New Modern Illustrative Bookkeeping: Introductory CourseAmerican Book Company, 1918 - 152 pages |
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Page 19
... Day to the order of First National Bank Robert J. Fowler The following illustrates a form of a negotiable interest ... Due Mar 29,19— Edwin R. Hilman , A time draft drawn in favor of a business or 20 NEW MODERN ILLUSTRATIVE BOOKKEEPING.
... Day to the order of First National Bank Robert J. Fowler The following illustrates a form of a negotiable interest ... Due Mar 29,19— Edwin R. Hilman , A time draft drawn in favor of a business or 20 NEW MODERN ILLUSTRATIVE BOOKKEEPING.
Page 24
... due to - day . 24 We receive note at 30 days for $ 217.82 from H. W. Reynard . 27 We receive note at 60 days for $ 500 from John E. Grimes . 28 Harris & Smith pay their note due to - day . EXERCISE B Construct a Notes Payable account ...
... due to - day . 24 We receive note at 30 days for $ 217.82 from H. W. Reynard . 27 We receive note at 60 days for $ 500 from John E. Grimes . 28 Harris & Smith pay their note due to - day . EXERCISE B Construct a Notes Payable account ...
Page 25
... due to - day . 28 We sell note of A. B. Roche & Co. to the Commercial Bank which credits our account with the proceeds . 31 We receive 30 - day note from A. J. Thompson for $ 225 . June 1 Walter Johnson pays his note of $ 300 due to ...
... due to - day . 28 We sell note of A. B. Roche & Co. to the Commercial Bank which credits our account with the proceeds . 31 We receive 30 - day note from A. J. Thompson for $ 225 . June 1 Walter Johnson pays his note of $ 300 due to ...
Page 41
... days , due Jan 29 , in payment of bill of this date . Purchases // Garland Klo . Bot of Garland & Co . Terms : 45 day note 50 bbl . Flour 8.00 400 150 bu . Rye 1.14 171 338 338 338 338 571 571 1 Henry Fisher invests $ 5000 cash in a ...
... days , due Jan 29 , in payment of bill of this date . Purchases // Garland Klo . Bot of Garland & Co . Terms : 45 day note 50 bbl . Flour 8.00 400 150 bu . Rye 1.14 171 338 338 338 338 571 571 1 Henry Fisher invests $ 5000 cash in a ...
Page 49
... days , without interest , from Wm . Archer & Co. , in payment of bill of the 13th inst . 14 S. A. Dodge & Co. , who ... due this day , in cash , $ 250 . 26 Received of E. H. French & Co. , to apply on account , their note at 30 days for ...
... days , without interest , from Wm . Archer & Co. , in payment of bill of the 13th inst . 14 S. A. Dodge & Co. , who ... due this day , in cash , $ 250 . 26 Received of E. H. French & Co. , to apply on account , their note at 30 days for ...
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Common terms and phrases
30 days 60-day note acceptance Accounts Payable Accounts Receivable Adams Adjusting Entries apply on account April assets Axminster Balance Sheet Bank discounts bill of lading bookkeeping books of original Bought Bros cash book Cash sales check book Check favor closing entries cost credit side creditors debits and credits December 31 deposit double entry drawn EXERCISE Expense Face of note flour at $8 Freight and Cartage furniture and fixtures Henry indorsement Interest on Notes inventory investment invoice January journal entry June June 25 ledger accounts liabilities Loss account Loss Statement merchandise amounting month National Bank note at 30 note due to-day Notes Receivable Office wages original entry personal accounts prepaid Profit and Loss promissory note proprietor purchases journal Real Estate receipt Receive check receive note Received cash record rent salary sales journal Sold Stone & Co transaction trial balance
Popular passages
Page 93 - Received, subject to the classifications and tariffs in effect on the date of the issus of this bill Of lading, at , 191 ... from the property described below, in apparent good order, except as noted (contents and condition of contents of packages unknown...
Page 93 - 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, 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 102 - ... writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay in the United States, at a fixed or determinable future time, a sum certain in dollars to the order of a specified person; and a trade acceptance is defined as a draft or bill of exchange, drawn by the seller on the purchaser of goods sold,2 and accepted by such purchaser.
Page 138 - The difference between the sum of the resources and the sum of the liabilities represents the net investment, or net capital, of the business.
Page 93 - ... the property described below, in apparent good order, except as noted (contents and condition of contents of packages unknown), marked, consigned, and destined as indicated below, which said company...
Page 145 - What are the journalizing rules for personal accounts? (2) (b) Mention two kinds of entries that may appear on the debit side of the proprietor's account. (2) (c) What is the difference in meaning between " draw at sight in 10 days " and " draw at 10 days
Page 93 - ... shipment is to be delivered to the consignee without recourse on the consignor, the consignor shall sign the following statement: The carrier shall not make delivery of this shipment without payment of freight and all other lawful charges. (See Section 7 of conditions.) [signature of consignor] If charges are to be prepaid, write or stamp here, "To Be Prepaid.
Page 19 - A promissory note is a promise in writing to pay a certain sum of money at a definite time.
Page 94 - 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.