The New Theoretical and Practical Complete Book-keeping: By Double and Single Entry, for Use in Business Colleges, Common Schools, High Schools and Academies |
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30 days Accounts Payable Book Accounts Receivable acct amount bbls Bill Book Bills Payable Bills Receivable book-keeper Brewster & Co Bros C. N. Bank Cash Book cash sales charges Check Book Chemical Bank City Coal Coffee collection Consignment Deposit discount Double Entry Drawer drayage endorsement entered exch Exchange Expense favor Flour footing Gain account Gloves illustrated inst interest Inventory invoice Java Coffee Joint Stock Companies JOURNAL ENTRY Lease Ledger account Loss and Gain Machine Main Ledger Mdse MEMORANDA OF TRANSACTIONS Merchandise money column month Order Book paid paper Pay Roll payment present worth Purchase Purchase Ledger Receive cash Receiving Book red ink remitted rule Sales Book Sales Ledger Samuel Wilder Sell sent Shipment shipped side sight draft Single Entry sold special columns stub trial balance Try Squares Write
Popular passages
Page 217 - To discount and negotiate promissory notes, drafts, bills of exchange and other evidences of debt...
Page 216 - Limited" after the name of the company whenever and wherever the name of the company is used, either written or printed; and the name of the company, with the word Limited, must be conspicuously posted outside their general office and every branch office. The capital stock of a limited company must be paid in, one-half within one year and the other half within two years from its incorporation, otherwise it shall be dissolved. QUESTIONS. What main books are used in the Manufacturing set? What auxiliary...
Page xiv - A written instrument giving an agent authority to act for his principal. An agent thus empowered is called an Attorney in Fact. PREFERRED STOCK. — Stock taking preference over the ordinary stock of a corporation. A dividend is declared and paid on preferred stock before any can be declared on common stock. PRIMA FACIE. — At first view. Prima facie evidence is that evidence which is sufficient unless rebutted. PROMISSORY NOTE. — A written promise to pay a certain sum of money unconditionally,...
Page 202 - STOCK COMPANIES Joint Stock Companies ' are associations for the transaction of business and are intermediate between Corporations known to the common law and ordinary partnership, and partake of the nature of both. "They are not partnerships, for their members are organized as an aggregate body; nor are they pure Corporations for their members are each more or less liable for all of the debts of the company.
Page xxiv - It is further stipulated and agreed, that in case of any loss, detriment, or damage done to, or sustained by any of the property herein receipted for during such transportation, whereby any legal liability or responsibility shall or may be incurred, that company alone shall be held answerable therefor in whose actual custody the same may be at the time of the happening of such loss, detriment, or damage...
Page 203 - Section 6. The Secretary shall keep a record of the proceedings of the Board of Directors and also of the meetings of the Stockholders. He shall also keep a book of blank certificates of stock, fill up and countersign all certificates Issued, and make the corresponding entries upon the marginal stub of each certificate issued. He shall keep a stock ledger In due form, showing the number of shares...
Page 218 - In order to furnish suitable notes for circulation, the Comptroller of the Currency is hereby authorized and required, under the direction of the Secretary of the Treasury, to cause plates and dies to be engraved, in the best manner, to guard against counterfeiting and fraudulent alterations, and...
Page xxx - The death of a stockholder or theassipraent of his stock, shall not work a dissolution of the aaeociation, but shall continue as before. ARTICLE X. That branch of law governing partnerships as regards the liability of stockholders, is recognized by this association, and nothing in these articles of association shall be construed as having organized as an incorporated Joint Stock Company. In witness whereof, we have hereunto affixed our hands and seals this 1st day of Nov. AD 189-. DAK'L DUNKING,...
Page 218 - Previous to July, 1866, State banks issued notes which circulated as money, but on that date the government imposed a tax of ten per cent, on the circulation of the State banks, which, had the effect of withdrawing it as the rate was too high to allow of any profit to the banks on it. "Except as to issuing circulating notes, State banks are conducted as they were before the creation of the National banking system. There is very little difference between the internal workings of a National and State...
Page 203 - Under him the book-keeper acts in a clerical capacity. " The Minute Book is the book in which a record of the proceedings of all meetings of the stockholders and directors is kept. "The record is kept and signed by the secretary and it is also signed by the president. " The value of this book cannot be overestimated, as it is often required to be produced in court in cases of litigation; and by the records therein compiled the officers of the company are to find NO.