AN E S SAY To Make A COMPLEAT ACCOMPTANT. In TWO-PARTS. CONTAINING; , I. A Treatise of Book- pal trading Places in Eii- Keeping according to the rope and America. true Italian Method ; where- II. The Solutions of Eighteen in are laid down, in a plain Queftions in Company Ac- and intelligible Manher, all coffipts, comprehending a the Rules neceffary to be great Variety of Bufinefs irt. known for a thorough un- different Branches of Traf- ^ 'derftandingoftheTHEORY fick; according to the fol- of that excellent Art; and lowing Methods: Firft, the practical Part thereof The Solution of each Quef- rendered eafy by a great tion by a Method entirely Variety of Examples, in- new, agreeable to the Laws traduced in two Sets' of of Reafon, and adapted to Books; together with fome the Capacity of all. Second- Rules for calculating the ly. By the Italian or Mer- Exchange with the princi- chants Method. To which is added, A fhort Specimen of Book-keeping in Factory, or the Method made Ufe of in the Weft Indies, by Faftors there. By Richard Roose, Late Aceomptant in Chefterficld. LONDONi annah Roose, and fold by W, Owen, near Temple-Bar.' Printed for II, 2 CntereD m^tattoncr&iail, aceo?D= M mg to 3ct,of parliament, T O CapelHanburyfi&y, One of the Reprefentatives in Parliament, : for Mammthfhin , Th^following Essay is, With a juft RefpeEl , and Sincere Gratitude , Infcribed by His mofi obliged\ and Moft obedient Servant , John Roose. A 2 ( v y p R E F A C E. | rip H E World is now lecome fo very fenftble of the Ufe- j fulnefs of the Italian Method of Book-keeping, and ! its Superiority over all other Methods, hitherto invented , ' that to write a Panegyric upon it, at this Time, would he thought very needlefs and unneceftary.—therefore every one who confiders the great Advantages that may be reaped from a thorough Knowledge of it, muft allow, that any At- j tempt to improve fo ufeful an Art, is highly deferving of ! the Countenance of the Public. ItwasthisConftderation, together with the Requeft of fame I eminent Gentlemen, (whofe Names in the following Lift of \ Subfcribers, do honour to this Work) that ftrft induced my \' Father to turn his Thoughts upon this. Subject, and the Ap^ probation they were pleafed to exprefs upon a Perufal of | Part of the following Effay, joined with extraordinary Eh ' couragement, were the Motives that determined him topro- , feed-, but almoft. as foon as he had compleated it for the \ Prefs, it pleafed God to call him out of this World. As there is a diftinSt Preface to the two ftrft Setts of ■ §>uefiions contained in the fecohd Part ■ of this Work, all ■ that is necejfary to be taken Notice of here, is the ftrft Part ; in which are introduced two large and copious Setts of Books, \ containing a great Variety of Examples in moft Branches of , Commence -, which are accompanied with fuch necejfary Rules. ; and explanatory Notes, as being well attended to, will ren- \ fo? them perfectly eafy to the Learner ; and after he has ■ once made himfelfMafter of thefe, there will be very few Things that can happen in the Way of Trade, which will ■ prove Difficulties to him. And, I hope, what is J'aid by. Way of Theory, at the Beginning of this Work, although contrasted into a very narrow Compafs, will be fujficie7it to give the Learner a clear and diftinSt Ifoa of the theoretical vi PREFACE. Part of Merchants Accompts, for my Father purpofely en¬ deavoured to avoid burthening it with long and tedious Rules, which ferve rather to perplex than inftrukl the Learner. The Poftfcript, on Exchanges, I alfo humbly hope, will be of Ufe to fuch as have not obtained a thorough Knowledge of fo neceffary a Branch of Traffick. . As I am very fenfible my Father ufed his utmoft Endea¬ vours to make the Whole as compleat as lay in his Power, I fhall forbear expatiating any further upon the Subject, but humbly fubmit it to the Judgment of the Public-, and if, by a favourable Reception, it, be found to be as well calculated to qualify Youth in fo ufeful a Branch of Know¬ ledge, as any Book hitherto pv.blifhed, it will give me the utmoft Pleafure but if the contrary Jhould be found, 1 de¬ clare Ifhall quietly fubmit -, not fo much as wiping fo irra¬ tional a Thing, (as dear as the Memory of fo worthy a Pa¬ rent muft be to me) as that the Public Jhould be deceived, merely for the Credit of this Performance. However, the Encouragement it■ has met with from thofe Gentlemen whofe Names are hereafter inferted, (to fame of whom I have more than common Obligations,) de¬ mands my grateful Acknowledgment, and therefore it is with the great eft Pleafure that I embrace this Opportunity to return Thanks to them all in general. It, perhaps, may not be improper to obferve, to thofe who are mathematically inclined, that the Author of the following Effay, for many Tears before his Heath, made Ufe of the fithtious Names of Chefterfieldierifis, and Birchoverenfis, under which Names, thofe who pleafe to look into the Palladium and Ladies Diary, may find va¬ rious of his Effays in moft of the different Branches of the Mathematics. John Roose. ( vii ) THE CONTENTS. A N Elfay to make a complete Accomptant, Part I, Walle-Book, its Contents - - Pages Journal, its Contents - - - z Ledger, its Contents - ——— -- ib. Of journalizing the Walle-Book '— '■ — - ib. A general Rule - - — ■— - 3. Of polling the Journal into the Ledger --■ 4 Of the Method of tranfpofmg an Accompt from one Folio to ano- Of making a Trial-Balance - - 8 Of the Difcovery and Corredlion of Errors - ib. Of the Variety of Errors in the Ledger, and the Method of cor- Of balancing your Ledger, and making a new Inventory — 13. Defcription of the Snbfidiary Books --- 15 The Calh-Book - -- --- ib. The Book of Charges of Merchandize - ( - ib. The Books of Houfe-Expences—Invoice—Sales—Warehoufe— Bills - - - 16 The Books of Receipts—Letters—Remembrances - 17 The Postscript, containing a Sketch of Variety of Cafes that might be given for journalizing - - iS Wafte-Book^f - -- -- zi—40 Forms of the Subfidiary Books --- -- 41—44 The Journal A -;— - - 45—54 Form of the Caih-Book - - - 54 Obfervations on the Calh-Accompt - -56 Postscript II, of Exchanges ■ . — - - 86 Walle- the CONTENTS. viii * Wade-Book B -- - - „ — 9J—126 The Journal B - - - Izi —136 Ledger B - -“• - 137—167 Part II. Snell’s 6 Queftions, in Company Accompts, cdmpletely Hated and folved, after four Methods - — 173—254 The Queftions - - — ijft&fey. General Rules for journalizing the fix Queftions — 198—254 ' Reflexions on Snell’s, London's, and the common Method of keeping Co. Accompts among a Merchant’s own private Af¬ fairs " --— - 253 . Jones’s 6 Queftions, in Company Accompts folved and ftated, by two Methods - - - 255—302 The Queftions - - -— 259 A Ihort Specimen of Book-keeping in-Fadtory, fsfr. — 302—338 The Wafte Book - - - 310 Contrafled Journal - - - 314 The Day-Book - - - ■ ~ 317 Ledger and its Index --- ■ - 3 23 The Sales Book _- - - 331 Mai&’s 6 Queftions, in Company Accompts, ftated and folved by two Methods - - - 339 The Que’ftions - --- 341 ERRATA,- P AGE 26. Line jS, for At BUI, read A Bill.— PI 36, I. 13, for 20 Monthlj read 2 Months. —P. 37, 1. 12, for riji. read 15/.—P. 38, 1.19, for 16 tb In - fiant, read xo tb Infant. —P, 40, 1. 35, for for both, read by both. —P. 63, 1. 13, for 12/. os. cd. rend 12/. 10s. erf.—P. 74, I. 23, for 37/. ror. orf. read- 31/. 101. orf.—P.94, 1. 5, Dele Irijh Currency. —P. 102, 1.9, tor 3 r/?, read 2 rf ,— P. 104, ]. 22, for Mitttrn, read Mettam.— P. 132, 1. 11, forn8/. 151. xorf. read 118/. 55. jorf.—P. 165, 1, 30, for by, read for. —P. 169. I.23, for Accountant in Co. read Accompt in Co.*—Page 191, 1. 11, for 399/. 05. 3rf. read 391/. os. -f.—P. 193,. 1. 6, for'75/. 05. 3 rf. read 73/. cs.cd.—P. zir, I. 22, for from, rend for.— P. 216, 1. 3, for 361. read 305.—P. 231, I. 3, for any, read each. —P. 252, 1. 23, for 4S0/. 15s. 2rf. read 480/. 155. orf.—P. 234,1. 17, for •which, read what.—P, 263, 1. 5, for 18/. 165. orf, read iil, 161. iorf,—P, 273,1, 17, for 16/. 35, 4/. read 6 h ( ix ) An Alphabetical List of the Subscribers Names; m: 'Efsrs Ackerman and Scriv Peter Acklom, JJ/y; i nomas Adlington Thomas Ainfrvorth William Ainfworth Edward Alcock William Allen, * Copies James Alllbrooke Richard Alfopp, Jun. Jofeph Alfwood Thomas Amory Thomas Anderfon, z Copies Aaron Anderfpn John Angell, Jun. Mr, John Anfdcll John Arden George Ardron Jofeph Armficld William Armftrong Matthew Arnold John Arnold Rev. Mr. John Alhe Mr, William Alhton Jofeph' Alhton John Alhton Robert Afline John Atherton, £/y; Mr. William Atkinfon Jofeph Atkinfon Robert Atwood E. Mr. William Bacon' William Baglhaw Richard BaglhaW, £fe: Mr. John Baines Richard Bankes '< John Banks John Banks Francis Barber Evan Barclay Mrs. Bardefliyi 4 Copies Mr. William Barker John Barker Robert Barker, Gcr,i. Mr. James Barlow Robert Barton Richard Barton John Bartow Henry Bateman , Richard Bateman, Eft 5 Mr. B. Bates Thomas Bates • ■ Thomas Battcrlby William Bettifon, 2 Copies William Baxter John Baxter Thomas Baxtonden Thomas Beardmore William Beardlley Edward Bccher John Beech Richard Beet 1 Robert Beighton William Bell x An 'Alphabetical Lift of Subfcribers Names. Mr. Henry Bell Robert Belton Francis Benbruck William Bcnnefon Elias Bent Cheney Bent Thomas Bennet Tho. Bennett John Benfon Sr James Bertin William Bevil, 4 Cupia Copt. Henry Billinge, Jim. Mr, John Bingham George Bingham William Birch Jonathan Birch Joliah Birch -Arnold Birch: Samuel Birch Caleb Birchall James Birchall John Blachoufe Robert Blackboum Afhton Blackburn John Blackburne, Jar.. John Blackwall, Gent. Robert Blackwell, Gerit, Mr. Hugh Blades Jofeph Bland jBIaydes Blount Jonathan Blundell Brvan Blundell William BlundeT Richard Blundell George Beam * Peter Bcardfman R. Boddy 1. T. Bondfield Samuel Bonner John Bonfell Jacob Boomer William Bofsley Gervas Bofwell, Gait. Mr, Johnfon Boulton Capt. Thomas Bourne Rea/. Mr. Obadiah Bourne Capt. Obadiah Bourne Mr. Richard Bower Mejj'ri. Samuel Eower, and Brother Mr. Jofeph Bower Thomas Bower, Gent. Mr. George Bower " William Bower, Gent, ' Rev, Mr. Francis Bower Mr. Benjamin Bowmer Samuel Bradley Henry Bradley George Bradley, Gent, Mr, Jolhua Bradley Richard Bradley Thomas Bramhal! Joliah Branfon John Brantoii John Bravin Thomas Bicntnall Godfrey Bright Robert Bright Jofeph Bright, 15 Copies Jofeph Briggs, Efj 5 Mr. I. Brighton, z Copies, Samuel Briftow, Gent. Mr, Samuel Broadbent John Brockfopp- Edward Brockfopp John Brooks Jofeph Broiler Peter Broughton, Ejq $ Mr. John Coxe Brown' Thomas Brown, z Capias Samuel Brown Jofeph Brown, 3 Copies Thomas Brown George Brown John Brown, Ejq j Mr. Ifaac Browne ‘ Rupert Browne, Gent, Mr. John Bruckfield George Buckllon Capt. Thomas Buckllon .Arthur Bulkeley, Gent . .Mr, Jofeph Bunncy John Bunting William Bunting Jolhua Burgefs Thomas Burrow '.Rev. Mr. William Burrow, 4. Copi ■Rev. Mr. Benjamin Burrow Mr. James Burton Edward Burton Robert Burton William Burton, Ejq $ Mr. John Burton Francis Butcher William Butcher Edward Buxton German Buxton An Alphabetical Lift of Subfcribers Names , Mr, Henry Caifter Thomas Calton Richard Calton George Calton Robert Calvert George Camm George Campbell, Jun. James Campbell Edward Campion Thomas Canterhill John Cantrell ■Rev. Mr. Carr " Mr. Cart Job Cartledge John Cafe Henry Caffon, 3 Copies Thomas Chamberlin John Chandler Edward Chantler John Chapman William Chappell George Charnock John CKatterton Mr. Charles Chaworth . Rev. Mr. Chaworth Mr. Cheatham Jofeph Chippendall James Chrichlow John Chorley Samuel Chorttoij Thomas Clark Abraham Clark . Samuel Clark Jofeph Clarke George Clarke Godfrey Clarke, Sen. Efr, Godfrey Clarke, Jan. Efc Mr. Thomas Clay Richard Clay Robert Clay Rev. Mr. Clayton Mr. James Clegg George Clowes John Coats William Cobb Elijah Cobham I. Cocklhutt Thomas Coke, E/y; Mr, Henry Coleman Thomas Collinion Mr. Samuel Congrave William Congrave Henry Cooper John Coupland William Cowlam. William Cowley Ifaac Cowley Matthew Cowlilhaw George Cowper Thomas Cox, Sen. Thomas Crabtree John Cramant William Cranel Charles Craven . 'Samuel Crelfwell, 2 Copies Robert Creffwell Francis Cripps Thomas Cripps, Efa Mr. Hugh Crofts ^ William Crooks John Culforthay Witter Cuming William Cults John Dakeyne Thomas Dakin John Dalby George Dale _ Thomas Daniell Edward Daniell Henry Danfton Henry Dauvent, 6 Copies Jofeph Davie James Davis Adam Dawfon John Dawfon Samuel Dealcin Thomas Dean , Jofeph Dean, Jim, Edward Deane Jofhua Debanke Benjamin Delany Denifon Daniel Dent Richard Dewhurlb Jofeph Dickens xii An Alphabetical Lift of Subfcriber.s-Names. Mr. Jofepll Dickinlon John Dixoi £ rd Dixon John Dobfon Thomas Dodd Jojm Doncafter Richard Downward John Drabble Richard Drabble Samuel Drake Thomas Drake Timothy Drury, 10 Q John Duce jRt. Hon. Lord Ducie Mr. William Duefbeiy Edward Eaftland Thomas Eaton Samuel Eaton Mr. I. Emerfon John Entwiftle Henry Etherington N. Etherington; Jun. Ef Eev, Mr. Edmund Evans Mr. George Evans - John Everard William Everard, Jun, Vi’ccem Eyre, £/ ?i Mr. P. Eyre George Eyre Benjamin Eyre George Fcrraby, Jun, JoihuaF-dler Johnfidler, Efa Mr. Thomas Fidler Mr. William Finch, 1 Copies James Filher Roger Filher Strettell Fletcher Goodere Fletcher, Efg* , Mr. John Fletcher T. Fletcher ‘ - Tho, Fletcher, Jun, ’ Geo. Fletcher James Fletcher, Jum ■ L. Flower .. ^ '' O. Foljambe - Edward Forbes ThomasFord \ ‘ L. Folbrocke Thomas Foulds Thom? Williat_ Mefrs.-Fox, and So Mr. Gilbert Fox WiHam Fox Atr j James Fox, Efc Benjamin Foxcrof^ Richard Fradfall Matthew Furnefe G. • »•. Anthony Gallimore •Thomas Gamble Richard Gamble Gervaife Gardiner Wiiliam Gardom George Gargravc John Garmfton ornas Garvis, Gent. Mr. John Galkcil Benjamin Galkell Thomas Galkell . Ifaac Galkell Thomas Gee An Alphabetical Lift of, Subfcribers:Names. xin, Thoms : Philip Cell, B. M. Mr. Jacob Gell . Rupert Geliiffe Thomas Gemning George Gerrefon < William Gill Robert Gill . Thomas Gill Jofeph Gill Thomas Gillot I. Gi/borne, Jan. Efa ' Rev. Mr. James Giiborne Mr. Francis Gladwin Henry Gladwin, Sea. Gent Mr. George dollop fr. Jofeph ( S. God' John Gold John Good - ' John Goodhead, Jan. 2 Copies William Goodman, Gent. Mr. Thomas Goodrich William Goodwin William Goodwin, Efc Mr. John Goodwin Richard Gray Robert Gmyfoh William Green Thomas Greenup John GVcgory, ra Copies William Gregory Libert Greybourn Rev. Mr. Jonn Griffith Rev. John Gnffith, Rev. Mr. Middlcmore Griffith Mr. Robert Grimfhaw , Aaron Grimffiaw James Gurnhill Anthony Guy . Hr Mr. John Haddon Edward Hall Samuel Hall Mr. John Hall Jofeph Hall Robert Hall, Jan. Robert Hallam John Hallam R. Hallam Meffrs. Halliday, and Duntear " abazon Hallows, E/y; airy Hamer, Gent, ... Hamer, £/y; Capel Hanbury, £/y; 4. Copies Mr. William Hancock John Hardman John Hardy William Hardy Thomas Hardry John Harp . V. Hargrave sr . ■ James Harrifon ' Thomas Harrifon Samuel Harrifon a, ei™ ■ Chriftophcr Hafeli Bon. Hathway 1 John Hatton Tho. Hatton ; Mcjjrs. Thomas and Benjamin Haworth Mr. Jofeph Hawfon John Hayes , JohnHayhurft- - , Mrs. Jane Hayfton, Mr. James Heald Timothy Heald . , ucorge Healey, £/y; j Mr. Edward Heahvood Heath Robert Heath John Heath lfaac Heath Godfrey Heathcote, Jan, William Heaton . _ nomas Heaton, £/y; , Mr. Henry Heaton Henry Henlhaw „rthur Hefelridge, Gent, 'Mr. Robert Htlketh ; William Helkcth ',Rcv. Mr. I Hewit l Mr, Benjamin Heywood ! Arthur Heywood ]Rcv. Mr, James Heywoofl xiv An Alphabetical Lift of Subfcribers Names. Bcv. Mr. Eliezer Heywood .Mr. Thomas Heywood Robert Hibbert ' Titus Hibbert’ George Hick William Hides William Higginfon John Hill ‘ Thomas Hill ■ Bradford Hill -Hill, GW. Mr. Samuel Hill Mcjj'rs. Hillary amfScot Mr. Richard Hinckcfman •Rm/, Mr. Thomas Hinckefmap John Hirft, Efy-, 2 Copies Mr. William Hodgkinfon Thomas Hodgkinfon Thomas Hodgfon, 2 Copies I. Holden William Holdhoufe James Holding William Holdfworth George Holiday Samuel Holland Francis Holliday James Hollinglheade Thomas Hollins, Gent. Mr. H. Holmes Charles Holmes Thomas Holmes Robert Holt John Homfrays Revel Homfrays, 6 Copies Samuel Hook ■ John Hope, Jun. John Hopkinfon ' William Hopkinfon Thomas Hopkinfon Jofeph Hornby •Sharks Horlley Watfon Stephen Houghs Henry Houghton, Gent . Mr. Thomas Houghton Matthew Howe Samuel Howgate Robert Howfon Thoma Mr. Matthew Hulls Robert Hulme ■ Sir Henry Hunloke, Bart, Mifs Hunloke Mr. Henry Hunftone Roge/ldunt _ •William Hunter William Huthwaite John Huthwaite >. William Jackfon Richard Jackfon Chriftopher Jackfon Jofeph James Bet). Mr. Hudfon ilfr. John Hugh Thomas Hughes .Meredith Hughes -is Inman, Sen. 2 Copies Francis Inman, Jun, Jobfon Edward Johnfon Samuel Johnfon William Tohnfon William Jolliffc Peter Jones Ch. Roch Jones Eb. Jong S. Jordan James Jump K. ' r 'i2ly 0, ” I. Kay ’ John Kelfall George Kendall James Kenion ’ John Kennet Richard Kent Richard Kent, Jun. Jofeph Kenyon David Kenyon D. Kenyons Thomas Kellin 'An Alphabetical Lift of Subfcribers Names. Mr. John Key Jofeph Key Charles Kinder Robert Kinder John Kinder Thomas Kinder Richard Kirk Mr. John Lamb William Langley • Thomas Langley George Langton John Latham Jofeph Latham Benjamin Laughton Hugh Lawfon Robert Leacroft Jofeph Leadbetter John Leather Jofeph Leavefley Jonathan Lee, Gait. Mr. John Lee William Lees John Lees Peers Legh, Gent. Mr. John Lewin, Jnrt. Thomas Lewis John Liddell Thomas Linley Nicholas Lifter 'John Livefley William Longfdon, Gent. Mr. Henry Lonfdall George Lord, 4 Copies Jofeph Loxley Thomas Lucas, Gent. Dr. Thomas Lucas Mr. Thomas Lucas, Jttn. Matthew Lucas T. Lucas Bernard Lucas John Ludcock Jofeph Ludlam Thomas Lumby James Lynch Jarvis Lyon ■ fdmund Lyon M. John Mace, Gent. Mejfrs, Macneale awfReid Mr. James Maddock Thomas Maddocks Henry Makin, Sen James Mangnale William Manley John Mansfield Henry Markland Edward Markland Francis Marples Thomas Marriott William Marriott Jolhua Marriott John Marfden Robert Marfden 'Mrs. Ann Marlh Mr. William Mariltall Thomas Marlhall Timothy MarlhaU I. L. Martin Luke Martin Samuel Martin William Martin Rem. Mr. Mafon Mr. James Mafley John Mafley - Thomas Mather Richard Mather Samuel Matthews Francis Maude Daniel Maude Rofe May, Gent. G. Maynard Clements Mecklenburgh, Samuel Meggit Jofeph Meggit, 2 Copies John Melland ■ William Melland Meller Matthew Mcllinge George Mellor Charles Mellor Francis Mellor, Sen. Francis Mellor, Jun. George Mercer' Paul Mercer Thomas Merrick, Jnn. Thomas Merry George Metcalf Jolhua Metcalf Leonard Mettam xvi An Alphabetical Lift of Stibfcribers Names ; Mr. William Mettam John Mettam Godfrey MeyneJ,..