Boole- The Method of Finding the Commission on the Four 

 Keeping. first Articles of the Debit. 



jflOO 



110 



95 



186 



j491 at \ per cent. j62 : 9 : If. 



Half the hundreds are pounds, the tens are shil- 

 lings, the units are pence and fifth of pence. 



The Method of Finding the Brokerage on the Second 

 and Fourth Debit, and First, Second, Fourth, and 

 Fifth of the Credit. 



BOOK-KEEPING. 



An Account with a Factor. 



681 



Book- 

 Keeping. 



961 at \ per cent. 1 : 4 : OJ. 



One-eight of the hundreds are pounds, one-fourth 

 uf the tens are shillings, the units are farthings and 

 fifth of farthings. 



100 



491 



(2.455 

 9s. lfd. 



The direction of the Rules is to reduce the deci- 

 mals to diverse denominations. 



Wares in Company. 



165. In the agent partner's Leger, 



166. The debit shews, 



The cost of the agent partner's share. 

 The total quantity. 

 The total charges. 

 All abatement. 



The share of the neat proceeds belonging to 

 each partner. 



167. The neat proceeds are found by subtracting 

 the sum of the charges and abatements from the total 

 tales. 



168. The remaining difference between the two 

 sides i3 to be charged to profit imd loss. 



169. The credit shew6 the total sales, and the in- 

 ner columns shew any deficiency by leakage or lack- 

 age ; which circumstance are necenury t>> be enter- 

 ed in the inner columns, a;, it was observed 102. 



170. If the sales be not finished, it is more advisea- 

 ble to close the account with a double balance, 100. 



Adventure in Company. 



171. This is arranged in the same manner as wares 

 r voyages. 



VOL. III. PART IV. 



172. For a company under your direction. 



173. The debit shews the employers' share of the 



first cost. 

 The whole quantity. 

 All charges ahd abatements. 

 The partners' share of the neat proceed, found 



as mentioned 167- 



174. The remaining difference shews the profit and 

 loss. 



175. The credit shews the total sales, and any de- 

 fect by leakage or lackage, as mentioned 102. This 



account is titled, Voyage from to , in Co. 



with C. D. and E. F. each }& and A. B. for Co. 

 0|A. 



A. B. Our Account of Exchange tu Co. 



176. Close the inner columns with balance, carry- 

 ing the value to the outer columns at the current rate 

 of exchange. 



177. Then debit the account to the partners' share 

 of the neat gain. 



178. And close the account with profit and loss. 



CHAP. XI. 



The Balance Sheet in the Day-books. 



179. The Waste-book is written -as directed 21, The ba- 

 22, 23, 24. on the right hand page ; and the Journal lance-sheet 

 on the left hand page, as directed 27. The titles '," the Dav " 

 alone are written 28, and they are so full, that they 

 include every transaction, 29. 



180. This Journal is to be arranged so that every 

 article, which must appear on -the debtor side of the 

 balance sheet, must appear without any confusion on 

 the debtor side of this book ; and likewise every ar- 

 ticle of the creditor side of the balance sheet must 

 appear on the creditor side of this book. In all ac- 

 counts called real, except 



Cash, 



book. 



payable 



the creditor side should be the greater to reward the 

 merchant foriiis time and treuble, and to improve his 

 capital. 



181. All accounts commence 



By gift, I f 



Barter, or > of } Money or Wares, 



Credit, J (. 

 and are difposed of in the same manner, or they re- 

 main with the merchant. 



182. If they are sold or bought for cash, or o 

 credit, their value appears on the debtor or on the 

 creditor side of the Journal in the cash entry, or in 

 the entry of some personal account; or if they are 

 acquired by gift or barter, the quantity, quality, and 

 *alue, are ascertained in a' short account, (j 58. ) t 



4a 



