BOOK-KEEPING. 



Cash, 



Dr 



i«05. 

 J»n- 5 



»5 



To Interell for difcountiog H. Bar-7 

 low's Bill, No. 2 1/; ... -J 



To Bills Receivable, No. 210, Ramfay I 

 and Co. - - . .1 

 No. 424, E. Ma- 



No. 2 ;<;, ditto 



*7ri^o Sliip Charlotte, received for freight 

 28;To Farm in Kent . . . . 

 3' To Dcbcntiiris . . . . 



To Interell, received a Dividend at 7 

 the Dink . . . - J 



To Funded Property, fold .;oool. (lock f 

 at 7yi and J ... .J 



Etttd, your. P. I. and 



5:0 



400 



54 



'9.i 



80 



h 



Contra, 



Cr. 



159.? o 



3i;68'3 



805. 

 Jaii.i. 



J2 



1.5 



By Charges on Merchandize, ^ \ ^ 

 Nancy, for Naples - - -J 



By Bills Payable, No. 215, H. Barlow 

 By Charges on Merchandize, Y Swan ) 

 for Bilboa - . - - j 



By Bills Payable, No. 313, C. Mills 

 By Charges on Merchandize, y Bet-') 

 I fey, for I^eghorn - - -J 



2yV>Y ditto for Sales, f- Nancy, paidi 

 Cuftoms, occ. " " 'J 



26|By Bills Payable, No. 2 14, J. Gibfon 



No. 219, j. Hanifon 



JO By Ship Charlotte, paid for Repairs 

 By Bills Payable, No. 216, W. Hume 

 No. 2:8, F.Pembroke 



3i|By Charges on Merchandize, -ji-Hope 7 

 for Jamaica - - . . ( 



By Houfc Ex.pences • 



/ 

 410 



10 



7 '.5 

 o 



196 

 43' 



.110 



43 

 610 



44 

 68 



^854 



JOURNAL. 

 The journal opens with the inventoiy of (lock ; after 

 which the fubfidiary books are journalized feparately, ac- 

 cording to the following rules, and then fuch traiifaftions of 

 the wallc book as are not contained in any of the fubfidiary 

 books, clofe tlie journal for the month. 



Rulej for joufnalizing the Subfiiliary Books. 



1 . To journalize the ca(h book. 



For all money received, " Ca.Oi Dr. to Sundries ;" for all 

 money paid, " Sundries Brs. to Cafli ;" fpecifying parti- 

 culars, and clading items of the fame kind together. See 

 p. I. and 2. journal. 



2. To journalize the bill book. 



For all bills received, " Bills receivable Dr. to Sundries ;" 

 for all bills accepted, " Sundries Drs. to Bills payable;" 

 fetting forth names, numbers, and other neceCTary particu- 

 larj. See p. 2. journal. 



3. To journalize the invoice book. 



The oerfon, for whofe account the invoice is fcnt, " Dr. 

 to Sundries," viz. 



" To Merchandize," for amount of goods. 



" To Charges on Merchandize," for (hipping, and other 

 charges. 



"To CommilTion," for the faftor'siommifTion. 



" To Infurance," for premium of infurance. See p. ?. 

 journal. ' 



When feveral invoices are fent by the fame (hip, they may 

 be arranged in columns, as in p. 5. journal ; a method which 

 promotes bot!i accjocy and difpatch, and wkich might be 



alfo ufcd with the invoice book in general, and with the 

 fales book. 



4. To journalize the fales book. 

 The perfon, to vv'hom the goods are fold, is debited for 

 the fales ; and if they are fold for ready money, the account 

 is entered accordmgly in the calh book. Then, 



" Sales (i^ the (hip's name, &c.) Dr. to Sundries." 

 " To Charges on Merchandize," for charges at landing, 

 &c. 



" To Interefl," for intereft, if charged on money ad- 

 vanced. 



" 3^" Commifiion," for the faftor's commilTion. 



" To A. B. (the configner)," for net proceeds. See 

 p. 4. and 6. journal. 



The above titles vary in different houfes ; as " Sales of 

 Cotton, Sugar, &c. per the (hip, Dr. ;" "Merchandize im- 

 ported, Dr. ;" and the charges on fales and invoices, viz. 

 " Freight," " Convoy," '« Duty," and « Cuftoms," are 

 moaiy arranged under feparate heads. But, however thefe 

 niodes and terms may vary, the principles and refult are the 

 lame. 



Note. The pages of the different books are put in paren- 

 thefes m the corners ; and in the ledger the page of the 

 journal, where the article is to be found, is inferted in a co. 

 luinn next to the date ; and the reference next to the money 

 column niews the folio of the ledger where the fecond entry- 

 is made : but here there can be no (igure for " Sundries," 

 as the fundry accounts may occupy different folios ; this'is 

 an inconvenience which can be only remedied by turning to 

 the journal, where the fundries are fpecified, and where the 

 tolio of each ledger account is marked in the margin. 



SvNDRKS 



