. It is mutually agreed, as to each carrier of all or any of said property over all or any portion of said route to destination, and as to each party at any time interested in all or any of said property...
Page 155 - ... agrees to carry to its usual place of delivery at said destination, if on its own road or its own water line, otherwise to deliver to another carrier on the route to said destination.
Page 155 - The surrender of this original order bill of lading properly indorsed shall be required before the delivery of the property. Inspection of property covered by this bill of lading will not be permitted unless provided by law or unless permission is indorsed on this original bill of lading or given in writing by the shipper.
Page 155 - Received, subject to the classifications and tariffs in effect on the date of issue of this original bill of lading, at , 191 — , from , the property described below, in apparent good order...
Page 152 - RECEIVED, subject to the classifications and tariffs in effect on the date of the issue of this Bill of Lading, At 19 From the property described below, in apparent good order, except as noted (contents and condition of contents of packages unknown...
Page 293 - A corporation has been defined as "an association of individuals united for some common purpose and permitted by law to use a common name, and to change its members without dissolution of the association.
Page 94 - A check is a written instrument signed by the depositor, ordering the bank to pay a certain sum of money to the order of a designated person.
Page 65 - A promissory note is an unconditional promise in writing to pay a certain sum of money at a stated time.
Page 211 - The total of the Accounts Receivable column is posted to the credit side of the Accounts Receivable...