Education > Complete treatise on practical arithmetic and book-keeping

GENERA1 RULES.
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:ock ; the same of a person who owes money ; and then
:e stock creditor by sundries for the whole value, or by
i article separately for its value.—Also, you must make
k Dr. to sundries for what you owe; and each article
ch you owe for (expressing the prices and quantities, or
on whom you owe any thing to) creditor by, stock.
. When you buy goods for ready money.—Make the
ds, (expressing price and quantity) Dr. to cash; and
i Cr. by the goods, without expressing the price per
1 or quantity.
. When you buy goods on credit.—Goods (expressing
e and quantity) Dr. to the person bought of, and the
on Cr. by goods.
. When you buy goods for part money and part credit,
loods (expressing price and quantity) Dr. to sundries;
cash Cr. by goods, for as much as was paid ; and the ■
on of whom bought, Cr. also, for as much as remains
.—If part be paid by bill drawn by you, or some other
on, you must make the person, on whom it is drawn,
by bill, expressing its value, and to whom payable.
. When you buy goods and pay a bill on another for
r value.—Goods (expressing price and quantity) Dr.
re person on whom the bill is drawn ; and the drawee
by bill on him, payable to the person from whom you
ght goods.
. When you buy a share of a ship.—The ship (calling it
ts name) Dr. to cash, (expressing your share), and cash
by ship, mentioning your share and sum paid.
. When you take goods from another beyond the seas
rour own risk.—Goods (expressing price and quantity)
to voyage, mentioning from whence; and the voyage
by goods.
. When you receive goods to sell for another, and pay
charges for freight, &c.—The person’s goods Dr. to
jjji, (expressing for what), and cash Cr. by freight on per-
s goods.
. When you sell goods for ready money.—Cash Dr. to
ds, without mentioning price and quantity, and goods
dressing price and quantity) Cr. by cash.
0. When you sell goods on credit.—The person to
>ra sold, Drf to goods, (the price and quantity of which