^' Mr. John Middleton Samuel Miles William Millington Richard Milner Dr. Richard Milnes Richard Milnes, Efc William Milnes, Gent • Mr. Richard Milnes Samuel Milnes Thomas Milnes John Milnes Pemberton Milnes, 2 Copies Robert Milne's, 2 Copies James Milnes William Milnes Samuel Moody G. Moor I. Moor Enoch Moor Francis Moore Thomas Moore Edward Morley Thomas Moms George Mort Francis Morten, Gent , Thomas Morton Charles Morton Roger Morton John Mofs Samuel Mofsley Mofes Motteram George Mower, Efy) James Mower, Gent. Mt. John Mower Mr. Jeremiah Naylor William Naylor George Needham Jonathan Needham' Elias Needham ChriftopherNelfon, Gent. My. George Nelfon Edward Nevile, Gent. Mr. John New bound Roger Newham, Jun. John Newhoufe Robert Newton, Ejq\ Mr. "William Newton Rev. Mr. Nichols \ MeJ[r: t James and Robert NicHolfori | John Nodder, Efq j Mr. Richard Noll 1 George Norman, Gent. Mr. James Norman Ifaac North Matthew North Henry North O. Mr. Benjamin Oakes JoiiphOats' - John Okitt James Oldcrflraw Hugh Oldham James Oldham Samuel Oliver' David Ondiing John Oram Jofeph.Oiborne Thomas Owtr.mi Jofeph Owtram John Oxley ' ; Mr. James Page Jofeph Page I Robert Page I Robert Pallin i Francis Parara ; Peter Park j James Parke i Thomas Parke, .Jun, j W. Parker . George^ Parker 1 Jonathan Parkin i Parkins i Chriftopher Parkinfon j J^n Parr f Roger Parr . ; Matthew Parr ! Edward Parr . i William Patrick IThomas Patten, Jun. Efai 'Mr. William Faulfon Robert Peach Thomas Peach, £/ ? ; ‘Mr. John Peacock 1 George Pearce John Pearfon Nathaniel Pearfon . Peter Pealgcod Mr. Thomas Peat Strelley Pegge, Efc William Pegge, Gent. Rev. Mr. Samuel Pegge Mr. William Penketh George Pepper B. Perkins Andrew Perrott, F/yj Mr. John Phillips Thomas Phipps John Phithian . George Pidcocke Pierpoint John Pilkington, Gent. Mr. Michael Pilley Ifaac Pindar Robert Pindar Mejfrs. John Place and Co ■ Mr. William Polding • Peter Polding Thomas Porter John Potter Folliott Powell Thomas Poynton Samuel Pratt John Prime, Gent. Mr. Stephen Prime Hugh Pringle John Pulford Mr. John Ramlbotham Peter Ramlbotham N. Ramlbotham William Ratchdale, Gent, Mr, Edmund Ratcliffe Henry Rauthmell Rawlins William Rawfon Peter Rawfon Benjamin Rawfon Dean Raynor • Jofeph Redfern Thomas Redmall Matthew Reid John Rhodes John Richardfon Thomas Richardfon Francis Richardfon William Richardfon Ingram Rider , N. Ridgard William Rigby ' John Rigby, Sen. Thomas Ritjiipsr of Subfbribers Names. Mr. Wilham Roberts- Mr. I. Roberts James Roberts William Robertfon Peter Robey Richard Robinfon John Robinfon Peter Robinfon. Nicholas Robinfon Martin Robinfon, I. Robinfon Francis Rockliffe Gilbert Rodcs, F/y; Mr. Jeremiah Roe E. Roebuck B. Roebuck Roger Rogerfon John Roobotham John Roofe Jofeph Rooth John Roper ' Jolhua Rofe John Rotherham, FJy; Mr. Jofeph Rotherham Richard Rotherham B. Rotherham Thomas Routh Michael Rowland Richard Pxowzer Royal Society, a Members of, Mr. Henry Royle S. Mr. Francis Sales Rev. Mr. Jolhua Sampfon Mr. William Sandford William Sanfon John Satterfield Richard Savage William Saunders • Jofeph Saunders Rev. Mr. Jolhua Saunders Mr. John Saxton Mejfrs. Scrivncr and Ackerm Mr. Ralph Sedgwick . -Selwin, F/y; Mr. Ralph Seton Philip Shallcrofs John Shaw Samuel Shaw xviii An Alphabetical Lift of Sabfcrihrs Names. Mr, William Shemwell j Mr, Thomas Spencer Robert Shepherd 1 S. Spencer G. Sheppard Jofeph Spencer, Jun. 1 Benjamin Spencer Edward Spurt: Samuel Spyvee, Jun, Thomas Squire ■ John Stain thOrp Thor " ’ John Shipman, Jun. William Shore John Shore Sep. Short Earton Shuttleworth Willian Siddal James Siddal Jofeph Simmonds ■ Simpfon, Ejq\ Lindley Simpfon, Efq; Mr. S. Simpfon William Simpfon Adam Simpfon ixander S Richard Slater Francis Slater Thomas Smalley Samuel Smith, Gent. Mr. William Smith Charles Smith Thomas Smith, 6 Copies Abel Smith Richard Smith' John Smith, 4 Copies Henry Smith M. Smith Samuel Smith Jolhua Smith R. Smith, 3 Copies James Smith T. Smith • Jonathan Smith ■Thomas Smyth Joliah Snibfon James Sorelby John South Thomas Southern John Sowter Matthew Sparke Thomas Stamford William Standfofd- Charles ntaniforth James Staniiahd ’ William Stanley John Stanley Jofeph Stanley Richard Staveley Ifaac Staveley John Stephens William Stephens S. Stephenfon Stevenfon George Stevenfon I. Stocks Thomas Stones John Storer, Sen. Gent. Mr. William Stores' • John Storr, Jun. John Stuart John Stubbing John Summers William Summerlkill Robert Sutton, Efqi ' u Mr. John Sutton Temple Sutton Rev, MK^ohn Swift: Mr. Francis Sykes John Sykes D. Sylveher Mr. Richard Talbot James Talldnts Henry Tatam Charles Tate Richard Tatham Thomas Tatloclc John Tatlow Samuel Taylor G./Taylor James Taylor John Taylor ' William Taylor Robert Taylor An Alphabetical Lift of Subfcribers Names. .1/,-. Samuel Thacker WHltm Thacker John Thickfton Henry Thompfon Henry Thornhill, £/« Nicholas Thornhill, E/JJ Mr. John Thornhill ' Richard Thornton Edward Timperley Thomas Tinker Anthony Tiffington, Sen. Gent. Anthony Tiffington, Jun. Cent. Mr. George Tiffington John Titley : ' Thomas Tolield, Effc 12 Copies Mr. Francis Tomlinlon R. Tomlinfon Benjamin Tong •William Tooky William Tottie Peter Touchet John Towndrow •Samuel Towndrow Thomas Towndrow John Townfend .George Townfend Edward TrafFord and Sons Richard Travers Henry Travis John Treacher. Samuel Trimer Thomas Trimer Samuel Tuffley . Thomas Tupman John Tunnidiff Thomas Turner, Jun. Jethro Turner Jolhua Turner Jonathan Turner, Gent. M Wiliam Twigg Jun ' Nicholas Twigg, 4 Copies Nicholas Twigg John Twigg Nicholas Twigge William Twigge, Sen. John Twigge, Gent. Mr, Richard Tyas y. u. -Vernon, E/y; Mr. John Unfv.orth I Mr. Crlfpin Unfworth J ohn Urmfon Mr. John WagftafF William Wagftaffe Thomas Wakefield John Wall, Sen. Gent. Mr. John Walker Thomas Walker, 12 Copies William Walker P. Walker Thomas Walpole William Ward,' 12 Copies George Ward, a Copies Thomas Ward M. Waterhoufe Nathaniel Waters Stephen Waterworth William Waterworth Thomas Watkins Godfrey Watkinfoa Thomas Watfon Ifaac Watton ' Henry Watts Jofeph Wayles John Webfter, 5 Copies John Webfter William Wehller, Sen. Paul Webfter ' Thomas Webfter Godfrey Webfter ' William Webfter Barlow Gideon Wells Patrick Wcftoby Thomas Wheatley Rev. Mr. William Wheeler Mr. Jofeph Wheldon I. Whildgoofe H. Whitaker' Mrs. Mary Whitakers Benn?t Mr. George White. Samuel White John White Richard White John Whitehurft: Thomas Whitelcy Jofeph Whitfield, Gent. Mr. Peter Whitfield Abraham Whittaker Rev. Mr. Whittam ' Mr. T. Widowfon xx An Alphabetical Lift of Subfcribers 'Names. Mr. John Wigglefworth Thomas Wightman Charles Wightman Obadiah Wigley George Wilbarn Thomas Wilberforce, Jofeph Wilcockfon John Wilcockfon Ralph Wild F. Wild -' Charles Wildbore, 2 Copies William Wilkes . r . John Wilkinfon John Wilkinfon, J-un. Gem .' Mr. Thomas Wilkinfon . Richard Wilkinfon Charles Wilkinfon Edward Williams John Willot Samuel Willot Rothwell Willoughby, Efq: Edward Wilfon, Gem. ' William Wilfon, Gem. Mr. Titus Wilfon ' James Wilfon .. f Robert Wilfon W. Wilfon, 6 Copie: John Wilfon Edward Wilfon Humphry Winchelter Thomas Wingfield William Wingfield Daniel Winftanley H. Winftanley Thomas Witfon .John Witty . , Hugh Wood, Gem. Rem. Mr. John Wood Mr. W. Wood ' D. Woodhoufe Samuel Woo'druffe Charles Woods John Woolrich John Woolftcnholme Edward Worral Edward Worrall Thomas Worrall Jonathan Worrall Janies Worthington John Wragg Jonathar William >hn Wright . Wright -homas Wright ' Rev. Mr. Wright Mr. Johabod Wright George Wright Alexander Wroe John Wyke Y. Mr, Samuel Zouch, Part I; Italian Method of Book-keeping (from which all others are deduced) is the Art of recording out lWj Tranfaftions in fuch a Manner, that the true State T of any Part, or of the Whole, may be attained with the greateft Clearnefs and Difpatch, wheii- ever Occafion requires it. That is, the dextrous jkjfejfeJts Accomptant may know at any Time what Debts are due to and from him, what Goods, &c. are remaining on Hand, whether belonging to himfelf or others; and the Gain, or Lofs, that is made by each feparate Species ofrthofe that are difpo- fed of. The Books chiefly made Ufe of are, a Memorial or Wafte-Book, a Journal or Day-Book, and a Ledger; which are fufiicient in themfelves for the Hating all Sorts of Accompts. However, fome have thought proper to add others to thefe, both for Perfpicuity, and for abridging themof each of which I lhall treat, after I have defcribed the three grand ones above mentioned, and Ihewed their Dependance one upon another, with fome little Appendages. , The Waste-Book. The Wafte-Book contains not only an Inventory of all the Effefts and Debts belonging to you, but alfo of thofe Debts that are due from you to others, together with an exaff Regifter cf every Tranf- aftion in Trade juft as it occurs, and is the Foundation of both the Journal and Ledger. For what is further necefiary for its Defcrip- tion, fee either of the Wafte-Books, AcrB, afterwards inferred.- B The 2i 2 'he Compleat Accomptant. The Journal. The Journal is a Preparatory to the Ledger, and as to its Form is the fame as the Wafte-Book, differing from it only in this, that whereas in the Wafte-Book Things are fet down juft as they happen with their Dates, in the Journal the fame Things are diftinguilhed into proper Debtors and Creditors, in order for their being polled into the Ledger. For what is further neceffary for it’s Defcription, fee either of the Journals, A or B, afterwards inferted. The Ledger. .. The Ledger is the grand Book of Accompts in which are forted and parcelled, into proper Heads or Accompts, whatever is con¬ tained and digefted in your Wafte-Book and Journal; fo that all belonging to the fame Head or Accompt, lie together in the fame Folio, with the Title of Debtor on the Left-hand, and Creditor on the Right, anfwering to the Parts of the Accompt which are of an oppofite Nature. As for Inftance, all the Money received or bor¬ rowed goes to the Debtor-lide of Calh, and all the Money paid or lent to the Creditor-fide of it. Again, in an Accompt of Goods, their Quantity and Coll is fet on the Debtor-fide of the Accompt, and the Quantity difpofed of, with the Returns it has made, on the Creditor-fide, and by a Comparifon of the Debtor and Creditor- fides, you will not only know what Calh or Goods you have on Hand, but alio the Gain or Lofs will appear on the Quantity of Goods difpofed of. And the like for any other Accompt whether perfonal or real. For what is further needful for its Defcription, fee either of the Ledgers, A or B, afterwards inferted. N. B. That there mull be an Alphabet prefixed to your Ledger, direfling to the Folio where any Accompt Hands, for the readier finding of the fame. ' See either of the Alphabets prefixed, to the' Ledgers, A and B, juft now mentioned. Having given a Ihort and concife Defcription of the three grand Books, 300 per'Cent. — — — J To Paul Jam/on, per Bill, due Z4A ? February next - — — 5 / Plaving diftinguiihed all your Effedls and Debts into proper Heads or Accompts, either general or par¬ ticular, or both, according to your Difcretion, then obferve this general Rule. Make all thofe EfFefts belonging to you, as Mo¬ ney, Goods, Voyages, fsk. as alfo the Perfons that owe you Money, each refpeflively^Debtor to Stock, and make Stock Debtor to all thofe Perfons to whom you owe Money, oV. each for his refpeflive Debt. See the Journal, ' ' , I have WA S Caih, for the Charges, by which you will a void making fundry Accompts Debtors to fundry Ac compts, and will fee the nice Judgment that is often requifite in giving the bell: Titles to Accompts. Bought of Jam zjl. per Pipe. ; Troughy, 4 Pipes of Lijlon Wine, Laid down — — — $0 Relt due at 11 Days hence — 58 There are two Ways to journalize this (and others of this Kind) viz. either by making the Li/bon Wine Debtor to James Troughy for the Whole, and then htaking James Troughy Debtor to Caih for what you pay him, or elie, which is lhorter, by making Lijbm. Wine Debtor to Sundries, viz. to Caih, for the Mo ney you pay, and to James Trougby for the Remain- —February 3d.— •es is broke, and I have compounded hi at ios. in the Found. Th £■ ' 24 WAS? E^B 0 0 K. 1. s. l TheCompofition received* is —■ no o o The Difcount, is — — no o o Make Sundries Debtors to Jofeph Grimes , the Per- fon with whom you compound, ■via. Caih for the Money received, and Profit and Lofs for the Abate¬ ment or Difcount; and, confequently, Jofeph Grimes, will be Creditor by both. / Bought of Thomas Spelman, l Piece of Broad-Cloth, containing 32 Yards, at ll. is. per Yard, for which I have given him a Bill at Sight, on Stephen Taylor, of Stratford, for —• — — In Cafes of this Nature, where the Seller accepts a Bill on a third Perfon for what he fells you, you have nothing to do, but to make the Goods you re¬ ceive Debtor to the faid third Perfon on whom the Bill is drawn. / Sold 5 Pipes of Sherry, for ready Money, at 37/. 10s. per Pipe — — — — Here Cafh being the Thing received, and Sherry the Thing parted with; confequently, by the general Rule, Page zd, Calh mull be Debtor, and Sherry Creditor. -1-6th.- / Sold, Stephen Clough, 4 Pipes of Sherry, at 38/. per Pipe, for which he has paid as follows, •viz. Given me in Cafh — ; — 70 o o Reft due at 10 Days hence ■— 82 o o This is juft the Reverfeto the Rule laid down in the 31ft of January laft paft, and may be journalized two Ways, •viz. either by making Stephen Clough, Debtor to Sherry for the Whole, and then making Cafh Debtor to Stephen Clough, for what you receive of him, or elfe, which is fhorter, by making Sun¬ dries Debtors to Sherry, -viz. Cafh for the Sum you receive, and Stephen Clough for the Remainder due. / Sold Ditto, my remaining 6 Pipes of Sherry, at 37/. per Pipe, for which he has given me a Bill at Sight, on Sampjim Noble, of Cheapftde — —r This WAS? E-BO OK. This too is the Reverfe. of the Note, laid down in February the 4th, i; * 'Merchants, to fave the Trouble of giving an Ac.- compt to every Perfon on whom they may have a Bill to: receive, or to whom they .may have one to pay, e. reil two general Accompts, the one by the Title of Bills receivable, and the. other by the Tide.of Bills payable, - and charge the former with ,all the Bills they have accepted and, are to> receive, .and make the latter Creditor for all the Bills they have accepted and are to pay. As in this.Inftance,.I.make SundriesdDebtors, viz. Bills receivable,and Calh,-and Stephen Clough, Crcditoi by both. / i Paid,' James Snibs, for; Principal and Intei^ft, due •: oh my Bond, being, for 390/. Principal, and 2 tYeqrs : intereft —r : “rr:,.';;£ . — “ - " | i In Cafes, of this Nature,,if the Lender hasinot Cre- • die for the,Intereft as'wellas the Principal (as .in this ■ Exhmple) ..you mull debit Sundries to Ca.Sh, wiz. .the ■ Lender for the-Principal.paid him, and Profit,, and Lofs for the Intereft.' But had he had Credit for both - ' Prin- W A S-T'E-B 0 0 Ki (Principal and Intereft, then the Lender muflharebeenl debited to Cafh for -the Whole. And the contrary Method is to be ufedwhen both Principal and Intereft is received. . . ■17th. In Cafes of this Nature, where Bills receivable was made Debtor; fo. when the Bill is refufed and return¬ ed, it irjurt be made Creditort -as, it muft have been Creditor by Caih, had it been paid; and as Stephen Clough furniihed the Bill, and has Credit for it, fo now he mull be made Debtor, notonly. to, Bills receivable for the Vallie. of. this. Bill,, bet alfo,.,to ; Caih for the Charge^ of Protelling. Value . •. —. — —, Paid for.Protefting it, £sfr. “ -7 6 —iSth — Given..as ajGift to, the. Foundling-Hofpital Make Profit. and Lofs Debtor to, Caih, csk. fpr.allj [you give away. -- '-rr-. -lgth."rrr Received of my Godfather, J.obhKmd, asaprefent Make Caih, f 3 V. Debtor, to Profit and Lofs, for all| [the Gifts you receive. .- ■ 1 '-20th.— Received of John Milk , by the Order, and for the Accomptv of John Grimjlon, the- Debt due to me, this Day, from Ditto, Grimjlon t _ — ■ Here* although you receive,-.Money of. John Milk, yet, as'it is upon. the Accompt pf John Grimjlon, who pwesit, therefore, bythe genera! Rule, Page 3d,,Caih muft. be Debtor, and John Grimjlon Creditor, -2lft.- /; Lent, on the Bottom of the Ship, James, Cajptai Jehb, bound, for Jamaica, 200/. at zol. per Cent, to b paid on her fafe arrival at Jamaica . — - InCafes of this Nature, where the Payment of the Principal and Intereft depends upon the Ship’s Arrival at her ^tended Port ;• fp the beft and. ihorteft Way, in my Opinion, will be to erefl an Accompt by the Title of Bottomry, and charge the fame, Debtor to Caih. for the Principal lent only, and give the laid Accompt Credit for both Principal and Intereft, upon the News E 2 of 28 IV A S r K-B \0 0 K. of the Ship being loft; by Profit andLofs, or by Calh, if the Ship arrives fafe at her Port, and you receive the Principal and Intereft, or> by Captain Jelb, if the fame is not prefently paid ; ufe the contrary Method if youborrow.-—And this Rule holds good for Wagers Accompt, Mutatis Mutandis.- f <■ / Borrowed of Peter Smith, at 3/. per Cent, per Anti. In Cafes of this Nature, Tomemake Calh Debtor to the Lender, for the Principal lent,, and Profit .and Lof: for the Intereft-due at the Term of Payment, and give the Lender Credit, byCafli,Torthe-Principal, arid by Profit andLofs Tor the Intereft; but as the Time of Payment may be made kroner- or later, than the Term agreed on ; -it is better to make the Lender Creditor, by Cadi, for'the Principal 'only,-and Calh Creditor, by Profit ahd-Lofs, whenthe Intereft is paidyand the contrary Method is to beefed when you lend Money.. 5 00 / I have paid John Silk, by the-Order, and upon the Acriompt of Paul Jamfin, ‘ what Lowed'Ditto’, Jdtnfin, this Day — . — — — — Here, although you. pay Money-to John Si/h,-ye t-as it is on the Accompt of ■■Paul- Jamfin, to whom you owed it,’Calh mult be Creditor,; and Paul Jamfin Debtor, by the general Rule, Page 3d. .: • • •. : ^ "fith "" 70 00 A My Uncle, John Fatr'dcakr\ is dead, and has left me a Legacy Of 300/. to be paid-half a Year herice, by DavidJrttjh; Executor — — ' •— In fuch like Cafes as this,- where the Money Is not paid doivn, the Executor mult be Debtor, and Profit and Lofs’Creditor. See the Notes on the 18th and 19th Inllant. 1300 CO / Bartered i Piece of Broad-Cloth, containing 32 Yards, at if. is. per Yard,- for 1 Piece of Mullinof the fame-Value ’— ’ ’— • — —■ Here, by the gerieral Rule; Page 3d, Muflin being the Thing received, and Broad-Cloth the Thing part¬ ed with; confequently Muflin mull be : Debtoiy and Broad-Cloth Creditor. ‘33 - : ; ■ Bar- W A S f E -B 0 0 K. For^HoglheadsofRum, at 30 1 . ios.~) ^ Q rHaglhead — 1 — .V And5 Hoglheads of S ugar,. at 2 5/. ior. ■ 1Q JjVr Hoglhead , r-r- . . .— S ' ; ‘ - in Cafes of this' Nature,, where fun dry Goods are bartered for Sundries, whether their .Value be equal or no,intake the Perfon, with.whom you.barter, Debtor to the Goods you deliver him, and make the Goods 1 receive, Debtor;to the faid Perfon. M&rch 1 ft Bartered with John Trufiy, 5 Pipes of MaieiraWmej 32/. per Pipe —r " — — . 160 6 ,c Alfo 4Pipes of Lifion Wine, at 27/. 108. ■ o c Bartered 5 Pipes of Madeira Wine, at /? /. per Pipe, for 3 Ton's of Logwood, at V. 60 :o/. per Ton '— 3 The reft I have received in Calh —. . 1 r; Here,--by-the .general Rule, Page 3d, Logwood and Calh being the Things received, mult be Debtors, and Madeira Wine being- the Thing parted with,; muft be Creditor. ' ' 'James Doubt, 'rtf uftng Payment of John Bids ..1 him, for 100/. I have paid it for the Honour of the Drawer, with Charges of Proteftiug — ■ — Here alfo Calh being the Thing parted with, muft be Creditor, and JohnBlois, he, upon whofe Accompt it is paid, Debtor, by the general Rule, Page-3d, —-— i-——3d.-— ■ ■ ■ / I have received a Letter of Credit from John Blots, to pay Samvel Paulet, 30/. as he lhall have Occafion for; the. fame, and have accordingly paid him upon his demanding it • -r- . —■ - — 1 “ this being journalized the fame Way vvith the lall Example, needs no Explanation. --5th.—---!- / Bought i of Ship Jane, for which-I paid — In Cafes of this Nature, whether you purchafe Ships Houfes, make the laid Ships or Houfes Debtors, and Calh Creditor, if you pay ready Money for them 3° WA S T E-B O 0 t or otherwife, make the Ships or Houfes Debtors, and the Perfon you buy them of Creditor, for their Value. -----6th.