. DKV INSTKH TK'XS, HINTS. ; 



849. Invoices, Notes, etc. ^ve have to Pay. For the invoices, notes, and 

 acceptances for which we have to remit, and the sight drafts for which 

 have to pay, would recommend the following method of making the daily 

 lists or memoranda : Take a small book and arrange the dates in the form 

 of a diary, omitting the Sundays ; then, on the first of each month, from 

 the Bills Payable Book, enter under the respective dates when they be- 

 come due, on this small book, all the notes and acceptances we have to 

 pay during the month. After which, the sight drafts we accept and the 

 bills for which we wish to remit may, from day to day, be herein entered 

 under the respective dates when due. Enter first the amount ; then the 

 firm name, adding the address (if not familiar with same) ; then, if a note r 

 acceptance,'or sight draft, write " Note," " Ace.," or "St. D'ft/' adding the 

 and time of same and if a bill or several bills, add date or dates 

 of same. By making the lists in this manner, all the remittance let- 

 ters may be written from the memoranda here made. The amount 

 to be paid daily may be found by finding the sums total of these 

 lists. If we wish to buy Exchange (bank drafts) to pay for such notes^ 

 invoices, etc., as we have in one of these daily lists, or if we wish to pay 

 for such of our notes, acceptances, and sight drafts as are made payable 

 at our bank, we simply find the sum total of the list thus made and giv-- 

 the bank a check for the same, filling out a " Drafts Wanted " blank for 

 the Exchange we want, and, together with the "notices " we have received 

 from the bank for notes and acceptances due on that day, pin them to 

 check ; after which we receive from the bank, in return for same, the 

 notes and acceptances stamped " Paid," and the Bank Drafts, which should 

 regate an amount equal to the full amount of the check we gave. The 

 following will In- given as an illustration of this method the " 17 

 g the day of the month : 



17 



200.00 M.D. Hesse, Guelph Note 11-1G GO ds. 

 200.00 L. 0, I'.r.unar.l Ace. 12-15 30. 



loo.oo-.J. II. Li I>; Co. St. Dft. 



L22.00 I). Applet. .11 \ <>. II If, !_> '_'. 



$722.00 



s.io. 8u //,"/ M 1 1 \ 



time may be n-ali/.ed ill the wholesale business, whilejnak ing bills and 

 1'V giving the larger citie, in which we 1 . 



a c> ''/; then the bill clerk, while making the JiilK oi-^tlf l 



while niakiiiLT the statement s . for the OOnV6nien rson 



