BOOK-KEEPING. 



tion, with a refci-ence to the fubfidiary book, where the 

 particulars ;ire to be found. 



In the fubfidiary books each month's occurrences are 

 clafled together, and fo diipofed as greatly to finiplify the 

 journal ; but the principal advantage of this arrangement 

 confills in carrying a whole muntli's cafh, or bills, in one 

 line to the ledger : and the fame may be done with a 

 month's commillion, intereft, infurance, 8:c. though the 

 practice is not yet become fo general. Specimens of both 

 methods are here given. 



Befides thefe advantages of fiinplicity and concifenefs, 

 the fubfidiary books have other important ufes as originals. 

 Every exporter and importer of goods upon ccmimillion, muft 

 have an invoice and fales book, and the cafh and bill books 

 are neceflary in all departments of commerce. 



Where fubfidiary books are kept for every kind of bufi- 

 nefs, a waile book like the following may be difpcnfed with : 

 though fuch will be found highly ufcful, both as an index 

 and day book. But, in teaching, a book of this kind is 

 eifentially neccdary, not only as conncfting the other books, 

 and giving a ready reference to each, but as afFoidlng a re- 

 gular liiltory ol thebufmefs, which the learner ihould always 

 iinderiland. — It is perhaps the want of tliis knowledge that 

 renders the theory of book-keeping fo much more obfeure 

 and perplexing than the practice. 



THE WASTE OR DAY BOOK. 

 This book opens with an inventory of the merchant's 

 properfy, (fuppofed to be tranfcribcd from the balance ac- 

 count ot a former ledger,) after which, a general rcgilter or 

 diary is given of all tranfafiions, in the order of time in 

 which they happened, with a reference to the inbhdiary 

 books, where fuch are regularly entered. — The following 

 are the refcreiices : 



C. B. - Calli Book, 



B. R. - Bills Receivable, 



B. P. - Bills Payable, 



I. B. - Invoice Book, 

 S. B. - Sales Book. 



WASTE BOOK, Jan. i, 1805. 



(0 



i^o. Brought forward 



253 On V/eldonandco. Feb. J5, 162 10 c 



24, 231 5 o 



28, 2j6 5 o 



261 

 104 



On ditto 

 On ditto 



Mlllman .ind fon, - 

 Charles I^c Coin . 

 William Lamos - 

 William Ciiulinley 

 William Pcmbertoii 

 Willoii and Vanelli 



Oporto • 



Paris 



Bilboa - 

 Hamburgh 

 Naples - 

 Leghorn - 



I owe as follows : 



To Smithfon and co. of London 



'I'o Cyeorge Holland - ditto 



To Gibfoii and Carr - Birmingham - 



To Winter and W^ll - Jamaica 



To Hampton and co. - dllco 



To Edward Vs'hite - ditto - . . 



Fo James Prime - ditto . . . 



Fo Edward Connor - ditto . . . 



Fo Richard Broadly - ditto ... 



Bills payable for the following liills accepted 



by me (particulars from former bill book.) 

 No. 



213I ("Charles Mills, duejan. 12, 713 11 c 

 219 I James Harrifon - 26, 210 10 6 



214 si John Gibfon - 26, 431 15 9 

 216 '- s ■{ Walter and Hume 30, 610 1 ij 3 



215 ■» Thomas Pembroke 30, 105 11 6 

 15 Henry Barlow Feb. 4, 410 o o 



2J7J 1_ Patrick Hamilton 11, 126 o o 



— Jan. I. 



Shipped on board the Neptune, for Naples, 

 Henry Marfom mailer, fugar for the account 

 of William Pemberton, as p- invoice book, viz 

 Merchandize . - 128 I 10 



Charges . • - 7 16 o 



Comminion - - . 4 18 2 



Infurance • - - 320 



Accepted a bill drawn on me by George 

 Holland, as "^ bills payable. No. i. 

 3 



Received by this day's poft a bill from Charles 

 Le Coin, of 2385 livrcs ii fous, at 25-J 1^ 

 ecu. as "1* bills receiveable, No. i. . . 



5 



Paid Hem-y Barlow's bill, No. 215. as ['>• 

 calh book . - . - . . 



Received difcount on the above, for 29 days, 

 at 5 f> cent. C. B. 



12 



2490 J ic 6 



610 

 572 



428 



721 13 

 265'i6 17 



Shipped on hoard the Swan, for Inlhoa, 



fnndry goods for the account of William 

 Lamos, as |* I. B. viz. 



Merchandize - - - 63 ' 19 10 



Charges - . - 10138 

 Commiflion - - . 19 11 4 



Infurance - - - 1 1 I 6 



820 

 421 



268 

 506 



'73 



721 



216 



2608 



6569 



14 



400 



410 

 I 



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