-^- : - 4 / Sold, John Cutter, ! Piece of Muflin, which coft me 33/. 1 is. with this Provifo, that if. he likes it at 35/. 12 s. he may keep it, otherwife return it in 4 Days Time — — — — — In fuch like Cafes .as this, you may ereft an Ac- compt, by the Title of Sufpenfe Accompt, and make it Debtor, and the Goods you deliver Creditor and up¬ on Advice of the Perfon keeping the Goods, make the faid Perfon Debtor, or what he fends in Lieu thereof, and Sufpenfe Accompt Creditor; but if it ffiould hap¬ pen, that the Goods are returned, then make the Goods fo received Debtor, and Sufpenfe Accompt Creditor. -,—-,-7th.-r / Sold, James Stubbs, tj Hoglheads of Sugar, at z6/. per Hoglhead, to be delivered 3 Days hence, and have received for Advance — — — — In fuch like Cafes as this, the bell Way is to make theAdvanceyou receive Debtor, and-the Perfon that paid it Creditor; and when you deliver the Goods, .make the faid Perfon Debtor, and the Goods fo delivered Credi¬ tor, if he does not then pay for them; but if he pays for them upon their Delivery, either in Money or Goods, then make the faid Perfon Debtor for the Sum he be. fore advanced, and Calh, or the Goods you receive Debtor for-the Reft, and the Goods you deliver. Cre¬ ditor by both, -^gth_—---, / Bought, of John 'Needham, 3 Pieces of ColcbeJlerBaizo, at 33/. per Piece, to be delivered me in 4 Days Time, and have advanced, in Part of Payment, by Way of ' Earneft — — — — This being theReverfe of the laft Example, you may make the Perfon to whom you pay the Earneft Debtor, and what you fo pay Creditor; and upon his Delivery of the Goods, make the faid Goods Debtor, and the 1 Perfon-who fo delivers them Creditor, if you do not then pay for them; but if you then pay for them, either with Calh, or Goods, then make the Goods you re¬ ceive Debtor; and the Perfon to whom you paid the Earneft Creditor, for fo much as you have paid him, and Calh, or the Goods you deliver. Creditor for the Reft. 35 30 20 Paid WJS f E-B 0 0 K. Paid my-jth Share of Repairs, of Ship Jane — I This.being a further Charge on the Ship, it is pla.... the Ship muft be Debtor, and Ca(h Creditor; but had not I paid k, the Perfon to whom due would have! been Creditor. - --—loth. A John Cutter writes me, that he defigns to keep the ' (Muilin fent him the 6th Inftant; and withal, has fent e a Bill a,t Sight, on Jacob Long , for — Here, according to Rule, in the 15th of February laft, Bills receivable muft be Debtor, and according to Rule, in the 6th Inftant, Sufpenfe Accompt muft be Creditor. ■nth. (Bill Plere Calh being the Thing received, muftbeDeb- r, by the general Rule, Page 3d, and Bills receiva- [ ble, muft be Creditor, according to the Rule in Fe¬ bruary the 17th, laft paft. —9th.- Received of Jacob Long, in full of John Cutter's -12th.- Paid for jHoufe Expences, fince January ift Here, although Profit and.Lofs might be properly tharged with this, as before, in Charges of Merchan¬ dize, yet moft Merchants chufe to ereft an Accompt by the Title of Houfe Expences, and make it Debtor to Calh for all Expences this Way, if paid in ready Money, otherwife, to the Perfon to whom due, if on Truft. —rDitto. Delivered to James Stubbs, the 5 Hoglheads of Su- ;ar, at 26/. per Hoglhead, which I fold him the 7th! Inftant, on forehand Bargain, 1 Then received of him, for Advance 30 And he has paid me the Reft in Calh 100 Here, by the Rule in the 7th Inftant, James Stubbs, |and Cafti are Debtors, and Sugar Creditor. 1 Received of John Needham, the 3 Pieces of Colehejle Baize, at 35/. per Piece, which I bought 6f him the] 8 th Inftant, on forehand Bargain. ‘ 32 WA S m.-B 0 0 It Then advanced him, by Way of Earned 2 Given him 2 Hogiheads of Rum, at 31 /. ? g And the Reft I have paid in Caih — 2 Here, by the Rule in the 8th • Inftant, Colchejler Baize, is Debtor, and John Needham, Rum ar.d Caih creditors. • j Sold, James Grant, 3 Tons of Log- ? gg Q Q * wood, at zzl.Jer Ton' — — S' Alfo, 2 Hogiheads of Rum, at 31/. 10;. ? g 0 per Hogfhcad — — $ 3 Received, in Caih — — 50 o 0 And a Bill, at Sight, on James Nook,' for 40 o o Reft to bepaid, at ^Months — 39 o 0 Here, by the Rule in the 28th of Felruary laft, James Grant is Debtor, and Logwood and Rum Cre¬ ditors. Again, Cafti and Bills receivable are Debtors, and James Grant Creditor. y Bought of James Thorn by, the following Goods,« 12 Pieces Druggets, at 4/./ec Piece 4S o c 5Lottery Tickets, at 39/. 1 or. Ticket 197 iq, c Given him 3 Pieces of Colchejkr Baize, ) 1Q0 it 3 3/. 6s. 2d. per Piece — — S Ditto Tbornby has drawn upon me a Bill, payable, at Sight, to Captain Bold, > too o 0 Reft to be paid in 4 Months — ^ 45 10 0 y Here, by the Rule in the 28th of February laftpaft, Woollen'Goods (to fave you the Title of Druggets) and Lottery Tickets are Debtors, and James Tbornby Creditor.- Again, JamesThornby is Debtor, and Col- ehefter Baize and Bills, payable, Creditors. See the Rule in the 15th of February laft paft. The! 33 IVA S T E r B 0 0 K. y The Owners of Ship Jane, haying fettled their Ac- compt of Freight, have paid me my j Share — As your Ships or Houles are to be made Debtors for their prime Coll and all Repairs (fee Rules in the 5th and 9th Inllant) fo they are to have Credit for all the Freight or Rent you have received, or is owing, and for their Value when fold. | Sold, JobnGoofe, 1 Lottery Ticket, at 39/. 10;. payable on Demand — — — . See general Rule, Page 3d. ;I 5 th r —16th.- Sold, for ready Money, 2 Lottery Tickets, at 42/.] See general Rule, Page 3d. —22d.- j. Paid Peter Smith, for 1 Months Intereilofmy.Bond, being for 500/. at 3/. perCent. - --■ - • Here, by Rule, inthei6th, or 2 2d of February lad, Profit and Lofs is Debtor, and Calh Creditor. ■24th.- Shipped on board the Heron, Captain Stapleton, Ifigned to Jofepb Toft, my Fadlor at Exeter, to fell for my Accompt the following Druggets, marked and |numbered, as per Margin, ‘viz. ^ 12 Pieces, at 4/. tor. per Piece ‘ — 54' Paid Charges on the Druggets — 2 In fuch Cafes as this, you may debit the Adventure to the refpedtive Goods you Ship off, as they .are ta¬ ken out of your Warehoufe, and to Cafh for ; the Charges, if paid (or if not paid, to the Perfon to whom they are due) and confequently the refpeftive : Goods and Calh (or the Perfon to whom they are owing) will be Creditors. Shipped on board the Flying-Fif>, J.ohn.Jan, Mailer, conligned to John Stone, my Fadlor at 'Jam, \ca, the following Goods to fell, for my Accompt, be¬ ing marked and numbered, as per Margin, viz. F 30 Pieces| A WAS? E-B 0 0 K. i. so Pieces Broad Cloth, at 61 . tor. per.} [Piece f < 95 Pieces Holland, at 15/. ior. for? which I paid — — 5 ° L 10 Pieces Scarlet Cloth, at 4/. los.feQ ■ IPiece, bought of John Grimes, to pay in > 45 Months — — _ — '3 Paid Charges on the faid Goods 1 In this Cafe, as in the above, the Adventure be¬ comes Debtor to Sundries, -ws:. to therelpeftive Good; | it are taken out of your Warehoufe, to thePerfon WI Perfons of whom the Goods are bought, and to Cafh, for thofe that are purchafed with ready Money, and the Charges, and, confequently, the refpeftive Goods, the Perfon of whom the Goods are bought, and Cafh will be Creditors for their refpeftive Sums. —--—-27th.-;- Paid for infuring 300/. of the abovefaid Adventure, at 5/. fer Cent. — — — -r This 1 being plainly a further- Charge on the Adven¬ ture, therefore the Adventure mull be Debtor, andj Cafh Creditor. • ■ -Ditto. n full, for Woollen Goods, : Here it is plain, that Jeremy Godby becomes Debtor fundry Accompts, n 489/. js. 6d. the whole Produce, at 2 i per Cent. |amounts to — — — ~ For journalizing this, fee the laftRule in April zi. Received James Snail's Bill, all but the 2/. 15 s. [which I have abated him, the Goods being damaged. WAS T E-B 0 0 K. Here, as this Abatement is upon Ham Van Dealen s Accompt, therefore his Accompt mull be made Debtor, for it (and not Profit andLofs) and-Gaft, the Thing received, muff be Debtor too, and Bills receivable] Creditor by both. -nth A A Received in Ca(h — Abated him — — — , a 15 __nth.------- I have (hipped on board the Nonjuch, Captain Cobb, by the Order, and for the Accompt of Hans Van Dca-\ „ leu, of Ainjlerdam, the following Goods, marked andj ' numbered, as per Margin, via. 3 Pieces Broad Cloth, at 151. per Piece 20 Pieces Stuffs, at 4/. per Piece — 30Pieces Long Ells, at 4/. 10 s. per? I Piece — — , , T Due, to John Nazbj, for dying zo / Pieces Stuffs, and 30 Pieces Long Ells > Diie, to Jacob hodden, fbrFretfingDit. Paid for Packing of the 3 Bales, £*■ My Commiflion on the Whole, at z/. 7 her Cent. ‘viz. 267/. 181. comes to b S 7 » Here, according to Rule, in the 31ft °fMW,ia(l| pad, Hans Fan Dealen, of Andrians and Broad Cloth, Woollen Goods, Cafli, John Nazby, Jacob hodden, and Profit andLofs Creditors, for then refpeftive Sums. ^ _ . ~{hnvTabated Hans Fan Dealen, of Amfierdm, on / 30Pieces Long Ells, fcnthimin the Nonficb Cap- KnmCebb, 10s. per Piece, they being damaged before Ithey were put on Ship-board. , * Here it is plain, that Woollen Goods (or Profit and ,~oft, if you pieafe) muff be Debtor, and Hans Van Dealen, of Amjlerdam, Creditor for this Abatement. iSeeNote in the -2.7th of March iaft I 73th — Hans Fan Dealen, of Amjkrdam, has drawn a uu> u *‘ me, payable to John Gregory, of London, dated the ytb fnftant, and due May the 10th, which I have accept¬ ed for — — ~ "" Here. WAS f E-B 6 o k Here; according to Rule, in the 15th of February. laft pall, Hans Van Dealen, of Amfierdasn, mull be Deb- tor, and Bills payable Creditor. ---14th.-- 1 - j I have paid Jacob Jones, per his Draught on Van f Scultien, of Amfierdam, axUJance, dated this Day, and have remitted the fame to Hans Van Dealen, for his Accompt — — — — tot Here, although the Money is paid Jacob Jones , yet it is upon the Accompt of Hans Van Dealen; confe¬ quently, Hans Van Dealen, of Amsterdam, mull be Deb¬ tor, and Cafh Creditor. -16 th.--- /. /. d. . / Paid JobnNaaby, in full for Dying 412 6 And he has abated — — 076 As this Abatementis upon the Accompt 0 1Hans Van Dealen, and not your own, confequently, Hans Van | Dealen, of Amjlerdatn, mull have credit for it (and not, I Profit and Lois) and Caih muft have Credit for what you have paid; and, confequently, John Nazby, Deb- tor to both. See Note in the 16th inilant. / Paid Jacob Nodder, in full for Preiling. — 1 I have drawn a Bill on John Stone, at Jamaica, for his Accompt, payable at 2 Ufance, to James Grigfen, \ in Favour William Nutt, for which, Ditto Nutt has paid As this is the fame Thing as 'A John Stone had paid you himfelf this Money, you therefore make Caih Debtor, and John Stone, his Accompt Current Cre- / John Stone, at Jamaica, has remitted me a Bill for his Accompt, aa-Jofepb Moor, of London, dated April ill, and due June 4th, which I accepted for — Here, according to Rule, in the 15 th of February, laft pail, Bills receivable is Debtor, and John Stone, his Accompt Current Creditor. - —. ....—21 ft.- / Received Advice from Jofeph Toft, my Faftor at Exeter, of the Sale of my Adventure, per the Heron, . the neat Proceeds of which amount to — — In 39 WA S f E-B 0 0 It In Cafes of this Nature, when your FaSor deals n the fame Coin as yourfelf, you have nothing to [o, but to make him Debtor for the neat Proceeds „ his Hands; and, confequendy, the Adventure vill he Creditor for the fame Sum. See Note m VW-> 3ift, laftpaft. ^ £■ s. £ / F. Received from on Board the Mermaid, Stephen Lee Matter, from Jamaica, being remitted me by John Stone, Merchant there, in Part of what he owes me, by his Accompt, * . 7 Hogiheads Sugar, Quantity 130 U 2 at 22j. 6 d. Sterling — ,. ~ „ In this Cafe you mutt debit Sugar to John Stone, his Account Current, for the Value it ftands him in, and credit him for the fame Sum; and the fame holds good, if this Sugar had been commiflioned by you, Regard being had to his Accompt Current, and my Accompt Current. _ [46 16 3- / Paid Freight on the Sugar remitted me by John St °l n Cafes of this Nature, you may either make the Goods Debtor to Cafli for the Freight you have paid or, which comes to the fame lhing, Profit and Lofs. ^ I 20 15 5 / John Stone, of Jamaica, having |0 Barrels of Tongues fhipped him off, by M.ftake, inftcad of 20 Barrels; I have defired him to fell the other 20 Barrels for my Accompt, to which he confents. The faid 20 Barrels, I value at — — In this Cafe, as John Stone now becomes yom Faaor for thefe Goods.who lately was your Employer you therefore may ereft an Accompt, by the Title of Goods, in the Hands of John Stone, and make 11 Debtor to John Stone, his Accompt Current for tin Value of the Goods, in order to difcharge him wlic before was made Debtor for them. 30 10 1 / Received Advice, that Ship James, is fafely ar rived at Jamaica, on the Bottom of which I hai lent 200/. wherefore I have received the faid Prin cipal andlntereft of Mr. Jacobs, by Captain Jebb Order, amounting to rrr ' — ^ 24000 WA s r E-B 0 0 K, For the journalizing this, fee Rule in the zift ofj £■ j February. -joth.-r^-:- I have fhipped on board the Dragon, Captain Rubb, Iconfigned to Jofeph Daken, Merchant, at Hamburgh, to fell, for my Accompt, the following 7 Hoglheadsj of Sugar, marked and numbered, as per Margin /) For the journalizing this, fee Rule in March 24th. 1 -:-Jl&vift.-- Paid James Sxibfm, for Infuring t ool. on the a jbove Adventure — — — For die journalizing this, fee Rule in March 27th. The 7 Hoglheads, qty 130 C. 2 %r. :i l.perC. — — Paid Cuilom, and other Charges 30 1 There is due from the Cuilom Houfe, for the Draw¬ back of the faid 7 Hoglheads of Sugar, iirll imported, id now exported — ,— — — In Cafes of this Nature, you have nothing to do bull debit the Cuilom Houle, either to the Adventure, to the Goods themfelves, whether yo.u pleafe, for! (the Drawback, and to credit the Adventure, or tl 1 Goods for the fame Sum, the Refult being the fame either Cafe. - 7 th.--—■—;- A I have this Day received Advice, that Ship, the \Dragon, is call away, being on her Voyage to Ham¬ burgh, the total Damage is — — Of which Lofs, James Snibfon is to Anfwer for — — — ^ 100 0 o And I the Reft, which is — 65 14 o In fuch like Cafes as this, where yon have the News of the Ship and Cargo being loll; therefore the Adventure mull now be difcharged, by making James Snibfmi, the Infurer, Debtor for the Sum he has in- fured, and Profit and Lofs Debtor for the Reft; and, confequently, the Adventure will be Creditor for both. There was due to Samuel Smedky, of Uttoxeter, thej [ad ,of April, laft pall, one Quarter’s Rent of my Houfe. The Subsidiary Books. In fuch like .Cafes as this, you have nothing to do,If. but debit Profit and Lofs to your Landlord for your Rent, when due, and credit him for the fame. ' ---- May 8th.-—--- y There was due to me, from Thomas Crabb, the ill ' of April, laftpaft, one Quarter's Rent, of Hobbs Farm ic In Cafes of this Nature, debit the Tenant to the Farm, for the Rent, when due, and credit the Farm Wbe Form of the Book of Charges of Mer -1 chandize. jto Paid for Shop-Rent — — — o Paid for Shop-Books — — — J Paid for Paper — _ — ojpaid for 3 Cellars — — — zo Paid.for Poftage of Letters — — 30 ,Paid the Book-keeper his 3 Quarters Salary Paid Men attending the Warehoufe — See Wafte-Book B, OBober 3d Butter, at o 16 o 80 00 4oBarrelsof/rj$Tongues, at 1 10 o 60 00 Commiflion, sill, per Cent. — 4 1 74 Charges — — 2 17 84 413 1 10 And this, at 10/. per Cent, in Favour of England, makes Sterling — — — See Waite-Book A, March 31ft, and Book- heeping, inFaftory, afterwards inferred. 377 The Form of the Sales Book, April 9 . 1759 . Accompt of Sale, of 30 Pieces of Holland, re* ceived per the Anne, John Vernon, Mailer, for Ac¬ compt of Hans Van Dealen , of Amjlerdam. The Subsidiary Books. Pieces /. !. i. Sold Jams Will:, 20 at 8 12 6 to pay t Months — — [Sold James Meannxtll 15 at g 10 o Receiv’d in Part 71 Reft due at 2 Months 71 Pieces /. I. i. Sold the remaining 15 at 11 126 /. Received 3 Pieces Broad Cloth at 13/. ? l 7 r. 6 d. — And for the Reft, a Bill at Sight, on? IJ2 James Snott — — 5 50 Pieces Charges. / Paid Freight and other Charges 5 2 Paid Wharfage, Cartage, £?V. 0 Commiffion, at 2 { per Cent. — 12 Due to Hans Van Dealen, for : received at Proceeds, when] received — — , , ~T , See Wafte-Book A, April 2d, 3d, 4th, 5th, 7th, See Bookkeeping, in Faaory, afterwards inferred. The Form of the Warehoufe Book. I Received from on board the Mermaid , Stephen , \Lee Matter, 7 Hogfheads Sugar, numbered from 1 to 7, and. marked as per Margin, and weighingj re-*,#. n-. a 1 16 5 —19 2 4 2 0 6 — 19 2 O 2 .0 7 — 19 2 O [-19 t — 19 3 — 19 77 3 2 4 ;8 2 4 77 3 2 4 Grofs Tare 2 o at 22r. 6 d. 7 ‘he Subsidiary Books. Delivered the above 7 Hoglheads Sugar to £. Captain Rubb, Mailer of the Dragon, numbered as above, and marked as in the Margin, rs. neat, at zor. t- — — '3° N. B. The Particulars may be fet down as a- bove, or may be thus abridged, and a Reference made to the Place where they are particularized. See Waile-Book A, and the fame Dates. The Form of the Bill Book. According to the til Defcription of it. February, to receive Of Jofepb Grimes, with 2 Years Interell Of John Grimes ' — ' — February, to pay To James Snihs, with 2 Years Intereil To Paul Jamfin — — 220] 7 ° m N. B. And whep received, or paid, it is ufual to cancel the Line, or to write received, or paid, or to make fome Mark whereby it may be known, that they are received and paid. See the Inventory of Waile-Book A. Note, alfo, that the Payments are here fet under the Re¬ ceipts, to prevent taking up too much Room. The Form of the. Receipt Book, Received, February 16th, 1759, the Sum of three! Hundred and twenty-four Pounds, in full for Principal and'Intereil, on my Bond '—— 'per James Stubs A N Received, February 24th, .1739, the Sum of fe- venty Pounds; bv Order, and for tlie Accompt of Paul Jamfin ' — — ' _ per John Si/i. See Waile-Book A, and the fame Dates. JOUR- (i) 45 The JOUR N A L, A, Laus Deo, in London, January ift, 1759. Sundries Drs to Stock, 5180/. 1 6s. 81 i. 1 s. d. 3. Caih, in ready Money — 1000. 0 0 . Jofepb James, Banker, of Cheapfide 2000 0 0 1. HobbsF&rm, let to Tfo.OaM, and valued 1333 6 8 . Sherry for 15 Pipes, at 36/. 1 or. — 547 10 0 2. Jofepb Grimes, per Bond, due 3d February 200 0 0 John Grimjionfper Bill, due 20th February 100 0 0 £■ 5180 370 . Stock Dr to Sundries, 370/. viz. 1 . s. d. . To James Saits, per Bond, with Intereft, } from February 16th, 1757 — S ^°° ° ° . To Paul Jamfon, per Bill, due 24th Ditto 70 0 0 «d 00 .■ Samuel Smedley, of Uitoxeter, Dr to Cadi, 10/. ijj. Paid for Repairs of the Houfe in which I live — ,0 I S 0 j-; Stephen Taylor, of Stratford, Dr to Calh, pool. Lent him, to pay on Demand — — 700 00 0 l- Caih Dr to Sampfon Noble, of Cheapfide, 300/. Borrowed of him, on my Note, for 30 Days — 300 00 8 \\ Plate and Jewels Dr to Caih, 10/. 2 s. 6 d. Bought a Silver Tankard, and a Dozen of Knives, and paid — — — 10 02 6 Charges of Merchandize, Dr to Caih, 7/. 7 s. Paid for a Set of Books for my Compting-Houfe 7 07O :■ Madeira Wine, Dr to Caih, 320/. 'Paidfor 10Pipes, at 32/. — — 320 00 0 .• Broad Cloth, Dr to Stephen ITebfter, 195/. " Bought 30 Pieces, at 6/.-10;. payable on Demand 195 000 January 1 4 6 (2) The JOURNAL , A. To Jeremy Godby, for 20 Pieces Stuffs, at 3/. 6s. bd.fer J0 Piece —— —— — 3 To Ditto, for 30 Pieces Long Ells, at 3/. 3s. 6 d. fer Piece 95 5 To. Call, paid.Charges — — — 1 6 ]Lifion Wine, Dr to Sundries, 108/. Sundries, Drs to Jofefb Grimes, 220/. Ca(h received, fer Compofition, at 10$. i Profit and Lots abated him - Bought of nomas Sfelman, 32 Yards Broad Cloth, given him my Bill on Ditto Taylor :—- —February 3d.— Sundries, Drs to Sherry, 152/. iSamffon Nolle, DrtoSheriy, 222/. '"aid Stephen Clough, 6 Pipes, at 37/. fer Pipe, for which he has given roe a Bill on Samfpn Noble — — \Stcflen Taylor, Dr to Calh, 7S L 3s. 6 i. Paid my Bill on him, to Sampfon Noble, which he has rcfufed pay,, together with Charges - — — *8 ( 4 ) The JOURNAL A. —-——— -London, February 24th, 1759. - • ■ - - £• Pauljamjin, Dr to Cafli, 70/. ' Paid John Silkj by his Order -—- ——■ —i 3! Muflin, Dr to Broad Cloth,■ 33/. I2r. , Received in Barter, 1 Piece of Muflin for 1 Piece of Broad Cloth of the fame Value — —• — —. — — VAJobnTniJIy, Dr to Sundries, 268/. 7* Rum, for 4'Hoglheads, at 30/. lot. per Hogfliead — 122 Z Sugar, for 5 Hogfhcads, at 25/. 101, per Hogfhead — 127 Received of him in Barter,-. ' - ;- —March i ft.- 1 - • Sundries, Dr to Madeira AVine,. 175/. Bhis, Dr to Cafh, 100/. ' Paid his Bill on John Doubt's I Protefting — — 2 -; Sufpenfe Accompt, Dr to.Muflin, 35/. 121. ' For r Piece, fold John Cutter, either to be kept or returned in 4Days -7th.-:- Calh Dr to James Stubbs, 30/. ’ Received an Earneft for 5 Hogfhcads of Sugar, to be delivered in 4 •tho'^ OtiRNAL, A. ( 5 ) te n Ncedbam > Dr to Cafh, zoL : eed with him for 3 Pieces of Colcbejier Baize, to be delivered ir Days Timd; and hdvS advanced forEa'rneft — I Ship Jar.e, Dr to Cafh, 37/. 1 Paid tny j Share of Repairs. Bills receivable, Dr to Sufpenfe Accompt,^/. 12s. \jobn Cutter, having agreed to take theMuflin I fent him the 6th In- ■ ftant, has fent me a Bill at Sight, on Jacob Long, for - -— I fioufe Expences, Dr to Cafh, 20/, ijs. 6 ^, Paid Ex pences_fmcey<3ntfjry lift ■— —iMTfoh, March 8th, 1759.- S^ndrles, Drs to Sugar, 130/. Delivered him the 5 Hoglheads of Sugar, fold him the 7th Inftarit Cblebejier Baize, Drto Sundries, 105/. To John Needham , formerly advanced him — 20 o 0 ToRbm, for 2 Hogflieads, at 3i/,“ioi, Hogih’ead '63 o o To Cafh, for the Reft — • -- 22 o c Received of JobhNccdbam, the 3 Pieces I agreed for on the Sth In- 13th.- Yfamts Grant, Dr to Sundries, 129/. Sundries, Drs to James Grant , 90/. cifh received of him, in Part of faid Goods Bills receifatdfc/fdf one on James Neon 5 o (6) The JOU-RN.AU.-k Sundries, Drs to Jama Tbornby, 245/. 5. Woollen Goods, for 12 Pieces Druggets, at 4/. “ Lottery Tickets, for 5, at 39/. tor. — — Jama flornby, Dr to Sundries, 200/. , To Colchejier Baize, for 3 Pieces, at 33/ 6s. 8 d. ~ l'o Bills payable, for Captain Bold' s Bill — _-—15th.- Calh Dr. to Ship Jane, 60I. ' Received my j Part of the Freight of Ditt ■ Calh Dr to Lottery Tickets, 85/. ' Received for 2, at 42/. 10s. each _17th.- 1 IjobnGafe, Dr to Lottery Tickets, 39/. 10 |For one fold him, to be paid on Demand Profit and Lofs, Dr to Calh, 1). 5s. , . , ^ r.„, Paid Peter Smith, one Month’s Intercft of 500/. at 3/. per Cent. . -London, March 14th, 1759.- Adventure to Exeter, per the Heron, Dr to Sundries, 56/. To Woollen Goods, for 12 Pieces of Druggets, at 4 1 . 10s. 7 per Piece - — . ~ > To Calh for Charges paid — • - Adventure to Jamaica, per the flying ftp, Dr t0 Sundries, .551/. ' • /. , 95 " 0 0 .1*0 Calh, paid for 30 Pieces, at 15/. tor. 3 10 . 9 c . To John Grimes, for 10 Pieces Scarlet, at 4/. 10s. pay- 7 ^ 0 0 ! able at 3 Months —— ' J , . To Calh, for Charges paid —- - 126 -27th.- 9-Ditto, Dr to Calh, 15/. , r . ' 3 ’Paid for Infilling, 300/. on the faid Adventure, at 3/. per Cent. eSjeremy Godby, Dr to Sundries, 161 /. 131. The CASH-BOOK. Per Contra C By Samuil Stnedhy, paid Charges on tty) Houfe « By Stephen Taylor, lent him on his Note — . . By Plate and Jewels, paid for a Tankard and a Dozen of j By Charges of Merchandize, paid for a Set of Books — 10 By Madeira Wine, paid for to Pipes, at yil. per Pipe By Woollen Goods, paid Charges thereon - _ By Lijbtm Wine, paid in Part of 4 Pipes, at zy/. per Pipe By Ballance, to be carried to the Dr Side of the next 7 Per Contra Ct By Stephen Taylor, paid my Bill on him- — By Jamct Troughy, paid him in fill! . *— ... By R'efufal of Bargains, paid for the Refulal of 500/. Stock 16 Ky James Snibs, paid him in full ofhisEond - By Profit and Lofs, paid him in full tor Intereft -• By Stephen Clough, paid for Protefting his Bill - By Profit and Lofs, given the Foundling Hofpital - By Bottomry, lent on the Bottom of Ship James . -. By Paul Jamfon, paid John Slit, by his Order —. By Ballance, or the new Accompt ■ Per Contra Cr] By John Blots, paid his Bill with Charges -- By Ditto, paid Samuel Paulct, by hut Order — ,5 By Ship Jane, paid for my -5- Share - 8 By John Needham, pa : d him on forehand Bargain —. q By Ship Jane, paid Repairs - —— By Houfe Expences, pai& (met January ill —• By Colebrjler Baize, paid'on forehand Bargain - By Profit and'Lofs, paid P.etcr Smith, 1 MontlPs Intereft By Adventure to Exeter, paid Charges ■ ' By Adventure to Jamaica, per the Flying Fifi ■ - By Ditto, paid for Infurance of Ditto . —■ • By Jeremy Gcdby, paid him in full — . —. ■ By Ballance, or the new Accompt — — Per Contra Cr\ By Hans Van Dealer's Accompt of Holland, paid Charges 7 By Ditto, paid Ditto - — — - By Hans Van Dealcn, paid for Packing 3 Bales — By Ditto, paid Jacob Jones, and fent Ditto Dealer - By Amountment carried to Per Contra — — 5 § the I N D E X T A. Fol. Adventure to Exeter — 9 Adventure to Jamaica — 9 Adventure to Hamburgh — 11 G. Fol Grimes, Jofeph — .2 Grimjlon, John — 2 Godby, Jeremy — 3 Grant, James — 8 Goo/e, John - 9 Grimes, John — 9 Goods in the Hands of John Stone - 5 1 B. Fol. Broad Cloth — j Bills receivable — 6 Bottomry —*—« 6 Blois, John — 7 Bills payable" — '/■' 9 Balance - .. 13 H. Fol Hobbs Farm — 1 Houfe Expences — 8 Hans Van Dealen’s Accompt ? of Holland — $ 10 Hans Van Dealin — ".to C. Fol. Calh — — 3 Charges on Merchandize — 4 Clough, Stephen ——— 5- Colchejler Baize — , 8 The Cuftom-Houfe - 11 Crabb, Thomas - 11 ’■ « James, Jofeph 1 Jamfon, Paul 2 D. ■K. E. L. Fol Logwood — 5 lijbon Wine — 5 Lottery Tickets — 9 F. M. Fol | Madeira Wine Muflin Morgan, Jamet cr ALPHABET. 59 N. T. Fol. : M Mbit, Sampfen ■ — 2 Taylor, Stephen — 2. Needham, John — - 8 Troughy, James — s Nazby, John . ' *— M Trttfiy, David — 7 Nattier, Jacob — 11 Trujly, John — 7 Plate and Jewels — 2 Webjier, Stephen — 4 Profit and Lofs ' — .4 Woollen Goods • — 5 Wells, James — 10 • i % 9 Per Contra Cr I. By Jofcph James , Banker, in his Hands -■ I. By Cafh, in ready Money ■ ' ■ — . l. By Hobbs Farm, for its Value • — —— i. By Sherry, for 15 Pipes* at 36/. ioj, ^frPipe —— 1. By Jofepb Grimes, per Bond, due February 3d — — I- By John Grimjlon, due February 20th — By Profit andLofs, gainedfince January ift- In balancing this Accompt, when the neat Gain is added hereto , you mufi jubtrafl the Dr Side from the Cr (’which in this Example •will leave 53^8). 4s. nd.) and credit Balance by Stock for the Remainder. Per Contra Cr By Balance due to me - . In balancing this Accompt , fince Jofeph James has paid you nothing, you have nothing to do, but to debit Balance to it for the Whole, and credit Balance hereby for the fame Per Contra Cr By Thomas Crahb, for I Quarto’s Rent, due April ift, ’laftpaft -- - _ By Balance remaining — —_ In balancing this Accompt, you mufi firjl debit Balance to it for its prime Coji, and credit it by Balance for the fame I Secondly, you muft debit'it to Proft and Left forthcRen\ or Gain, ana credit Proft and Lofs for the fame Sum,. I (0 61 ]Per Contra Ct\ By Cafli, at 37/. 10s. per Pipe, for -■ By^LcW^^ t38/ -^ 1V ’' f0r By Smpfon Noble, at 37/. per Pipe, for --. In balancing this Accompt, fince all are fold, you debit it to Profit and Lofs for the Gain, and credit Profit ii (2) LEDGE R, A. 5. Jofeph Grimes To Stock, per Bond, due February 3d — —— To Profit and Lofs, for 2 Years lnterefl — Dr 4 £■ 3 _ .2 _ See the Note on Jofeph James. — I i° - 10. Stephen Taylor , Stratford , • ~DA To Cafh, lent him on his Note 2 To Ditto, paid my Bill on him, which he refufed to pay 78 5 See Note on Jofeph James. 77 s S 6 11 . Sampfon Noble , of Cheapfide , Dr To Sherry, for a Bill on him for 6 Pipes — * To Stephen Taylor, for my BUI to him on Ditto Taylor 2 78 30c 12. Plate and Jewels Dr To Cafh, paid for a Silver Tankard and Knives - 6 flit Accompt is made Dr for all *Things- of this Kindi ivhith you purcbafe } and for whatever elfe you judge prepcA to come under it's Title. 13; Madeira Wine Dr To Cafh, at 32/. per Pipe, for — 10 3 320 ■0 To Prof t and Lofs gained hereby -z— \ * •5 1 See the Note on Sherry, j !! 335 1 1 LEDGER , A. (2) % I Per Contra By Calh, received in Compofitioh - By Profit and Lofs, abated him —- Sec the Note on Jofeph James. -- \Per Contra Cr 3 ByCaih, received of him in full, by the Hands of Job k S ee the Note on Jofeph James. Per Contra . By Stock, per Bond, due February 16th See Note cn-Jofeph James.. \Per Contra !y Stock, due February -. See the Note on Jofeph; ; Per Centra . . 9 By Profit andLofs; for I Quarter’s Rent, due the April laft paft- - . ■ —& ' In balancing this Acccmpt, you mujl debit SamuePSW ley to Balance.fiffyuhat you owe him , and credit Balanc by Samuel Smedley, for the fame Sum, , Per Contra . . . C 2 By Broad Cloth, for my Bill op him ' - 1 — 2 By Samjon Noble, for my Bill to him on Ditto - 3 By South-Sea Stock, for my Bill on$itto — 3 By Calk, leceived in full ■■ — ■* — 1 ■ \Per Contra ByCaih, borrowedof him on my Note See the Note on Jofeph James. Per Contra By Balance remaining - — I In balancing this Acon-.pt, you have nothing to io, bm\ to debit Balance to it for the Sum on the Dr Side, and cre-\ }: ‘ ‘''s Acccmpt , by Balance, for the fame Sum. ' \Per Contra By JcbnTru/Jy, given him in Barter — 3) L ED G E.R, A. i' 4 - Cajh j) r i. To Stock, in ready Money 1 mb ‘> borrowed of him for ao Days — , 2 receivedinC ° m f>fition, at lor. per ? ^^^ receivedforj Pipes, at 37 /. ror.pwPipe J * To Ditto, received m Part of 4 Pipes, at 3 S l, per Pipe i 3 btephea Taylor, received of him in full — ^ * 3 To Stephen Clough, received of him in full * — • c ; 3 To Profit and Lo'fs, received a new Year’s Gift _ 7 l havingpaidmeinfull J 3 -i ™ trbm,b > borrowed of him on'Bohd, at al. per Cent. 6 J To Madeira Wine, in Part of j Pipes ■ - 3 F \ i ?° >““■*?***;* eceived of bra O" a forehand Bargain g ’ T °^ S reCembk > receive,i J Qbn CW/e/s BiU on John To Sugar, received on forehand Bargain . -ZL. ~ To Jama Grant, received of him in Part of Accompt 8 To Ship Jane, received" my | Share of Freight __ - To Lo.tteiy Tickets,, received for 2, at 42/. 101. each l 1 Part” ^ DmI ‘" S Accom P t of Holland,’ received in To ST !Vab l\ teCE, '' ed 'e 1 0 John Stcne.ot Jamaica, his Accompt Current, re- ceived my Bill on Ditto -■ . jQ ITo Bottomiy, received by Captain Jcbb'z Order — Tg Accmpt,~vrhrcb isfirjl clofed, you fun, up the Dr ' 66 ( 4 ) LEDGE R, A. I 1I15. Profit and Lofs Dr\ J A <83 226 3 ! 'i To Joseph Grimes, abated him, he being broke --- ToCa/h, paid James Snibs, 2 Years Intereft . To Ditto, given the Foundling Hofpital - — — - ToCafli, paid Peter Smith, 1 Month’s Jntercft -- To James Morgan, of Dublin, for Difcount, allowed him To Adventure to Hamburgh, per the Dragon, loft ■ —— To Samuel Smedley, due to him for 1 Quarter’s Rent To Charges on Merchandize - — , To Sugar, loji thereby ■ ■■■ — - ... — - - - To Houfe-Expcnces -- -- To Colchcfter Baize, hf thereby -- To Stock-, gainedJincc January ill: — N'h 938 *6 ,4 The Dr Side of this Aceompt fbcnvs all your Lojfes, the Cr Side all your Gains', and although other Accompts may be fub- pituied for this, as Auxiliaries to it 5 fitch as Charges on Mer¬ chandize, Houfe-Expences, See. yet they are all credited at lafi by this Aceompt, and hither carried. V/kcn all other Accompts are put up or balanced but this Stock, and balance, and the Gains or hopes arifing from thence hither carried, then in 'order to balance this Aceompt, you mttft fubtratt the Sum on the Dr Side, (in this Example 391I. Ss. id.) from the Sum on tbeCrStdc, (inthisEx- amplc 93SI 16s. ^d.) and debit this Aceompt to Stock, fai¬ ths Difference (in. this Example 547I. 8s. 3d.) and credit Stock for the fame Sum. 16. Charges on Merchandize Dr To Caft, paid for a Set of Books - This Aceompt is cm Auxiliary to Profit and Lofs, and is made Dr for Charges on Stores, Clerk's Wa¬ ges, and federal other Expends attending Trade, and not properly chargeable on any other Aceompt ; but it would fame a great deal of Labour, were they charged to Profit and Lofs as they happen. See the zd Set of Books. 77 o uy. StqhenWebfier Dr. To Bahu:cc due h 95 0 ° LEDGER , A. (4) 6.7 By Jofepb. Grimes, due to me for 2 Years Intereft —- 3 By Cafli, received a ne\y Year’s Gift -- By David Trufy, Executor, due | a Year hence - ” * v 'ics Morgan , Executor of Coufin Cox, due- 1 Yea 3 By Hans VanDcalen, of Amjlcrdam, for Ditto 1 By Hobbs Farm, gained thereby - By.Shcny, gained thereby —. — Madeira Wine, gained thereby - By Logu'ocd, gained thereby ■ ■ - By Woollen Goods, gained thereby - By Broad Cloth, gained thereby — *— By Bottomry; gained thereby ■ ^ - By Rum, gained thereby — — By, Mt/jlin, gained thereby - By Ship gained thereby -- — By Lottery Tickets, gained thereby ■ By Adventure to Exeter; per the Heron, &c. Per Contra I By Profit amlLofs In balancing this, and fitch Me dccompts, yon have nothing to do, but to debit. Profit andLofs'to it for the Sum on the Dr. Side, and credit it by Profit andLttfis for the fame Sum. ■ ’ Per Contra Cr 1 By Broad Cloth, for 30 Pieces, payable on Demand — This Accompt is theRevcrfie of Jofepli James’s, and is balanced in a reverfe Manner, by debiting Stephen Webfter to Balance for what you awe him, and crediting Balance■ by Stephen Webfter for the fame Sum. K 2 s| I 9S] ° ° 70 (6) LEDGER, A. | 125. Refufal of Bargains D S.I12 hjToCafh, paid for the Refufal of jco/. South-Sea Stock 74 126. Soutb-Sea Stock 27. Bills receivable To Stephen Clough, for his Bill at Sight, 0: rm Jeffreys at Sight, 0. '5 To Sufpenfe Accompt, for John Cutters Bill Is To James Grewt, for his Bill at Sight on James Nom, for " To Hass Van Desks s Accompt of Holland, for Jam Ssott's Bill, payable at Sight, for —- :m To John Store, of Jamaica, his Accompt Current, forhisl Bill on JoJ. Mcor of Lor.dor,, a 2 Ufancc, dated April ill This Accompt is debitedfor all Bills drawn in your I Favour (and the Dr Side is always heavier, or at\ leajl equal to the Cr Side) and is credited upon yourl dtjpojal ofthem, or when the fame are paid. 2 8. Bottomry Dr\ To Calh, lent on the Bottom of Ship James — To Profit arid Lofs, gained hereby - This Accompt is, properly fpealting, an Auxiliary of Profit and Lofs, the fame being debited for what you lend, and credited cither by what you receive, or by Profit and Lofs, in Cafe the Ship be lofi, and this holds good for Wager's Accompt. 29. Peter Smith To Balance due to him 72 (7) LEDGER, A. 30. David Lnijiy, Executor, Dr £■ t* *759 Feb. 26 To Profit and Lofs, due A Year hence - 300 _c 31. Mufiin Hr I Ps 1759 FcA, 2; To Broad Cloth, received in Barter for 1 Piece Ditto To Profit and Left, pitted hereby - 1 35 ' 35 1 1759 ftf. 28 32. John Lrujly Hr ToMadeiret Wine, for 5 Pipes, at 32/. per Pipe - To Lijbtn Wine, for 4 Pipes, at 27/. per Pipe — - 268 7755 ^ 33. Rum To John Frufty, received in Barter, at 30/. lor. To Profit and Loft, pined hereby - Hr mdt 4 See the Note an Sherry. 4 126 JJ 59 2' 34. Sugar Hr Hhit s To John Fnfty, received of him in Barter, at 25L - 12' 1 ■ 4 ”'. 3 To John Stone, of Jetmttiat, his Accompt Current, ^ To Cclh, paid Freight on Ditto - Here yon have an Example efan Attempt of Good1 where all arc fold, and you have loft hereby, being Invcrft to that of Sherry - - V 7 ' 3 'so ' 295 SB. 35. John Blois Dr 2 4 To Calh, paid his Bill on John Doubt ■-_ 3 4 To Ditto, paid Samuel Pmtlct, on his Letter ot Credit — 3 30 11 _J 130 1759 Afar 36. Ship Jane Dr 5 4 To Calh, paid for my y Share - g 5 To Calh, paid for Repairs — — and all after Charges, &c. Cr for in Value when [old, and alfi fir the Freight paid or owing. See Hobbs Sam. 3 100 3 37 Per Contra Cr\ By Rum, for 4 Hogflieads, at go/. ior. per Hogfhead — 4 By Sugar, for 5 Hog/heads, at 2,5/, ioj. per Hogfhead —■ By Balance due to me . —• —— For balancing this, fee Stephen Clough. LEDGER, A. (7) 73 I Per Contra Cr\ \Per Contra Per Contra By Adventure to Hamburgh, per Dragon , for 130 1 By the Cuftom-Houfe, for a Drawback ~ By Profit and Lofs , loft hereby * — In balancing this Accompt, yoti muft debit Projit and Lofs to . it fa- the Lofs , ana . credit this Aecmpt by Profit and Lofs for the fame Sum. Per Contra By 'Balance due to me - —— See the Note on Jofeph James, for balancing this. Per Contra Cr\ |6 By Ca/h, received my \ Share of Freight —— By Balance , remaining my \ Part ■ — — In balancing this Aecompt , you fit ft debit Balance to it fa the Value of the Ship remaining , and credit this Aecompt , fy Balance, for the fame Sum . Secondly, you muft debit the Ac¬ compt to Profit and Lofs fa- the Gain (or the Rcvcrfe, if yon had left) and credit Profit and Lofs fa the fame. 74 (8) LEDGER, A. 1137. Sufpence Account DA 1 6 4 To Muflin, delivered John Cutter 1 Piece on his Choice ‘Ik Dr Side of ibis AccomptJJhews what Goods arefenti f on Choice, andtowEom', IheCr Side, whether the Jamd re kept or returned. H 38. James Stubbs Dr\ I5 To Sugar, delivered him on forehand Bargain rr' 39. John Needham To Ca(h, paid him Earneft 40. Houfe Expences Dr\ To Ca(h, paid for Houfe-keeping :- Ibis Accompt which is an Auxiliary to Profit and Lofs, i made Dr for all your Expences in Houfe-keeping, as Promt- lions, Pocket-money, Wearing-apparel, lee. but it would Jam,, a deal of Time, wen thefe Things carried immediately toPro-\ fit and Lofs. See the 2 d Set of Booh. 41. Colchejler Baize h To John Needham, 1 5 To Rum, for 2 Hogfheads, Vat 3 “ lh, paid the Reft, J ‘ Dr\ 42. James Grant . | 5 To Logwood, fold him 3 Tons, at 22/. per Ton 5 To Rum, fold him 2 Hoglheads, at 37/. 10s. peril For the balancing this, fee Stephen Clough.. 43. James Thornby 1 6 To Colchejler Baize, for 3 Pieces, at 33/. 61. id. - 6 to Bills payable, for I at Sight, to Captain Bold . To Balance due to him rr~r rrr- Ledger, A. Per Contra Cr\ |s[By Bills receivable, for i at Sight; on jacd Long —■ e Accompt isballahccd in Courfc ; but if the fame turned^ then ibis Accompt is elofed by being credited by\ e, and Balance debited to this Accompt for the fir 1 (8) 70 Per Contra By Profit and Lofs Per Contra By James Chorniy , given him in Barter, a By Profit and Lofs, lofi hereby — ■ -- For the balancing this Accompt, fee Sugar, Per Contra By Cafh, received of him in Part — By Bills receivable, for i on James Noon, at Sight . By Balance due to mt ■ -■. \Per Contra For balancing this, fee Samuel Smedley. (9) L EDG E R, A. 44. Bills Payable Dr To Balance, for j- at Sight, to Captain Bold - ■ To Ditto, for I at Ufancc, to John Gregory - i Tbh Attempt is debited for ail the Bills pen have paid 0: difpofd of, and is debited to Balance for tbofe unpaid, — J ' Balance credited by this Attempt for the fame. 46. John Goofe |6 To Lottery Tickets, payable on Demand 45. Lottery tickets |47. Adventure to Exeter, per the He-| m, Dr |6 To Woollen Goods, for n Pieces Druggets, at 4/. ioj 6 To Cadi, paid Charges at Shipping - - To Profit and Lofs, gained hereby - — J The Dr Side of tl'is, and all other sldvcnturcs, jhctvs ibe\ Charge ; the Cr Side, what Returns are made in Sterling] Money, provided the Goods be fold. 1-8. Adventure to Jamaica, per the Fly- ing-Fifh, Dr\ To Broad Cloth, for 30 Pieces, at 61 . toj. per Piece 6 To Cafh, for 20 Pieces Holland, at 15/. 10s. per Piece 6 To John Grimes , for 10 Pieces Scarlet, due in 3 Months To Cafli, paid Charges - - — . To Ditto, paid for lnfuring 30c/. at 5/. per Cent, Jfi By James Tbornby, for i at Sight, to Captain Sold - ; 8 By Hans Van Dcalen, of /Jmferdam, atUfance, for ' ' John Gregory -- - i ■ This Accompt is credited for all Bills drawn on you, whicbl [you have accepted to pay, ' See Bills receivable. Per Contra i6|6 ByCalh, at 42/. ior. per Ticket, for —- 16 By John Goofe, payable on demand, for — By Balance remaining^ at 39I. ios. —— For balancing this Accompt , you mijl firfl debit Balance to it for the Value of what is unfold, and credit this Accompt by Balance for the fame Sum. t Secondly, you muft debit, this Accompt to Proft and LofsfiA the Gain, and credit Proft and Lofs hereby for the fame Sum. I Per. Contra L ED G E R, A. (9) 77 Cr\ ■Per Contra O \Per Contra Cr\ & By Jofcph Toft, of Exeter, for neat Proceeds - In balancing this , and fitch like Accompts where the Good: are fold, you have nothing to do, but to debit the Adventure to Proft and Lofs for the Gain (or the Reverfe if you loft) and credit Proft and Lofs by the Adventure for the fame Sum . H4 \Per Contra Cr orfey Balance, outfanding For the balancing this Accompt, nnd fuch like, where you have no Advice of the Sale of your Goods, you muf dehit Ba¬ lance to the Adventure for the Sum on the Dr Side, and credit the Adventure by Balance for the fame Sum . \Per Contra Cr\ x 759 Marl 4 By Adventure to Jamaica, due in 3 Months 9 45 0 0. 78 (io) Ledger, a. ko. James Morgan, Dublin, L)r\ r ar|28j7 To Profit and Lofs, for a Legacy left by Coufin Cox — See til Note on Jofeph James. . Hans Vans Dealers Acccmpt of Hol¬ land Dr\ I7 To Cafli, paid Cofiom and Charges on 50 Pieces — 7 To Ditto, paid other Charges - - 7 To Profit and Lofs, for my Commiffion, &c. ata/. iptrCY. 7 To linns VanDcalen , of J.imfterdam, when teceived — This Accanpt, and all other of tie fame Kind, is debited foA all the Charges and pur Commiffion, and credited for all till (51. John Stone, of Jamaica, his Ac comp l\ Current, Dr\ |7|To Janies Morgan, of Dublin, (hipped him by Order See tie Note on Jofeph James. 53. James Wells 7 To Hans Van Dcahn's Accompt of Holland, at Dr 2 Months 54. James Meanwell 7 To Ham Van Deafen's Accompt of Holland, at Dr : 2 Months 55. Hans Van Dealen of Amjlcrdam Dr\ 8 To Bills receivable, abate! by him ~ * 8 To Broad Cloth, for 3 Pieces •-- —. S To Woollen Goods, for 20 Pieces Stuffs, and 30 Pieces Long| 8 To Cafh, paid for Packing •-. -- 8 To John Nazby, for Dying — — . 8 To Jacob Noddcr, for Preffing -. -_ 0 To Profit and Lofs, for my Commiffion on 267/- iSs. 2/. per Cent. — — To Bills payable, for his Draught on m \To Balance due to him By Catfi, received of him for my Bill, Favour William Nutt 9 By Bills receivable, for -i on Jofcpb Moor of London ■— 9 By Sugar, received from on Board 7 Hogiheads, qty 130 C. -I 9 By Goods in his Hands for my Ufe — . . -- 2 L E D G E R, A. Per Contra 0| 7 By Profit and Lofs. for Difcount on prompt Payment |7jhy John Stone, of Jamaica, his Accompt Current - (10) 79 £.ls Per Contra Cr By JamesWells, payable in -a Months,-for'20 Pieces- — 7 - By Jjtr.a Mamodl, payable in a Months 7 n . 7 By Ca/h, for the Reft of 5 1 5 Pieces 5 7 By Broad Cloth, received 3 Pieces in Barter 7 n . '“'By Bills receivable for the Reft of ' J I S Plctc! , In balancing this Accompt, you ttwjl JubtraS the Charges] laud Commijfion from the grofs Saks or Sum on the CrSidei land debit this Accompt to your Employer for the neat Proceeds] '• Hands, whets by you recehcd. \Per Contra \By Balance due to me For balancing this, fee Jofeph James. ./By his Accompt of Holland, when received by me- — a By Woollen Goods, abated him —- *" . ' ’ im in Dying -p— 1'bis Acccmft is Dr for • Vivbatcajcr you (n) .-.ledger; 1 5 6. John Nazby 57. Jacob Nodder Dr 8 To Ca(h, paid him in full -• _ See the Note on Jofeph James, 58. Jofephfoft, of Exeter Dr 9|To Adventure to 'Exeter, per the Heron ,"for neat Proceedsj 59. Goods in the Hands of- John Sione\ Dr\ 9IT0 John Stone, at Jamaica, his Accompt Current I; The Dr Side of .this Accompt Jhews the Value of J Goods in yonr Pallor's Hands, Sterling, the Cr Side, ’when the fame are fold, -willJhcw their Value in the Coin of his 60. Adventure to Hamburgh, per the\ Dragon Dr| 9 To Sugar, for 130 Jat ll. pcrC. contained in 7 Hogflieads 9 To Cafh, pai d Charges — 9 To Ditto, paid Infurance to James Snibfon Jnfurer ] HerCj asthe Dr and Cr Sides of this Adventure art nfequcnily this Accompt is balanced in Comfc, 6i: c TheCtiJlom-Houfe Dr\ 9 To Sugar,.for a Drawback on the 7 Hogflieads --- |62. James Snibfon, Infurer 0 Adventure to Hamburgh, he having infui For the balancing this, fee Jofcph James, 63. Thomas Crabb |To Hsbh Farm, for 1 Quarter’s Rent, due April ift, Iaftj For balancing this, fee Jofcph James, 82 (12) LEDGER ,, 64 . Trial Balance Stock — _ _ Jofipb James Banker, Cbeapfide _ Hobbs Farm _ _ Plate and Jewels Madeira Wine . Caih _ Profit and Lofs _ Charges of Merchandizi Logwood __ Woollen Goods - Broad Cloth _ Stephen Clough South-Sea Stock Bills receivable - David drufiy Executor _. __ Muffin _ _ Jobs Trujly - - John Blois - , Ship Jane ._ __ Houfe Expences . _. _ Cihhejler Baize — L James Grant -- --- JamesThomby __ _ Lottery Tickets __ __ John Goofe --- ____ -Adventure to Exeter, per the Heron — Adventure to Jamaica, per the Flying-Fijh Jatnes Wells — _ _ James Meatsnuell _ _ Hans Van Dealen of Amjlerdam __ Jofeph Toft of Exeter ' _ _ Goods in the Hand of John Stone — The Cuftom Houfe _ . _ James Snibfin Infurer —— _ ‘Thomas Crabb ~ _ 369; *9: 39 10 | 5 6 366 426 7°h| LEDGER , A. trial Balance Hobbs Farm — — — — Sherry — ■—• — Samuel Smedley — — — .— Madeira Wine — — Calh — . — — Profit and Lofs — — — Stephen Webjler — — Logwood — — Woollen Goods t- — — Broad Cloth — — — — Stephen Clough — — — Bills receivable — — — Bottomry — — — — — Peter Smith — — — — Muflin — — — — John Trujly Rum Colchejler Baize -■ — jZl’sThornby - . Bills payable — Lottery Tickets -— Adventure to Exeter, per the Heron John Grimes ■■ Hans Van Dealen of Amjlerdam (12) 83 (ij) LEDGER,, I65. Balance Dr\ To Jofeph Jaynes Banker, on Demand — To HMs Farm for its Value — To Plate and Jewels - - — Td Calh on Hand .- To Stephen Clough on Demand — To South-Sea Stock for joo/. valued at To Bills receivable, for one on James\ ■ Noon at Sight J To Ditto, for one on Jofeph Moore, June 4jh| To DavidTrufy, due Augujl 26th —— To John Trujly on Demand - " To Jo'bn-Blois on Demand - To Ship Jane, for my j, which coll: — To James Grant, due 13th July -- To Lottery Tickets, for 2, which coil — To John Goofe on Demand -- To Adventure to Jamaica, per the Flying- ^ To James Wells, due June 3 T~ - To James Mtcawiell, due June 4th - To Jofeph Toft, on Demand . '- To Goods in the.Hand of John Stone - To the Cullom Houfe, due June 2d • To James SnihJon, on Demand - To Thomas Crahb, on Demand - The Dr Side of this Aceompt, jhews what \Ejfefis you have on Hand, as what Goods re- \mamtmJold. what Calk you have by you, what Debts are due to you, and from whom ; and, i^ljoft, ‘whatever you are worth, from which \is fompofd one Part of your Inventory. See I the next Wafe-BocL . 396 6308 LEDGER , A. (13) 85 I Per Contra Cr\ I £• U-K By Samuel Smedley, due to him on Demand By Stephen Webfier, due to him on Demand By Peter Smith, due to him on Bond, Fe- ? bruary 22d -— —. 5 ByJamesThornby, due ufajuly - By Bills payable, for one to Captain Bold, } at Sight — —-■ S By Ditto, for one to John Gregory, due ? the 10th Inftant - - 5 By John Grimes, due June 26th- By Hans Van Dealen of Amfierdam, due ? June 4 th - - . 5 By Stock for the mat of my EJlate - - The Cr Side of this Accompt Jhenus what you omie, aud to whom ; from which is com- pofed the other Part of your Inventory. See the next Waf e-Book. The former Part of this Balance, being a Colleffiou of the feveral Balances from the Cr Side of every particular Accompt, and the lat¬ ter Part a ColleSion from the Dr Side. The lafl Article on this Cr Side is your pre- fent Worth, or neat Bftate; and is brought from your Stock in order to compleat the Ba- ( 86 ) POSTSCRIPT 2d, Of Exchanges. A S I would not have the young Accomptant to b,e deftitute of any Thing conducive to a compleat Underftanding of the follow¬ ing Parts of this Work, I have thought it proper here, by Way of Poftl'cript, to fay as much as is fufficient, in regard to Exchanges, for the full Underftanding of it, and do here .put him in! Mind, ' that he ought/ before he fets himfelf about Book-keeping, to attain a compleat Knowledge of Tulggr Arithmetic, as far as the Rule of Three, and Fellowship inclufive, which! done, he then will be compleatly qualified for the Undertaking pf it, efpecially fince he will find every Queftion wherein any Difficulty occurs, already Ha¬ led to his Hand, and the true Anfwer fet down in order to com¬ pare with his own, and confirm the Truth of it. But to, proceed : There are fotir Things to be defined before I come to the Prafiife of Exchange/ andthefeare, ill, The real Money of every; Coun¬ try. 2d. The imaginary looney of it. 3d. The Tar of Exchange, and 4th. 1 he Courfe or current Rate of Exchange. 1 ft. The real Money of any Country, is a Quantity of fome Me¬ tal coined by the Authority of that State, and current at a certain Rate; as a Guinea, a Crown, a Shilling, (S’/, in England. zd. The imaginary Money is a Denomination which has no reaj Species or. Coin to anfwer it; as a Pound, a Mark, an Angel, a Penny, &c. in England. 3d. The Par of Exchange is, when any two Coins of different Countries do contain the fame Quantity of pure Gold or Silver, al¬ though of a different Weight. Hence it has been found, that the Ecu, or French- Crown is, to the Eugtijb Crown, as 9 to 10, and therefore the Par of the French Crown is fr. 6 d in Sterling. \ 4th. The Courfe of Exchange does not always run at Par, but often rifes above and falls below 11, according to the Plenty or Scarcity ofMoneyorBills, and the prefent Rate, at any Time, is called the Courfe of Exchange. Of the Exchanges of London, with the chief foreign i- Countries. ;A 111 fhall -fay here about them, is to fliew the young Accomp- taht the Method of calculating thofe Examples I have introduced into this Syftem of Book-keeping, together with an Exemplifica¬ tion of fome other Places not mentioned herein, and fhall-firft begin wi'th the Wcjl-lndks, where they keep their Books and Accompts in this fame Denominations as we do. Of EXCHANGES. 8> Of the Weft-Indies. tcmion exchanges with the Weft-Indies at fo ranch per Cent, in Fa¬ vour of England, which is commonly from 20/. to 60/. per Cent. more or lefs, as will be explained by the following Examples. By the Rule of Three. Auguft 8th As 140 : 100, of Which comes to the fame Thing, • 7 5 :: 900 2 6 : 642 18 11 Sterling. Again, As 7 5 :: 277 1 S 6 : 198 8 2 Sterling. Augnft 9th As 7 S :: 206 17 6 : 143 9. 8 Sterling. 10th As 7 5 :: 363 6 0 : 259 10 0 Sterling. 17th As 7 3 :: 58 3 6 : 5 :: 58 S 2 : Sept. 25th As 7 41 12 3 Sterling. 2d. Of Ireland. In Ireland, they keep their Books and Accompts in the fame De¬ nominations as we do, and exchange With London at fo much per Cent, in Favour of England , which is Commonly from 5/. to 15/. per Cent, more or lefs, as will be explained by the following Ex¬ amples. By the Rule of Three, Auguft 14th As no : ico, or,which comes to the fame Thing, 10 :: too o o : 90 18 2 Sterling. 10 :: 45 14 2 : 41 11 1 Sterling. 10:: 54 510 : 49 7 t Sterling. 10 :: 40 17 6 : 37 3 2 Sterling. to :: 352 4 o : 320 3 8 Sterling. 3d. Of Holland.. Here Books and Accompts are kqpt in Guilders, Stivers,and Pe- ningens. \ 16 Peningens \ C 1 Stiver. 20 Stivers > make< 1 Guilder, and 50 Stivers J> C1 Rixdollar. London exchanges with Amfterdam, Rotterdam, and Antwerp.; iii Pounds Sterling, for Pounds (Skillings) Shillings and (Groats) Pence F/emtjh, which are imaginary, but to be underftood as follows: 1 Pound Elemiftt, is 20 Shillings Elemijb, or 6 Guilders, i- Shilling Elemijb, is 12 Pence Elemijb, or 6 Stivers, i Penny Elemijb, is 4 Stiver, or 8 Peningens. Sometimes Banco, and fometiines current Money, and the Ex¬ change, is from 331. 8if. j Flemijh, to 38s, Elemijb, more or lefs, for 88 6 / Exchanges. for i Pound Sterling, as will be explained by the following Exam- pies. By the Rule of Three. G. St. Pi £. G. Sept, ill As II 3 io : i :: 8ooo : 223 160000 16 1 6 1348 960000 223 16000O 3578 : 1 :: 2560000 : 715 9 8 Sterling; G. St. P. £. s. d. or, becaufe 11 3 to is equal to 1 17 3 | Flemijh, fince6Guil- ders make one Pound Flemijh ; therefore, r. d. £.Sterl. G< £. s. d. £. s. d. As 37 3£ ; i : : i^2 = i333 6 8 : 715 9 8 Sterl. G. £.F1. G. St.P. £. s.d. Nov. 8th As 6 : 1 :: 3846 32 : 641 o 6j F.Money. s. d. £.Sterl. £. s.d As 35 8 : 1 :: 641,0 6^ : 359 9 2 within 1 1 Of the Agio. N. B. That Banco is always better than current Money, and their Difference is called the Agio, which is from 3 to 6 per Cent. more or Iefs, in Favour of the Bank; the Method of calculating which, will appear by the following Example. Gt. St. P. Gs. Nov. 8th As 100 : 104 :: 3846 3 2 : 4000 current Money; 4th. Of France. ' Books and Accompts are kept here in Livres, Sols, and Deniers Tournois. 12 Deniers > f 1 Sol. 20 Sols >make< i Livre. and 3 Livres 3 £ 1 Ecu or Crown. London exchanges with France, giving from 30 d. Sterling, to 34 1 and according to fome, to 40 d. more or lefs for their Ecu or Crown of 60 Sols Tournois. The Method of turning French Money into' Englijh, will be explained by the following Examples. By the Rule of Three, Sept. Of EXCHANGES. tSg Liv. S. £. Liv. S. £. s. d. >tyt; 8th As 23 o : 1 :: 14875 o : 646 14 9 SterL 14th As 23 6 ; 1 : : 2756 5 : 118 5 id Sterl, 15th As 23 6:1 :: 7000 o : 300 8 7 SterL 18th As 23 6:1:: 5118 15 : 219 13 9 Sterl. 03. 21ft As 23 6:1 : : 3937 io : 168 19 10 Sterl. 27th As 23 6:1 : : 3600 o : 128 15 I Sterl: 28th As 23 6 : i :: 500 o : 21 9 2 Sterl ; 28th As 23 6:1 :: 2500 o : 107 511 Sterl. 5th. Of Portugal. ■ Here- the Books and Accompts are kept in Milrees, which are teal, feparating the Thotlfartds from the inferior Sums called Rees. London exchanges with Portugal; giving from 5*. and i,d. to 5 s. 8d. Sterling; .more or lefs for a Milree or 1000 Rees, as will be ex¬ plained bp the following Examples. By the Rule.of Three. MUrie s. d. Milree £. s. d. OB. 31ft As i : 5 8 : : 705 : 199 15 o Sterling. Nov. 1 ft As 1 : j 8 : : 100 : 28 6 8 Sterling. The foregoing Examples are taken from the Wafte-Book.B, next following, which when the young Accomptant arrives at, I would advife him to calculate and compare his Refults with thefe already fet down, in order to qualify him to underftand the next following Ex¬ amples, not. in the faid Wafte-Bpok, and thereby enable himfelf not only to calculate the faid following Ones, but alfo any other Thing relating to Exchange. 6 th. Of Spain; In Madrid, Cadiz, and Bilbaa, they keep their Books and Ac- compts in Reales and Maravedis which are real. 1 Real ? • 5 34 Maravedis 8 Reals S 1 C 1 Pefo ( or Piece °f Eight) London exchanges with the above Places in Pefos (or Pieces of Eight) 'old Money, of Eight Reales, or 272 Maravedis, and in new Money, of Ten Reales, and the Coarfe of Exchange is from 361 1. to 45 d. Sterling, more or lefs per Pefo of Eight Reales, accord¬ ing to fome, or from 40^. to 50 d. according to others. ■ • Example. If London draws or remits on Madrid 555/. 5 s. 5 d. at 43 d. ■} Sterling, per Pefo, how much mult be paid or received there ? Thus ftated. N If' 90 Of E X C HAN G E S. Pefa. £. s._ d. Pefos. Mdrav. If 43V. ^ : 1 :: 555 5 5 : 3046 j 6 the Anfwer. 7th. Of Germany. In Hamburgh, they keep their Books and Accompts in Marks, Skillings, and Pfennings, according, to fome, but according to others, in Rixdollars, Skillings, and Pfennings. 12 Pfennings ■) r 1 Skilling. D 16 Skillings £ make -d 1 Mark > Banco, or curr. Money. and 3 Marks 3 C 1 Rixdollar 3 London exchanges with Hamburgh, in Pounds Sterling, for Pounds, Shillings, and Pence Plemilh, which are only imaginary, but to be underltood as follows: id.FltmiJh, is i a Skilling, or 6 Pfennings. 1 Shilling Fkmijh, is izd. Fkmijh, or 6 Skillings. 1 Pound 'Fkmijh, is 20 s. Flemijh, or 7 5 Marks. . London exchanges with Hamburgh, from 32 Shillings, to 36 Shil¬ lings Flcmijh, more or lefs, for one Pound Sterling. Example. If London draws or remits on Hamburgh, 567/. Sr. 9 d. at 34/. jrf. Fkmijh, fa- Pound Sterling, how much mull be paid of received there ? M.Sls.Pf Here 34,-. 5 d. Fkmijh, equals iz 14 6 at Hamburgh, "thus Hated.- £. Mi. Sis. Pf. £. t. d. . M. Sis. Pf. If 1 : 12 14 6 :: 567 8 9: 7323 7 10 Anfwer. 8th. Of Italy. 1 ft. Of Ve'nice. Books and Accompts are kept here in Ducats and Grofles Banco, and fometimes in Livres, "Soldi, and Dcniers. . And, s v Soldi 1 Grofs. 24 Grades, or 6 \ Lires 5 £ 1 Ducat. 'N. B. That die Ducats and Grades of the Bank, being only imaginary, are 20 per Cent, better than the old current Money, as the old current Money is 20 per Cent, more or lefs, bitter than the new current Money, called Piccoli. Lius. 9 1 ■ lcifs, Of EXCHANGE S. London exchanges with Venice, from 491/. to 551/. more or Sterling, for i Ducat of 24 Groffes. ■ Example. If London draws or remits on Venice, 6661. 6s. 6d. at 49^. ~ Ster. ling, fer Ducat, how much mull be paid or received there ? Thus D. £. s. d. Ducats. Grafs If 49a'. | : j :: 666 6 6 : 3206 9 the Anfvver. 2d. Of Genoa and Leghorn. Books and Accompts are kept here in Pezzi, Soldi, and Deniers, and fometimes in Lires, Soldi, and Deniers. 20 Soldi Soldo. 12 Deniers? 20 Soldi $ , $ 1 Soldo. ’ i 1 Lire 5 Lires, at Genoa, make 1 Pezzo, ? which are commonly real, and 6 Lires, at Leghorn, make 1 Pezzo, 5 called by us Dollars. London exchanges with Genoa and Leghorn in Pezzi, Soldi, and. Deniers, from \-]d. to 55 d. Sterling, more or lefs, for a Pezzo, confifting of 100 Soldi at Genoa, and i 20 Soldi at Leghorn. Example. If London draws or remits on Genoa or Leghorn, 1234/. gs. 6d. at 52 d.^ per Pezzo, how much mult be paid or received there ? Thus ftated. P. £. s. d. Pezzo. Soldi. If 52^.2 : 1 :: 1234 5 6 : 5642 8 theAnfwer. N. B. That the 8 Soldi here (and the Deniers, if there had been any) are only imaginary, and made Ufe of to exprefs the Fraftions of a Dollar. In the foregoing Examples, taken from Walle-Book B, the Ex¬ amples are the fame as if America, Ireland, Holland, France, and Portugal had drawn upon London, but in the four following Ones, not in the faid Walle-Book, the Examples are the Drafts of Lon¬ don upon Spain, Germany, and Italy; confequently, if the Examples are reverfed in both Cafes, you will have fo many Examples of the Drafts of London upon America, Ireland, Holland, France, and Portugal, in thofe that are taken from the Walle-Book B; but in thofe that are not in the faid Walle-Book, you will have fo many Examples of the Drafts of Spain, Germany, and Italy upon London, as appears by what follows: Of EXCHANGES. i ft. London upon America. See Wafte-Book B, Auguji 8th. £. As joo : 140, or which is the fame Thing, Ag- 9 th As 10th As 17th As 7 : 41 i 25 th As 5 : 2d. London upon Ireland.. See Wafte-Book B, Auguji 14th. As 100 : no, or which comes to the fame Thing, £- '• £■ As 10 Jug. 17th As ijp 20th As 10 23d As 10 Sept. 2zd As 10 go 18 : 49 7 1 37 3 2 20 3 8 3d. London upon Holland. IAJh Currency. 4j 14 .2 / Currency. 54 5 10 Irijh Currency,, 40 .17 6 Irijh Currency! 352 4 . o Irijh Currency. See Wafte-Book B, September ill. £. G. St.P. £. s. d. G. St.P. i As 1 : ir 3 10 :: 715 9 8 : 8000 o o Dutch Currency. G. St.P. j. d. Or, fiqce j 1 3 10 is equal to 37 3 i Flemijh, fay, ‘ £■"*."*’ ■ £■ s.d. £■ s.d. As 1 : 37 3 * 715 9 8 : 1333 6 8 TUmiJb, which mul¬ tiplied by 6, gives 8000 Guilders as before. £. s.d. £. s. d. £. s. d. Nov. 8th. As 1 : 3J 8 :: 359 9 1 : 641 o 6| Flemijh, which G. St.P. piultipjied by 6, gives 3846 3 2 Bank Money. Of the Agio. Let 4000 Guilders, current Money, be reduced into Bank Mo¬ ney, Agio , 4 1. -ter Cent, fay, ’ • G. G. 5/. P. As 104 : 100 :: 4000 : 3846 3 2 Bank Money. 4‘!>- n Of' E XC fiA NG E 8 . 4th. London upon France. See Wade-Book B, September 8th. £■ £■ Sols £. s. d. Lins. s. As 1 : 23 o :: 646 14 g : 14875 o French Currency. Sept. 14th As. i : 23 6 :: n8 5 10 : 2756 j French Currency, nearly within 1 Sol. ^ 15th As i : 23 6:: 300 8 7: 7000 o French Currency. 18th As 1 : 23 6:: 219 13 9: 5118 15 French Currency. OR. 21ft As 1:23 6:: 168 19 10: 3937 lofW^Currency. 27th As 1 : 23 6 :: 128 I j I : 3000 o French Currency. 28thAsi: 23 6 :: 21 9 2: 500 oFrenchCancncy. As 1 :23 6:: 107 5 11: 2500 oAra/ci Currency, 5th. London upop Portugal. See Wade-Book B, ORober 31 d. r. d.Milree. £. s. d. Milrees. AS5 8: i :: 199 150 : 705 Portugal Currency. Ksv. id. As j 8: 1 :: 28 68 : 100 Portugal Currency. 6th. Madrid upon London. Pefe. d. Pefos Mar. £. s. d. As I : 43 | : 3046 16 : 555 5 5 Sterling. 7th. Hamburgh upon London. M. Sk. Pf £. M.. SL Pf. £. s. d. As 12 14 6 : 1 :: 7323 7 10 : 567 8 9 Sterling. 8 th. Venice upon London. Ducat. d. Ducats. Grofs. £. s. d. As i : 49 3206 9 : 666 6 6 Sterling. Genoa and Leghorn upon London. P. d. P. Soldi. £. s. J. As 1 : 52 i :: 5642 8:1234 5 6 Sterling. The foregoing Calculations are made, fo as not to exceed or want a Unit in the lowed Place, which are fufficient for Practice, but they cannot be done exadtly, except in particular Cafes, with¬ out Era&ions, which the Accomptant may try, if he pleafes. I ffiall next proceed to give an Example of the Method of calculating the Exchanges, when one foreign Country draws upon another, and thac either of itfelf, or by Means of another Country. See Wade-Book B, AuguJI i 7 ih. $4 0 / EXC HANG E S. Jamaica Curr. Iri/h Carr. As 14 : n :: 58 3 6 : 43 14 z & £■ And 2dly, by the Means of another Country. As 140 : 100, or, which is the fame, . / Jamaica Curr. Irijh Curr. As 7 : 3 :: 38 3 6 : 41 11 1 Sterling. Again, £■ £• £■ As too : no, or, which comes to the fame. As io : n :: 41 r. d. £. s. d. £. s. d 11 i : 43 14 z Irijh Currency; confequently 38 3 6 Ja- £■ i- ■ maica Currency, is equal in Value to 45 14 2 Irijh Currency, as before found. And in this Manner may any other Example be wrought, when the Ratio of the Coins of each Country is given. WASfE- C 95 > Inventory of all the Effects belonging to me, Jofeph Fairdealer, Merchant, as alfo all the Debts owing by me to others-, taken this Day from the Balance of my old Ledger, viz. have an Eftate, called Hobbs Farm, in the County 1 of Kent , which is let to Tomas Cn.bb, at 40/, >1333 6 8 per Annum , and valued at - j WASTE-BOOK, B. Laus Deo, in London, May 9th, 1759. a Silver Tankard, a Dozen of Silver 39619 Clough owt's me on Demand - ' 60 7 50,0/. in South Sea Stock, valued at - 62S ' 2 l Bill on Jama Noon, payable at Sight for 40 o another on Jofeph Moor, due on June the 4th too o I David TruJI'y owes me, due on Auguft the 26th — 300 o JohnTrujly owes meon Demand - lS 10' John Blois owes me on'Dema'nd - J30 5 ivc y Part of Ship Jane, .which cod: me - 100 o nr: Grant owes me, due on July the 13th -f— 39 o . .ive 2 Lottery Tickets at.39/. ics. per Ticket 79 o [John Gooft owes me on Demand , - 39, Jo 11 have on board the Flying-Pip, John James Ma-T .. fter, now on her Voyage to Jamaica, to the > 566 2 . Value -' ■ V j James Wells owes me, due on June the 3d — ■ 172 10 Mean-well owes me,* * due oh June the 4th 71 5 1 myF ^ or at &c !!i owcs !!l on De 'j 70 hiive Goods in the Hands of John Stone of Ja- / . thaiea, to the Value _ - 5 3°- J ° (The CuftornaHoufe owes me, due on junethe ud 12 10 \jakct Snibfon owes me onDeniand — 4^ I00-1 o.' “Tsfauu Crisbb owes me on Demand , — , —_ JO " 0 ■N.B. If die Learner pleafes to look back tothe'Balanceof] le left Ledger, he will find the ift Part of this Invehtoty men- oned above, to be only a Tranfcript of the Dr Side of that Ac- inipt, and the 2d Part of this Inventory which next follows, 1 be only a Tranfcript of the Cr Side of the faid Accompt. WAST E-B'O 0 K. I owe as follows: , iTo SamuelSmedley, on Demand — i l Wo Stephen Webjler, on Demand --igj [To Veter Smith, on my Bond, at 3/. perT Cent, per Annum, due on February 22A 5 ■’°° To James Thoruby, due on July 14th —43 I To Captain Bold, for James Thornby's Bill on me, at Sight , - S To John Gregory, for Hans Fan Dealer's Bill on the, due on the foth Tiilkint • To John Grimes, due on June 26th — /To Hans Van Dealen, due on June 4th 7 6 In order tet fave you the Trouble of'Opening particular Accompt for every Perfon that owes yo Money, erect a general Accompt by the Title of Debts receivable, and make it Dr-for all-the Debts that owing to you, andTvhich you judge proper to cc under this Title, and as they pay, give it Credit by whatever you receive in the Difcharge of them. The Debts that are proper to come under this Ti¬ tle, are Stephen Clough's, David Trujiy's,' John Trufy's. John Blois's, James Grant's , Jofeph Toft's', JohnGoofe's.. Janies Wells's, James Meamwell's, the Cuftom-Houfe’s. James Snibfon's, and Thomas Crabb's. In like Manner eredi an Accompt by the Title of| Debts payable, to the Cr Side of which, you may car¬ ry all thofe Debts you owe, and that you judge pro¬ per to come under this Title; and as you pay them, make it Dr to whatever you give in. the Difcharge o(| them. . -. . The Debts you may bring tihder this -Title, ]Samuel Smedley's, James Thornby's ,- Stephen Webfli Yfohn Grimes's, and Hans Van Dealen A Peter Smith wanting Money at this Time, defires 'me to difcharge my Bond to him, which is for 500/. intj alfo the 2 Months Intereft now due, both a- [mounting to . —- — — — - Li Purfuanf to his Requeft, I aflign over to him the] [Debts following, which are now due to me, vise. Stephen Cloud's John ‘[tufty's John Blots'a Jofeph Toft's John Goofes James Snibfon's [homos Cr abb's In this Cafe, as Peter Smith is Dr fo Debts receiva¬ ble mtift be Cr for each refpe&ive Debt; See Rule February the 8th Iaft pail. Given Peter Smith my Bill on Jofeph Jo jBanker, payable at Sight, which is in full of what 11 For the journalizing this, fee Rule in February 8th llaftpaft; - -24th.- WA S TE-B ook. —London, May 221), 1759.'— ... f. d. 60 7 6 - i 8 10 b| 130 5 6 70 13 6f .39 ioo o r. Banker, payable at Sight, •. / Captain Bold for John Gregory lot Stephen Webjler for i 193 o Which are iii full of what I owe them. . In this Cafe, as Jofeph James is Cr for the Whole, therefore Debts payable, and Bills payable, mull bet Drs for their refpeftive Sums. -----23th.----- Given John Grimes, James Noon's Bill, payable at] Sight, in Part of what I owe him - [ Here, as Bills receivable muft be Cr, therefore] Debts payable mull be Dr for the fame Sum. --;—26th.--• / Given James Thornby, Jofeph Moore's Bill, payable on June the 4th next for ■ ■ ■ l. s. d. Out of which he has flopped his own Debt 45 lo C And has agreed to pay Hans Van Dealen ) „ the Debt I owe him ~ 5 12 18 5 The Reil of the Bill he has paid me — 41 n 7 O Lent . 97 429 73 3P 345 7 6 40 op' too] op' 100 op' 1. s. ylReceived of James Wells in full - 172 ib ' oi James MeainveH'm full —• 71 3 of the Cuflom Houfe in full — 12 10 • ■WASf E-B 0.0 K. '—Lmdon, : May 26^,-1759.- -;- :—unrnni may 20111 ,- 1759 .- ! Herb as Bills'receivable is Cr for this Bill, fo Debts] payable, and Cafh mull be Drs for their refpeftr-' Sums., -28th.- ; For journalizing this, fee.Rule in the 9thln(fant. J-:--30th.———---- y Sold my j Share of Ship fane for - For itlie journalizing .this, fee Rule in March ijjthj laflpaft. 1 1 -——- June l&.~ --- y Sold in Barter my 500/.'of South-Sea^g Stock, at 130/.J1 erCent. amounting to ' Alfo my 2 Lottery Tickets, at 37/. 15J. 75 ip ol For which I have received 241 i Anchors of Brandy of] the fame Value. For journalizing this, fee the general Rule, page 3d. -—7—;- " 'I. s. I y Receivedof^w.w Grant,, in full of his? R Debt, .due July 13th ’ Abated him for prompt Payment-o 10 c Here as Profit and Lofs mufif.be Dr for this Abate- ent, and, Cafh for the Money received, fo Debtsl receivable' mull be Cr by'both. See Note in ApriA ■ 2th laft.paft. ' . ■5th.' A Jofeph Janies,’ray Banker "in Cheap fide, writes me that he has purchafcd'a" Ship .called the Sea-Horfe, purfuant to my former Orders‘to'him, for which he i Forfhejournalizing-this, fee the Rule in March the 5 th laft pad. '■ " , " —— L — i —^ ——-7th:—-— --—- / Agreed with. John Jenks to .go hid Halves in 20 Pipes. of Sherry, at 27/. ibr. per Pipe, which he is to fell for jour-joint Accompt, my- half Share which I have paid him comes to •—— ——- “ Lon -1 WAS T E-B 0 0 K. ———- London, June 7th, 1759.-— In this firft Sort of Co. Accompts, where your Partner is Manager when your Share is paid down, feme only debit their Partner by' his Name to Calh, (5V. for what they advance as their Share. Others chufe to debit the Goods in the Hands of their Partner, inftead of their Partner, and in both Cafes give the Accompt Credit by what they may re¬ ceive in Return, or by their Partner, from whom it is doe. But you may title this Accompt thus (for aRea- fon to be given further on) •viz. My Accompt in Co. with John Jenks, and make it Dr to Caih for your Share advanced (and for, your Share of all further Charges, if any) and debit what you receive for your Share of the neat Proceeds to my Accompt in Co, with JehnJenk. (See June the 9 th.) But if the Goods had been fold on Time, then you mull have debited John Jenks my Accompt proper, to John Jenks my Accompt in Co. for your Share of neat Proceeds ow¬ ing, and. when the Truftee had paid you your Share, you muft have debited what you might fo have re¬ ceived, to John Jenks my Accompt proper. : And farther, had he been obliged to make Abate¬ ment to the Buyers, or had any of the but-ftanding Debts proved bad, then you mult have debited Sun-, dries to John, Jenks my Accompt proper, •viz. my Accompt in Co. with John Jenks if open, if not, Pro¬ fit and Lofs for the Abatement, and the. Thing, or thej Things received for the Reft of the Debt. X ' ■ J. d. / • 'g t J] • ’ John Jenks writes me, that he has fold our 20 Pipes of Sherry, at 30/. fer Pipe, and for the Payment of my half Share, he has fent me a Bill at Sight On John Noble for — — 100 0 0 And 20 Pieces Duroys, at 10/. fer Piece 200 0 0 300 For the journalizing this, fee the laft Rule. / Agreed with James Nobb, to go his Halves in 10 Hoglheads of Tobacco, at 36/. per Hoglhead, which he has in his Cuftody, to fell for our joint Accompt, and have given him my Note for the Payment of my Share in 4 Days Time '-, - Here, as your Partner finds both his Share and yours, you may debit my Accompt in Co,. with Nobb. 0 2 tc l3c 00 ?99 WA S T E r B 0 0 JL to my Accompt proper with Ditto for your Share ow¬ ing, and w(i.en you pay it, you may make my Ac¬ compt proper with Nobb, Dr to what you may fo pay it with. (See June 16th.) But if he charges you with Intereft, make Sundries firs to what you pay it with, viz. my Accompt proper with Nobb for the Debt, and Profit and Lofs for the Intereft. Bought of Samuel Grundy, 17 Pieces of Yorkjhire Broads, at 10/. ior. per Piece, to be paid in 5 Months, which I have delivered to Jphn Jenks to fell for our joint Accompt j the Whole amounting to " — In this Cafe, as you find both your Partner’s Share ana your own, you may debit Sundries to Samuel Grundy, viz.' my Accompt in Co', with John Jenks, for your Halfj and my Accompt proper with Ditto for his Half, and give'my Accompt proper with Yfeqks Credit, when he 'pays you his Share..' (See June the' 13th.) 'But "jf he pays you Intereft alfo, make what ! you receive as'Payment, Dr to Sundries, viz. to my Accompt proper for'the Debt, and to Pro¬ fit and Iiofs for the Intereft.'' ‘ ’ / Sold 10 Pieces Dureys,'at g/.pVPlece, and received / T: . " 13th. _ _ Received of John Jenks, his half Share pf 17 Pieces of jV^Broads;at 10/. ioi.'jiarPipce ' — For the journalizing this, fee* the laft Rule. —-——i 5’th.—--—:-— / John Jenks writes me, thathe has fold our f 7 Pieces • of Yorkfiire Broads, at 12/. per Piece, and for m'y half Share, hie has fent me 51 Anchors of Brandy, at 2/. ter Anchor, amounting to ' ~ ‘ -- for the journalizing this, fee Rule in the 7th Inft. —--—-—_—-— 16 th.——■——^--— ? 02I / Paid James Nobb, for my half . Share of our 10 Hoglheads of Tobacco, in his Hands —i——■ For the journalizing this, fee Rule in the 1 ith In- ftant.' ' ' ' ■. - -—-—1 8 th.' : -■- / John Jenks defires me to admit him a Partner in Ship the'Sea-Horfe, and upon my Confent, he pays me down his half Share, which comes to — 180 op W J S T E-B 0 0 K. IOI . — : - London; June i 8th, 1759.———— £. ' In this and fuch like Cafes where you are Truftee and Partner, the belt Way is, firft to debit Ship the Sea-.Horfe in Co. with Jenks, to Ship the Sea-Horfe, and then to debit Caih to John Jenks his Accotnpt in Co. for his half Share paid, by which Means it will appear, that you have parted with i of the Ship ! which how is returned into your Caih, and your Part¬ ner’s Accompt in Co. will ihew his Claim to it. i—«---igth.-- - - /, John Jenks and myfelf have agreed to fend Ship ' the Sea-Horfe, under the Care of Captain Jofeph Care¬ ful, to iiih for Herrings on-the Coaft of Scotland, and ■ to fail from thence to Dunkirk, and to confign the fame to the Hands of Jacob Jones our Faftor, there to fell for our joint Accompt ; purfuant to which A- greement, I have freighted the faid Ship with Calks, Salt, &c. by a Bill on'my Banker, Jofeph James, pay¬ able on Sight for - — - 200 Here as you have paid all this Charge yourfelf, by a Draft on your Banker, therefore the Adventure • in Co. with Jenks will be Dr, and Jofeph James Cr for the Wholebut as one Half of it is due to you from your Partner Jenks ; you therefore, in the next Place, . muft confider how to charge him for his Share, to do which, obferve this general Rule. Rule. For what is due to you from your Partner, debit his Accompt proper to his Accompt in Co. for the fame; and for what is due from you to your Partner, debit his Accompt in Co. to his Accompt proper for the fame. Or thus. Your Partner’s Accompt proper muft be made Dr to his Accompt in Co. for his Share of Goods bought, the Charges thereon, and Abatements made by the ' Co. to the Buyers of their Goods (if any) and your Partner’s Accompt in Co, muft be made Dr to his Accompt proper for his Share of Goods fold; his . Share of Abatements made by the Sellers of Goods to : the Co. and his Share of Lofles (if any.) / Bought in Co with Benjamin Adams and SamuelCoIe, ' -each 4, '40 Pieces A York/hire Broads, at 7/. 10 s. per Piece, for which we have paid down our refpeflive (Scares, .amounting to - — 300 olo 102 WA S T E-B 0 OK -London, Jimezoth, 1759.-— In fuch like Cafes as this, having each paid down his Share, the fhorteft and beft Way is to debit the Goods in Co. to Sundries, •viz. to each of your Part¬ ners his Accompt in Co. for his Share, and to Caih for your own Share. 1 - -Ditto.--- / Received of John Noble, John Jenks’s Bill - -----:-3 ill.;--- / Bought of Andrew Dalien, in Co. with Adams and ' Co/e, | each, 500 Qrs. Wheat, at 26s. per Quarter, towards which we have each paid dov/n our 120/. a Piece, and the. Reft, which is 290/.. to be paid when called for, the Whole amounts to ■ ■ In this Cafe debit the Wheat in Co. to each Part¬ ner’s Accompt in Co. for his Share paid, and to Caih for your own by the laft Rule, and to Andrew Daktn for the Remainder due to him, and then ufe the ge¬ neral Rule in the 19th Inftant for your Partner’s Shares of this Debt. / Andrew Daken making a Demand of his Money, Benjamin Adams happening to be out of Town, Sa¬ muel Cole and myfelf have paid him in full, viz. I paid him - — — 11 z o o Samuel Cole has paid him — .. - 178 00 When you pay a neutral Perfon for Goods former¬ ly bought, make him Dr to the Accompt, or the A c- compts which pay him, as in this Inftance, and the 25th of July next, according to the general Rule firft laid down in Page 3d. -25th.-:-;- / Sold John Eaton 150 Quarters of Wheat, in Co. with Adams and Cole, at 30;. per Quarter, payable on . In.Cafes of this Nature, fome Authors tell you not to debit your Partner’s Accompt in Co. to his Ac¬ compt proper, until the Debt be aftually paid, while others fay- (and Merchants too) that you ought to de¬ bit your Partner’s Accompt in Co. to his Accompt proper, whenever the Goods are fold, whether the Debt be paid or not, which laft Method being pre¬ ferable, is here ufed. £• 100 H 290 -S W A S T E-B 0 0 K. -*- London, June 27th, 1759.-;- / Sold for ready Money, 50 Quarters of Wheat, in ' Co. with Adams and Cole, at 29r. 61 i. per Quarter — • Here you are actually indebted to your Partners for their Shares, as having the Money in your Cufto- dy; therefore debit their Accompts in Go. to their Accompts proper for the fame. .-29th.-— / Sold Samuel Cole 150 Quarters of Wheat, in Co. . with Adams and Ditto Co/e, at 29/. (id. per Quarter. This is a limilar Cafe with that in the 25 th Inftant; and therefore is journalized as fuch. ---—--30th.--- J Taken to myfelf the remaining 150 Quarters of \yheat, in Co. with Adonis and Cole, at 29*. per Quar¬ ter, amounting to —:— - . - • ‘ Forithe journalizing this, fee the like Cafe in the ■ 27th Inftant. ---- July 2d.-- / . Paid 'Charges on the Wheat, in Co. mih Adams and Cole, as per Bill ofParticuIars - ■ Here, according to the general Rule, each of your Partners his Accompt proper is' debited 'to his Ac- coHipt.in Co. for his Share of thefeCharges. -.--4th.- : - : / Received of John Eaton, in : Part of Accompt- : When a neutral Perfon pays you (as in this Ex¬ ample) "or Partner (as in the next Example) for Goods formerly bought, make him Cr by the Accompt or Accompts unto which he pays, or by which 'he is difeharged. -6th.--- / John Eaton is broke, and I have compounded his Debt of 25/. which he Hill owes the Company at 5^ in the Pound, the Compofition Money which Adams receives, comes to — . 650 And I have abated him — ■ ■ 18 15 .0 Here as you are obliged to make John Eaton an Abatement in the Debt which was owing the Co; and as you-have given your Partners Credit for their Shares of the whole Debt, therefore you muft debit their Accompts proper to their Accompts in Co. for their refpeftive Shares of this Abatement to difebarge 1 your- 103 ‘If 73 MSP 22. JO 7 26 Z 5 104 . WAS? E-BOOK. yourfelf, and to undo what was before done, accord¬ ing to ; the general Rule, June 19th. £■ y Benjamin Adams has evened our Accompts, by pay¬ ing each of us what we had advanced for him, •viz. To Samuel. Co/e «-- 81 6 8 Tome —— - — 15 6 8 When Partner pays you, and other Partner in Part, or in full, debit what you receive, and receiving Part¬ ner his Accompt proper, to paying Partner his Ac- compt proper for the fame (as in this Example.) And when you pay Partner or Partners in Part or in full, debit his Accompt proper or their Accompts proper, to what you pay with (as in the next Exam- : Ple ' } ll 96 >3f / Upon fettling Accompts with Benjamin Adams and Samuel Cole, I find there is due from me, . 1 . s. d. To Benjamin Adams • —■ — 230 19 2 To Samuel Cole — —— 15 19 2 both which I have paid. t- For journalizing this, fee the latter Part of the lad Rule. ’ , ; ^ 246 H84 / Bought of Robert Mittam, in Co. with Adams and Cole, eachrj-, 12 Pipes of Sherry, at 28/. $s.per Pipe, For which I have paid him in Part - 132 2 6 Reft to be paid ati Month ■- 20617 6 339 For the journalizing of this, fee general Rule in the 1,9th of June. / ; Sold Jofepb Johns 4 Pipes of Sherry, in Co. with Adams and Cole, at 30/. per Pipe. : ■ ■ , 1. s. d. Received in Cafli , -- ■ • 60 0 0 And an accepted Bill on Jofeph Noble, j Q Q payable 5 Days hence, for - 5 For journalizing this, fee Notes in the 25th and 27th of June. Lon 120 WA S T E- B O 0 K. j-- July 1y% 1759 ^7-—^ I-' A Sold to a Stranger (50 Quarters, of 'Wheat, for Tranfportatron, at zi. 21. per Quarter, for which I re- / Bartered ip Pipes of Sherry, in Co. with Adams and Cole, a£ 29/.'loir./ifrPipe. porzffogfheadsofIr/feWine, atz5/. ioj. 51 o o' Reft received in Cafh a:— : —■ 67 00 In this Cafe, arid filch like, as thez Pipes of Wine are Hill for the Ufe.bF'th'e Cb. and only received in Bar¬ ter for Part .of the Sherry .belonging to the fame Co. therefore ydb haViJo Occafipn: to debit your Partner’s Accompts-M Co', -to theii Adcbhipts proper for this,. but only for theif Shares of the Money you receive ovcl and’above.the Write;; bat had you paid'Money over and above the'Sherry'for the Wine, then you mull have debited your Partner’s Accompts proper to their Ac compts in Co. for their Shares'of the fame. ; —i-— ■■ -' : 21 ft. — —-— -r- j BevjaiM Addini , SamuelCole, and Self, have agreed to part thd remaining 4 Pipes'of Sherry equally among in, which at 28/. 5J. per Pipe, comes to ' - -- ' ' I This Cafe is the Reverfe of that in the 20th of June laft, and may be journalized by debiting you. Part¬ ner’s Accompts in Co. to Sherry in Co", for their Shares withdrawn, and Sherry proper to Sherry in Co. for your Share. / jojipb Noble refutes to accept Joftpb John Bill, therefore I liave returned it. "' ' • ' /. 1. d. The Bill amounts'-to —■60 o 6 Paid for Profefting it,' b'e. o 46 As this Charge is paid for the Ufe of the Co. there; fore you nrnft- debit each' of your Partners his Accomptj proper to his AccdtnpC in Co. fof’his Share hereof, and when you’ receive Pa'yirte'ht ; (or the Debt is loft)j you mull debit their Accompts in Co. tb their Accompts proper for their Share's of the Payment to difch’argc yourfelf thereof" (fee the 30th Inftant) and their Ac- ts in. Co. to Jofepb John to'difeharge him' (pro- the Debt be loft.J P Lon- 18 60 10$, WA S ? E-B:0.0 Ay. n, July.25th, 1.759.- y ' Paid Robert Mettam the Debt due to him the 13th of Auguft next, upon his agreeing to allow me one Month’s Difcount. " ' .. .... .... ; . /. „s. a Paid him . ^ , .—— •— 205^8^0, An'd he has difcounted with me ' o ,iy .6 This Cafe is juft the-Reyerfe of that of the 6th In- jftant, a!nd is journalized in a reverfe Manner, de¬ biting each of your Partners his Accomptin Co. to his| Accompt proper, for his r.efpeftive Share of .this Abate- eht according to the .general Rule, June the igth. -i-;-:-—27th.---- .. . - i.-- Bartered with John Jinks,. 2 Hoglheads of- Lijltm Wine, : in Co. wish.Adams and Cole, at 25/, ios. fei Hogfhead, for 1 Bag of Hops of the fame Value, which I have taken to myfelf, amounting to - For the journalizing this, fee general Rule, June the 19th. ■ ■ ' ' ’ ’ ’ ’ 1 —;— -- 30th.----— ■ ■! :. / : John, Jenh and myfelf have admitted James TruM a third Share in the Sea-Horfe, as alfo the Profits arifing therefrom by Trade; whereupon the faid Triijly pa) is down a third Share, of the whole Coft and Ffeigl if the faid Ship, viz. To me one Half ——- [To JoinJenks ihc other Half 75 The beft Way to ftate this Cafe is,, firft to debit Ship IthcSeaiHorfe, as alfp the Adventure in Co. with Jenh\ land Trujly, to Ship the Sea-HorJe, and to the Adven¬ ture, in Co. with Jenh, and balance the laftAccompts. Then as Trujly pays down his Share, by paying John\ Jeiiks his -i, and the other j to you, you therefore tie- bit fundry Accompts to James Trujly, his Accompt in Co. viz. John Jenh, ■ his Accompt in Co. for .his j, and Cafh for your-J', by which it will appear,; that Jenh has parted with j 'of. his Share, and that James Trujly has Credit for his,-j. j but in Cafe Trujly had paid all to you, then you miift have debited Cafh to jhwci 7 >///?y’s Accompt in Co. for the Whole; and,' fccondly, you mult have debited Jeuks h is Accompt in Co. to his Accompt proper for his Share.. . • " '' Agai WA S r £-B 0 0 £ | _j-;- London, July 30^,1759.- Again, had Trujly paid all to Jenks, then you mull have debited Sundries to Janies Trujly, his Accompt in Co. «. John Jenks, his Accompt proper for youi Share owing, and John Jenks, his Accompt in Co. for his Share parted with. Moreover, had not Trujly paid down his Share, then you mull have debited Janies Trujly his Accompi proper to his Accompt in Co. for the Whole; and, fecondly, you mult have debited John Jenks, his Ac compt in Co. to his Accompt proper for his Share parted with. / Received of Jo/eph Johns in full -- For the journalizing this, fee Rule in the 23d Jn- llant. -;- -Augujl 2d.-—- / Captain Careful wanting Money for the Ufe of the Sea-Horfe, has drawn his Bill on James Trujly, Favour William Smith, which Bill the faid Smith has paid Ditto Careful, amounting to — — —■ Here, as the Adventure in Co. with Jenks and Trujly mull be Dr for thefe Charges,’ and James Trujly % Ac compt proper Cr, fo you mull debit each of your Part¬ ners his Accompt proper to his Accompt in Co. for his Share of the fame, agreeable to Note in July 2d laft pall. -4th.----- / James Trujly has' drawn his Bill on me, payable to James Champion, dated this Day, and due September the 7th, which I have accepted, for -- For the journalizing this, fee Note in February the 15th laft pall. ---6th.- T. Shipped on board the Eagle, Captain Henry Snib, J.configned to Jonas Tmetrujl, of Lijbon, Merchant, to 1. fell for our joint Accompt, the following Goods, mark- 2. ed and numbered, as per Margin, 'viz. X, 60 30 / 6oDozen of Stockings, in zChells, bought? gg Q Q of Jo/eph Cutter, to be paid in 2 Months 12 Dozen of Hats in Ditto, which coll rea-j> ’ dy Money — — ’ $”"*•- Paid Charges — — — 106 My Commiffion on the Whole, at 2 i per Cent. 3 5 11 io8 WA S T E-B 0 0 K. ■ --- London, Augufi 6th, 1759.- : --- In this and fuch like Cafes, having debited the Ad¬ venture iu Co. with Truetruji to Sundries, •viz. to Jo- /f ph Cutter to Cafli, and to Profit and Lofs, you nlufl next debit Truetrujl's Accompt proper to his Accompt in Co. for his Share hereof. See the general Rule in the 19th of June. -8th.-.-- / Received Advice from John Stone, my Factor at Ja¬ maica, of the Sale of my Adventure, per the Flying- Fifi, the neat Proceeds of which amount to goal. 2s. 6 d. Jamaica Currency, which at 40/. per Cent, in Fa¬ vour of England, makes Sterling - In this and fuch like Cafes, Authors proceed feve- ral Ways in their journalizing of them ; but all thofe who ftile themfclves Merchants, and have wrote on this Subject, proceed thus; they make Faf'tor my Ac- compt Current, Dr to the Voyage, Adventure, &c. for the neat Proceeds in his Hands (as is done in the prefent Example. See the Journal.) And when he remits,' they make the Accompt that receives, or to which any Thing comes, whether it be the Voyage or Adventure from — - - (fee the next Example, Augvji 8th) or Caih (fee Augufi the 9th) or Bills receivable (fee Attgitjl loth) or Goods received (fee Augufi 14th) Dr, and Faftor, my Accompt Current Cr for the fame Sums. 642 f.; J-! / -Ditto.--- In Return for Part of which, neat Proceeds he has Flipped on board the fame Ship the Goods following, marked and numbered, as per Margin, viz. Jamaica Curr. ioHoglheads Sugar, containing 140C. J ^ q q 20 Barrels Indigo, containing 882 Ife- / j l0 ^ Q Iiis Commiflion and Charges, as per In-) And this, at 40/. per Cent, in Favour of England, mounts to Sterling - — — For the journalizing tin’s, fee the lalt Rule, ■ 6 6 198 WA S T E-B 0 0 K. John Stone, ray Faftor at Jamaica, has. remitted me a Bill on James Tbompfm, payable at Sight, for 200/. 1 js. 6d. Jamaica Currency, which at 40/. per Cent, in Favour of England, makes Sterling — — Which I have received. For the journalizing this, fee Ditto Rule. £■ *43 r. d. 08 ' I have drawn on John Stone, my Faftor in Jamaica, Favour James Gordon, for 363/. 6 s. Jamaica Curren¬ cy, payable at 2 Ufance, to JeJfop Thomas, which, at 40/. per Cent, in Favour of England, makes Sterling — For the journalizing this, fee Ditto Rule. z i 9 IOO Received from on board the Fly, Captain Morgan, with the firit Advice, 20 Pieces of Irifi Linen, which are font me by George Scott of Cork, for my Accompt, amounting to iool. Irijh, which at 10I. per Cent, in Favour of England, makes Sterling - For the journalizing this, fee Ditto Rule. 90 182 I have remitted George Scott, my Faftor at Cork, a Bill on JohnStone, my Faftor at Jamaica, for 58/. ;s. bd. Jamaica Currency, which, at 14 1 . Jamaica Cur¬ rency, for 11 /. Irijh, makes 45/. 14J. z d. Irijh Curren cy, and this lall Sum, at 10/. per Cent, in Favour of England, makes Sterling -:— - in Cafes of this Nature, where you give a Bill toj one of your Faftors to whom you owe Money, drawnj on another Faftor who owes you Money, you mufl debit the Faftor my Accompt Current, in whofe Fa¬ vour the Bill is drawn, to Faftor my Accompt Cur¬ rent upon which it is drawn. See Note in February 8th lall pall. ! Or, which comes to the fame Thing, when your Faftor draws on you, payable at Time, you mull de¬ bit Faftor my Accompt Current, to Bills payable, when you accept his Bill. {See Augujl 20th.) 4 1 . 1 n r George Scott, my Faftor at Cork, has drawn a Billon me to Jacob Sterfoot of London, payable at Ufance, for J4/• ;r. 10 d. Irtjh Currency, which, at lol. per Cent. in Favour of England, makes Sterling - Which I have accepted. For the journalizing this, fee the latter Part of the lad Rule. 4 S 7 ‘ .110 / JohnStone, my Faftor at Jamaica, writes me, that hej has abated JoftfbSnilt, a Bankrupt, 40/. 17-'. 6 d. Ja¬ maica Currency, which, at 10/. per Cent, in Favour of] England, as agreed on, makes Sterling - When it happens, after the neat Proceeds mitted, that a Merchant’s Faftor has been obliged to make an Abatement to one who has formerly bought Goods of him, or has been at any further Charge, then the Merchant makes thd Voyage or Adventure, if ilill open, or Profit and Lofs, if it be fhut up, Dr for fuch Abatements, and Factor my Accompt Current, Cr for the fame Sums. 1 -27th. WA S T E-B 0 0 K. —London, JuguJlz^A. 1759.— The Flying-Fijb. is arrived with my Goods from Ja ■tica; Freight, Cuftom/and other Charges paid here, Having debited the Adventure to Calh for thefe| Charges, ’let the fame be credited by Sundries, by Jofcpb Bradley, for the Indigo fold him on the Key, and by Sugar when carried into your Warehoufe. (Set Augnjl 29th and 30th.) -——29th.--- : - i my 20 Barrels of Indigo on the Key, to Jofeph\ | Bradley, payable on Demand, containing 882 ft. at [3i. per ft. --- For the journalizing this, fee the laft Rule. Brought into my Warehoufe my 10 Hoglheads ( |Sugar, containing 140 C. which, at 18r. per C. is .— the journalizing this, fee Ditto Rule. -3 Hi--- In full Here I might give Jofepb Bradley Credit, by Profitj and Lofs, for what I have abated him; but as thi Adventure is ftill open, it is as well to debit the. Ad venture to him for the fame. Sec Rule in the 27th of| March laft paft. ■Sept! Van Scultien, Merchant at Amjlerdam, has fent me, Iby the Vulture , Captain Thomas, 80 Pieces of Linen, fell for our joint Accompt, marked and numbered, per Margin, viz. 80 Pieces Ill WAS T E-B 0 o k: —London, September ill, 1759.- Jgo Pieces coll Sooo Guilders Current,') G.St.P. ( which, at 11 3 10 per Pound Sterling, C ' * makes Sterling.. J JPaid Charges on the faid Linen - : — 84 In Cafes of this Nature, fome would immediately! debit Linen in Co. with Van Scultien to Van Scultien his] Accompt proper for the Whole it coll Scultien, and tc Calh for the Charges, and to Profit and Lofs for Com- million,; and then debit his Accompt proper to his Ac. compt in Co. for his Share of both the prime Coll and Charges; but as the Exchange may poflibly rife or fall 1 before you pay Scultien for your Share, it is there¬ fore preferable to debit Linen in Co. with.Scultien to Van Scultien our Accompt Current, or, which is as well, :ter,. to. Sundries, viz. to Van Scultien 's Ac¬ compt in Co. for his half Share,- and to Van. Scultien my Accompt Current for your half Share of the prime Coll with him, and then to debit Van Scultien s Ac¬ compt proper to his Accompt in Co. for his-Share of your Charges, and as.you fell the fame, you debit his Accompt in Co. to. his Accompt proper for his Share of Sales when hy you received. (See Sept. 3d.) -i-——-3d.- / Sold 40 Pieces Linen, in Co. with Van Scultien, Jonathan James, at 10/. per Piece, which amount to Received in ready Money - 100 17 A Bill on Jacob Noble, due at 7 Days — 99 z [And the Reft to pay .at 2 Months ——200 0 For the journalizing this, fee the lall Rule., /!1 Sold ;the other 40 Pieces Linen, in Co. with Vai\ \Scultien, to Richard Fairfax ,, at 11 l. 6s. 6d. .per Piece, which amount to . /. [Received one.Half down ■ — And the other Half .due at 2 Months . — 226 10 112 WAS FE-B 0 0 K. > September 3d, J739.— My Commiffion and Brokerage on 833/. at 2/. ipei 'O laft Examples, fee the! !■— - - —4th.--— - y Paid Jallies Champion ,- James Triijlj's Bill — --..---Ditto.-———-- y Benjamin Adams, Samuel Cdlij- and Self* each -j, have agreed to make up a joitit Stock- among us, to be fold on the Coaft of Ireland, byCaptain Samuel Cope, in his Voyage to Barlaioes, by Irelandj and accordingly we each put in as follows, intending to make our Shares equal with Money, otz; 1 pftt in 1 Bag ofHops,-valued at ——■> .60 id 6 'Benjamin Adams putt iff 4- Htigflieads Sugar 66 o 0 Samuel Cole puts' in 3 Hoglhe'ads Tobacco 39 " 7 6 30 y [ All which we Rav'd {hipped on board the Squirrel, in the firft Place bound for Ireland, and after the Difpofal of our faid Adventure', 'to fef fail "for Barba- does, with our 40 Pieces of YorkJhiH Broads, 'which we haye alfo put on- board-the'-fame Ship', at the prime Coft • — " ' —' — ' Paid Charges on the'Whole — ' — ; Cn this and fiich like Cafes, the belt Way is, firfl to debit the Adventure in Co', by Ireland to Barbddoes, to Sundries for the whole Colt and Charges, viz. to Hops and Cafn for your Inputs, and to Benjamin Adams and Samuel Cole their Accompts proper fo# their Inputs, and then 1 to deb'if Benjamin'Adams iriFSamiiciCole their Accompts proper to their Accofripts iii Co. .for their Shares of the Whole; and afterwards, to debit the faid Adventure in-'-Co; to' Broad-GlotK in Gift 'for its prime Coll, without any. double Entrance, force the Partners ha'd Credit for eheirShaPes at'the buying of it, J Suit! had! any Charged been'paid-or owing On the faid Broad-Cloth, then youmuft have debited each of your Partners his : AcCompt proper to his Accompt in Co. for his Share ofthefe Charges: N. B.- -Had each Man advanced his equal Share, ■ then-you mull have debited She Adventure in- Go. to each of your Partners his Ac- dompt in Co. for his Inputs, and to what you have put' in for your- Inputs. ' See Note on June zoth laft paftl Upon adjufting Accoinpts with Adams and Cole, with iRegard to the above Voyage, I find there is due to me [Both which I have received. For journalizing this, fee Note in July 9th laft pad., WA S 5T E-B 0 0 K: —London, September 7th, ii§ J Jacob Jones, of Dunkirk, writes me, that he has dif-i pofed of our Adventure in the Sea-Hor/e, Captain Care¬ ful, the neat Proceeds of which amount to 14875 Li- vres Tournois, which at 2 3 Livres per Pound Sterling, makes Sterling ' —--- 646 This Cafe is fimilar to that in Augujl the 8th, differ¬ ing from it only in this; that whereas that concerned the Merchant only, this concerns a Co'.'of which'the Merchant is not only a Member, but Truftee alfo; therefore having debited Jacob Jones, of Dunkirk, our Accompt Current to the Adventure by Scotland to Dun¬ kirk in Co. for' tHe neat Proceeds in his Hands (as in this Example)' and given Ditto Jones Credit by Ad- vehture to Bourdeaux in Co. (fee September 14th) a; alfo by Cafli (fee September 15th)' arid Bills receivable (fee September 18th")'which are the fevefal Remittances! made you by the Co’s Fadtor; yoti mull next consi¬ der how to charge your Partners for their reipedti Shares, and as the Adventure to Bourdeaux is ftili de¬ pending for the Ufe of the whole Co; and confequerit- ly is not in your own Cullody as the other two Remit¬ tances are, you therefore muft debit each of your Part¬ ners his Accompt in Co. to his Accompt proper, only for his refpedtive Share of thefe two laft Remittances, omitting' to charge your Partners with their Shares of the Voyage until its Fate is determined (fee Offoler 50th) and for any Abatements, &c. afterwards made by the Co’s Fadtor, you mull debit the Adventure in Co. if open, to Fadlor our Accompt Current for the fame, and then make Ufe of the general Rule fonyoui Partner’s Shares of this Abatement, or if the Adven¬ ture in Co. befh'ut up, you muft debit your Partner’: Accompts in Co. for their Shares, and'Profit and Lofs| for your Share of this Abatement to Jacob Jo Accompt Current. CL / Received of Jacob Noble, Jonathan James's Bill — -- ! -I4t‘h.-;- ! - Jacob Jones, of Dunkirk, further writes me, that he ns {flipped on board the Sca-Hor/e, 700 Raziers of Coals, which coll him 2756/, 5;. and conftgned the (fame to Lewis Boyd and Co. at liourdeaux, to fell fot )ur joint Accompt, which, at 23/. 6j. per Pound Stor¬ ing. makes Sterling — - — ■For the journalizing this, fee the lad Rule. /! I have drawn on Jacob Jones, our Faflor at Dunkirk} "lvour John Mo/s, for 7000 Livres Toumois, payahlej Ufance, to MonOeur Dumotdin, which, at 23/. 6 s. Ur Pound Sterling, makes Sterling — — [Which Sum Ditto Mo/s has paid me. For the journalizing this, fee Ditto Rule. IVA S T E-B 0 0 K. — London, September 10th, 1759.— A Jacob Jones, our Faflor at Dunkirk, has remitted Bill on John London, payable at Ufance, dated Sep- other Sth, and due' OSober. the 1 tth, for ; 118 Z,. ij| iWj Toumois, which, at 23 Lins. 6 Sots per Found Ster¬ ling, makes Sterling — — — . [Which I have accepted. ■For, the journalizing this, fee Ditto Rule. A Captain Samuel Cope, writes me, from the Coalt of \lreland, that he has made Sale of our Adventure, the) Proceeds of which amounts to 352/. \s.Irifo , (which, at 10/. per Cent, in Favour of England, makes {Sterling — — — — For which he has fent me a Bill at Sight, on Jame. | Smith.- In Cafes of this Nature, where the Goods are truft- to the Care of a Supercargo, and difpofed of by him, there is no Occafion to debit Bills receivable to any Thing eife, but to the Adventure itfelf in Co. and then to debit each of your Partners his Accompt in Co. to his Accompt proper for his refpeflive Share of this Bill. -Ditto. Paid Jacob Ster/oot, George Scott's Bill tjtlr.- Received Advice from John Stone, my Faflor at Ja- dca, that he has made Sale of my 20 Barrels of] (Tongues, which he had in his Hands, the neat Pro¬ ceeds! WA S T E-B 0 O K. _- London, September 25th, 1759.- cecds of which amount to 58/. 5 s. 2d. Jamaica Cur¬ rency, which, at 40/. per Cent, in Favour of England, makes Sterling - • In fuch like Cafes as this, as you have debited Goods in the Hands of John Stone, for thefe Goods, fo now, upon his Advice that he has fold them, you mutt debit John Stone, my Accompt Current, to Goods in the Hands of Ditto, to difeharge it.' ■ £■ 4 . j There is due to me, from Thomas Crabh, half a ' Year’s Rent, for Hohbi Farm — — For journalizing this and the next Example, fee Notes in May the 8th laftpaft. -Ditto.- j There is due from me, to SamuelSmedlty of Vttoxeter, half a Year’s Rent for my Dwelling-Houfe — -Ditto.-- : -— / Received of Smith, Capt. Cope's Bill —> / Paid my Book-keeper his 3 Quarter’s Salary, and Bill of Dilbhrfements to the ill: Inrtant, amounting to, as /er'Book of Particulars For Variety-fake, let this be charged to Profit and Lofs. See Note in January 17th laft pall. -4th.- j Paid Houfe-Expences fince the 12th of March laft, to the 1 ft of this Inttant Month, as per Book of Parti¬ culars — —■ ■— — Charge Profit and Lofs too with this, for the Sake of Brevity. See Note in March 12th laft paft. -6th.-:- / Given Jofeph Cutter, my Bill on Jofeph James, Bank¬ er, payable at Sight, for — — -1 oth.--- / Received of James Gordon, my Bill on John Stone — - —r-11 th.- / Received of John London, Jacob Jones's Bill — -15th.-1- / I have drawn on John Stone, my Faftor at Jamaica, Favour Jofeph Sutt, for 58/. $s. 2d. Jamaica Currency, for which the faid Suit pays me Sterling — In this and fuch like Cafes, you may either debit Calh to Sundries for this Sum, via. to John Stone, my Accompt Current for what he owed you, and to Profit and Lois for your Gain, or elfe debit Calh to John Stone, Q 2 my ? r,6 WA J.f E-B 0 0 K. ---- London, 0 Bober 15th, 1759.--- £, s . $ my Accompt Current for the Whole, and the contrary , Method mull have been ufed, had you loll by Exchange. -z, ft.-:— -- / Lewis Boyd and Co. at Bourdeaux, write me, that ' they have diipofed of our Adventure, the neat Proceeds of which, amount to 3937 Lins. 10 SoLTournois, which; , at 23 A. 6 Sols, per Pound Sterling, makes Sterling — 168 19 10 For journalizing the lalt Example, fee Note in.Sep- tembcr the 8th. . —:-.-—:-Ditto.- / John Jenks deligning to break up Partnerlhip; James Trujly and Self, at his Requell, have purchafed his Share of Trade in this Voyage, which amounts to 1312 L. 10 Sols, Tournois, which, at 23 Lins. 6 Sols, per Pound Sterling, makes Sterling — — 56 6 7^ For which I have ordered him to draw. In fuch like Cafes as this, .where a Partner withdraws himfelf from the Co. and fells his Share to his other Partners, you have nothing to do but to debit the Partner, who parts with his Share, his Accompt in Co. to his Accompt proper for his Share owing, or to Calh, if you pay him ready Money; and in Regard, your other Partner (James Trujly) takes too of the faid Share (or had he taken the Whole) you therefore mull debit his Accompt proper to his Accompt in .Co. for his i of the faid Share (or for the Whole, if he had taken it) whereby to difcharge yourfelf there¬ of; but had your other Partner (James Trujly) .taken the whole Share, and paid the felling Partner (John Jenks) himfelf, then you mull have debited the felling Partner (John Jenks) his Accompt in Co. to the buy. ingPartner (JamesTruJly) his Accompt in Co. for the Whole. ' -:-Ditto.--- . . / Ditto Jenks, at the fame Time, fells his Share of the Ship the Sea-liorje, unto jofeph .Cutter, for 83/. 6 s. 8d. Sterling, being the Sum it coll him, and at the fame Jnllant, agrees to throw him in his Share of what Freight may chance at this Junfiure, to be in the Hands of Jacob Jones, our Faftor at Dunkirk, upon which Jofeph Cutter pays him down ' — 8368 In Cafes of this Nature, where a Partner who with¬ draws himfelf from the Co. fells his Share in the faid Co. to any indifferent Perfon, and the faid indifferent Perfon does then pay him for his Share, you have no- , • thing WAS t E-B 0 0 K. thing to do, but to debit the Partner who fells his Share, his Accompt in Co. to the aforefaid indifferent Perfon.for his faid Share fold him; but if the faid in¬ different Perfon does not then pay the faid Partner for his Share, but leaves it for you to do it, you then after havingidone as above direfted, muff debit the faidi different Perfon to the felling Partner’s Accompt pi per, for his faid Share owing, to be by you difcharged, and if the Partner who fells his Share, has not already paid for it, his Accompt proper will now be balan¬ ced, but if he has paid down his Share already, then the faid felling Partner will be Cr for the fame, and when I pay him, I make his Accompt proper Dr to the Accompt that pays him. -Ditto. i, Oftober Ziff, 1759.- 1 Lewis Boyd and Co. at Bourdeaux, further advife me, that they have fhipped off 7 Hogfheads of Wine, which, together with all Charges, and their Commif r >n, amount to 3937 L. 10 Sols. Tournois, and have| mfigned the fame to Jacob Jones of Dunkirk, to fell {for the joint Accompt of James Trujly and Self, which, 23 L. 6 Sols, per Pound Sterling, makes Sterling — For. journalizing this, fee Rule in September the 8th llaftpail. " 1 ----27tll. A Jacob Jones, of Dunkirk, writes me, that on the 2if}| of this Inllant Month, he had received 3000 Livi ’’’ mois, for Freight of Ship the Sea-Harfe, which then for the Ule of John Jenks, James Trujly, and Self, now of jofepb Cutter, James Trujly, and Self, which, at 23 L, 6 Sols, per Pound Sterling, makes Sterling — In fuch like Cafes as this, you having debited Jacol Jones, of Dunkirk-, our Accompt Current, to Ship the Sea-Horfe, in Co. &c. (fee Note in the 15th of March) or for Variety-fake, to fome other proper Accompt; as for Inflance, to Voyage to Bourdeaux, in Co. with Trujly and Jenks, (but now Jofepb Cutter) and then having. debited the faid Voyage, &c. to Jofepb Cutter, for his Third bought of Jenks, feeing you keep comptin Co. for him; you muff next debit Jan Ilfs Accompt in Co. to his Accompt proper for his Third of the Freight, according to Rule in June 19th. ■28th. Ditto Jones, of Dunkirk, further advifes me, that he| has advanced' 300 LmasTournois, for Freight of the 7 • Hog- 1 n8 WA S T E-B 0 0 K. -:- -London, 0Bober 28th, 1759.- Hoglheads of Wine now on board the Sea-Horfe, on her Voyage from Bourdeaux to Dunkirk, for the foie Ufe of James Trujly and Self, Jofcph Culler having nothing to do | with any further Freight for his Share in the Ship by Agreement, which faid Livres, at 23 L. 6 Sols, per Pound Sterling, makes Sterling - — As this Freightis paid on the Accompt of Trujly yourfelf, out of the Freight belonging to Jerks and Co. but now of Culler and Co, you therefore debit the Ad¬ venture from Bourdeaux to Dunkirk, in Co. with Trujly to Jacob Jones of Dunkirk, our Accompt Current (in Co. with Jerks, &c.) for the fame, and then you de¬ bit Trujly's Accompt proper to his Accompt in Co. for his Share of this Freight, whereby his Accompt proper will Ihew a Balance due to him of 750 Livres, with their Value in Sterling, which, together with the Va¬ lue of 1000 Livres that Jofepb Cutter has Credit for, and 7 50 Livres your own Share, all which amount to 2300 Livres, being equal to William Farce's Bill, which you have in your Cuilody. r 92 J Ditto Jones, of Dunkirk, has remitted me a Bill on William Farce, dated the 20th Inftant, and due the 5th of November next, for 2500 Livres Tournois, which, at 23 Li-v. 6 Sols, per Pound Sterling, makes Sterling — Which I have accepted. 107 S' / Received Advice from Jacob Jones, our Faftor at Dwikirk, that the Sea-Horfe, lately on her Voyage from Bourdeaux- to Dunkirk, is unfortunately blown up, to¬ gether with her Cargo. The faid Ship wherein Jofeph Cutter, James Trujly, and Self, had each j Coft — — And the Cargo, wherein James Trujly and Self had each -J Colt • --— ■— Here, as you have received Advice of the Lofs of the Ship, as well as the Cargo therein, you mult firll debit Sundries to Ship the Sea-Horfe, in Co. &c. viz. Jofepb Cutler, for his j, James Tritjlys Accompt in Co.: for his j, and Profit and Lofs for your A Secondly,! and whereas the Adventure from Bourdeaux belongs to James Trujly and yourfelf; you therefore mull debit James Trujly' s Accompt in Co. to the faid Adventure from Bourdeaux for his f, and Profit and Lofs for your £, and credit Ship the Sea-llorfe in Co. and Adventure from Bottrdeaux in Co. each for its rcfpective Sum. 250 190 90 1 Received Advice from Jonas Truetrujl, of. Lijbon, that he has difpofedof our Adventure in the Eagle, the| neat Proceeds of which, amount to 705 Milrees, which, at ;r. id. fer Milree, makes Sterling , — Here you having received Advice of the Sale of yot Adventure, in Co. with Truetrujl, you may debit True- ruji our Accompt Current to the Adventure in Co. forj :ie neat Proceeds, and then debit Truetrujl his Ac- Icompt in Co. to his Accompt proper for hisi-j 'or. [which is (hotter, you may debit Sundries to the Adven- ure in Co. via. Truetrujl his Accompt.in Co. for hisj L , and Truetrujl my Accompt Current for your^, and credit the Adventure in Co. by both. WA Sf E-BOOK — London, OSlober 31ft, 17 39.— Sold 51 Anchors of Brandy, at 2/. /)«• Anchor, for [which I have received — -; | -Ditto. —Nov. ; A Ditto Truetrujl further advifes me, that he has been obliged to abate James Dajlres, a Bankrupt, tooMil- , in the Goods he had formerly fold him, which, r. id. fer Milree, makes Sterling ■— iere you may either debit 7 ruelrujl his Accompt proper, to Truetrujl our Accompt Current for his of this Abatement, and Profit and Lofs for your or, (liorter thus, debit Profit and Lofs to Truetrujl, my Accompt Current for your £ of this Lofs, taking no Notice of his f; otherwife, you may make Ufe of the general Rule in June 19th, forTruetruJl's Share. / Received of Jonathan Ja JobnJenkshzs drawn on me a Bill, payable to ZG«;Vj \Nidfon, at 4 Days Sight, which I have accepted for ■5th- Received of William Farce, Jacob Jones's. Bill Given Daniel Nichfon my Bill on JoJeph Jam |able on Sight, in full of what I owe him / Van Scullien, of Amjlerdam, has drawn on me s ■ payable to Job Keenberg, dated the 20th of OSobei due the 23d Inftant, for 3846 G. 3 St. 2 P. Bank-money| Exchange, at 35;. 8 d. Flemijb, fer Pound Sterling, makes Sterling, nearly — Which I have accepted. 120 W 'J ST E-B 0 0 t -London, November Sth, 1759.-- N. B. That 6 Guilders, Bank-money, make one ' Pound Flemjh; therefore by dividing 3846 G. 3 Si. 2 P. Bank-money, by 6, you will have 641/. os. bd. ^ Fle- mijb Money, which, at 35/. 8 d. per Pound Sterling, makes Sterling as above, 359/. t)s. 2 d. nearly. ■-- —1 --Ditto.-- / Again, allowing Agio, at 4 per Cent. 3846 G. 3 St. 1 P. Bank-money, makes near 4000 Guilders Current- money, being equal to what 1 owe him. —-;-9th/---—-- / Given Job Keenberg my Bill on Jofeph James, pay¬ able the 23d Inllant, which is in full of what I owe Van Scultien - - - ■ -.-1 oth.- \ £ - 359 / Given Jofeph Cutter my Bill on Jofeph Jam [able at Sight, which is in full of what I owe hi /[ Given Samuel Grundy my Bill on Jofeph James, pay [able atSight, which is in full of what I owe him — The (ij m The J O U R N A L, E. r - > Ldiis Bed, in London, May 9th, 1759. !• Uefepb Jfntes, Banker, due on Demand 2. Debts receivable For Stephen'C/oitgh's, due on Demand — For David Trujly's, due jjurufi 26th _. For John Trttfly’s, due on Demand - For John Blah's',- due on Demand For James Grant's, due July 13th - -i. For Jofepb Toft's, due on Demand -- For John Goofc's, due on Demand — For Janies IVells's, ’due June 3d — _ Cor James Meanwclt's, Arsi June tfh - - FortheCuftom-Houfe's, due Jane 2d ' For Janies Snihfin's, due on Demand — — ; For Thomas Grubb's, due on Demand _ _ South Sea Stock, for 500/. Value ' ___ ( 4 ' Bills receivable For James Noon's, payable at Sight —— For Jofepb Moor's, payable on -June 4th :_ ] !■ Ship Jane, for my | Share, which coft -- 1 !■ Lottery Tickets, for 2 at 39 1, Jos. each ■ ' 4 ' Adventure to Jamaica, per the Flying-Fijb, for Co 7 much depending —- _ c 5 7. Goods in the Hands of John Stone ____ Stock Dr to Sundries, 950/. 10s. 11 d. r.'To Debts payable For Samuel Smalley's, due on Demand — For Stephen Wcbfer's, due on Demand >—_ , For James Tbornly’ s, due July 14th — For John Grimes's, due June 26th , For Ilans Van Dealer's, due Jure 4th _ To Peter Smith, on my Bond, due February 22d — ci 5 ‘ To Bills payable ^ J. For Captain Bold's, payable at Sight —_ ,< IFor^eM Gregory's, due May 10th — . .. 124(4) The JOURNAL, B- I My Accompt proper with James Nobb,' Dr to Cafli, 180/. Paid him for my | Share of io Hogfheads of our Tobacco m 3 Hands, at 3 61. per Hogfliead, and due this Day —- i'Ship the Sca-Horfe, in Co. with John Jehks, Dr to Ship the Sea Horfe, 251 1 25 l, ior. per Hogfliead v J Cafh, received the Difference of the Barter — 67 Benjamin Mams, his Accompt 79 Co. Dr to his Accompt proper,! Sundries Drs to Sherry, in Co. 113/. ^ j Benjamin Adams, his Accompt in Co. for his | of 4? ^ Pipes, at 2S/. 55. per Pipe, withdrawn ■-- - 5 *' ’ ■Samuel Cole, his Accompt in.Co. for Ditto r— 37 13 Sherry, proper for my § of 4 Pipes, taken to myfelf,? _ at 2S/. 5 r. per Pipe —— ■ . -- J 37 3 *] -~London, July iSth, 1759.— jfofepb Johns, Dr to Sundries, 60/. 41. 6 d. To Bills receivable, for his Bill on Joj'cph Noble, returned 60 o 0 ToCafli, forChargw of-Protefttog it —- ■ - 046 Benjamin Adams , his Accompt proper, Dr to his Accompt in Co. For his ^ Share of thefe Charges -> Samuel Cole Ditto - . . . \Rckrt Mettam, 'Dr to Sundries, 206/. 17:. 6 d. knjamin „ 6 s. id. Adams , his Accompt in Co. Dr to his Accompt proper, Hops, Dr to Lijbon Wine, in Co. with Adams and Cole, 5;/. For 1 Bag, received in Exchange for 2 Hogfheads Lijbon Wine, atj ,5/, 1 or. in Co. with Adams and Cole, which I have taken roj ns and Cole, ■ r, his Accompt in Co. Dr t his Accompt proper ,1 4(J4) The JOURNAL, B - —London, pftqhcr 21ft, 1759.--— |£cw;r Boyd am! Co. at Bourdaiux, ourAccoropt Current, i)r ! 136 (i 6 ) The J OU RNAU B, [Cafli, Dr to Sundries,- 426/, 1 \jobnJenks, hjs Accompt proper, Dr to Bills payable, 56/. 6s. 7 d. I. IForhisBillori me, payable to DanielNkkjon, at 4 Days Sight — Profit and Lofs, Dr to Truetrujl, my Accompt Current, 5oMilrees, which, at 51. %d, per Milree, makes Sterlings 14/. 35. 4 d. For my ~ Share of the Abatement, made James Daftres a Bankrupt] . Accompt of'Truetrujl and Self - —• [Pan Scultien, of dmjlerdw, my Accompt Current, Dr to Bills paya- * ble, 3846 G. 3 St. iF. Bank-money, (or4000 G, CurrentMoney) which, at 351. 8 d. Flcmip, per Pound Sterling, makes Sterling, |For his Bill on me to JobKeenberg, dated the zoth of OElober , and due the 23d Inftant - — —— —- -iath.-— Samuel Grundy, Dr to Jofepb James, 178/. ior, *' For my Bill on the latter, Favour of the former M LED- ‘3» The INDEX, A. Adventure to Jamaica - s Adventure by Scotland to Dun- ? kirk, in Co. with John Jenks S ' D Adams, Benjamin,h\s Accompt ? n Co. Adams, Benjamin, his Accompt ) proper Adventure by Scotland to Dun- ' kirk, in Co. with Jenks and > Adventure to Lijlon, in Co. ? with Truetruft - S Adventure from Jamaica — Adventure by Ireland to Bar- D badoes, in Co. with Adams > and Cole - J Adventure from Dunkirk to D Bourdeaux, in Co. with> Jenks and Trufiy -: 3 Adventure from Bourdeaux to Dunkirk, inCo. with James'^ Ifsa/ra, John — [Fairfax, Richard Goods in the Hands of John} Stone ■ 5 5 Grundy, Samuel - B. I Hobbs Farm Hops Bills receivable - Bills payable ■ ■■ — Brandy- Broad-Cloth, in Co. with A- ? dams and Cole - S Bradley, Jcfepb - ' Boyd, Leeds, our Accompt? Current -■ 5 Balance - 4 James, Jofepb, Banker - I 5 Jenks, John, my Accompt in Co.; 7 Jenks, John, my Accomptproper 6 Jenks, John, his Accompt in Co. 6 : Jenks, John, his Accompt proper 6 Johns, Jofepb — ft Irifh Linen ■ - - l■ James, Jonathan - I! Jones, Jacob, our Accompt), Current 5 3 Ml Calh — Cole, Samuel, his Accompt in Co. 81 Cole, Samuel, his Accompt proper 8 Cutter, Jofepb Crabb, Thomas alphabet. L. Fol.\ l KjhnWi ne, in Co. with A- ? , ^“ m 3 ” Co^with Van Scul- , Linen, i Sherry, in Co. with Adams ? and Cole *■'—- S Sherry proper — — Ship the Sea-Horfe, in Co. / with Jenks and Trujlj — S _ ^tone, John, rayAccompt Cur- ? I Scott, George, my Accompt ? Current ---— J 139 Ihttam, Robert Plate and Jewels Profit and Lofs roe: Trujly, James, his Accompt in Co. 7 my Accompt in Co. 5 TV^.y^.WsAccomp^ 7 Mb, James, my Accompt proper 6 Truetrujl, Jonas, his Accompt ? l r _._ proper —;- J my Accompt? If proper -- j Truetrujl, Jonas, his Accompt? ,. . in Co. -- -S Truetrujl, Jom Current V. Fol. Fol, Stock ■ South-Sea Stopk ' -— Ship Jane ,- Smith, Peter . —“-- Ship the Sea-Horfe •— Ship the SearHorfe, in Co. ? With John Jenks — 5 Pan Scultlen, my Accompt? Current - _ J VanScultien, his Accompt in Co. 12 P«».Cr?(//r«T,hisAccomptpro- ? 12 Voyage from Bourdeaux, in Co. 14 Wheat, in Co. with Adams ? q and Cole •——• S Wheat, proper "- 9 W. Fol. in (r) LEDGER, B. i. Stock i To Sundries, as^r Journal <■ .. . .. To Balancefir the neat of my EJlate —. ■■ . Dr ■4 £. 9 jc 551& *' 4 ■5 ti _ ■ 1 69.69 6^ 2. Hobbs Farm i To Stock, valued at «— , —— To Profit and Lop, gained hereby — ■ ■333 6 8 ■353 6 l 3. Plate and Jewels ' 1 To Stock, valued at ‘ -— ■ ■■■ ~w TO 4. South-Sea Stock ' ' I To Stock for *-- ■ - j To Profit and Lcfs, gained hereby ■ ■ - . | ~TTr Stock fii*| 650| 5. Ship Jane 1 To Stock for j Part, which eoft - ■ To Profit and Lofs t gained hereby • - . ■■■■ ~Dr nc 6 . Lottery Tickets ~ ~Dr 1 To Stock, at 39/. ioj. for-1 z 7 ?| ~- 7, Goods in the Hands of John Stone,, Dr\ 1 To Stock, valued at .—-... _ To Profit andUfs,’gained berdy - j 1° to, ■ 4 ' %.Jofeph James , Banker , CheapJideDr 1 To Stock ia his Haads , - - z J Let the Learner here ob/erve, that tkofe At¬ tempts in this Ledger, that haw not a Jimilar one in the former Ledger, are explained viithihe like Notes as the former, 1 n Order to remove all Difficulty. ! 1 1 L E D G E R, B. Per Contra C I By Sundries, as per Journal. -- By Projit and Ltifs, gainedJince May the c )th ■ — Per Contra , Cr\ [3 By 'Thomas Crabb, for ~ Year’s Rent now due — \Per Contra \By Balance, remaining Per Contra 3jBy Brandy, at 130/. fcrCcr.t. for Per Contra jByCalh, received for my y Part By John Stone/ of Jamaica, my Accompt Cuirent, See tie A ( cte on this Accompt, in the former Ledger Per Contra Cr By 'Peter Smith, far my Bill to him at Sight — By Bills payable, for one to Captain Bold, at Sight —- By Ditto, for one to John Gregory, due the loth Inft. By Debts payable, for Stephen fPebjler's — — — 3 By Ship the Sea-Horfe, for which he has paid — 4 By Adventure by Scotland to Dunkirk, inCo. withy^l 13 By jcjtph Cutter, for my Bill to him at Sight — f >6 By Bills payable, for one to DanielNickjon, at Sight — ] 16 By Ditto, for one to Job Kecnberg, due 23d Novcmbi f6 By Jofsph Cutter, for my Bill to him atSieht —- 16 By Samuel Grundy , for my Bill to him at Sight — By Balance due to me — ‘ (0 *41 \£- ('• 16308 15 II- 1 a 142 3759 Mm 9 (i) LEDGE R, B. 9. Debts receivable Dr I To Stock, for one on Stephen Chough, on Demand — To Ditto, for Ditto on David Trujly, due 26th Auguji To, Ditto, for Ditto on John Trujly, onDemand — To Ditto, for Ditto on John Shis, onDemand - To Ditto, for Ditto on .James Gram, due July 13th — To Ditto, for Ditto on JojcpbToft, onDemand — To Ditto, for Ditto on John Goofe, onDemand ' — To Ditto, for Ditto on James Jf'clis, due June 3d — To Ditto, for Ditto on James Nlcannwll, due June 4th To Ditto, for Ditto on the Cuftom-Houfe, June ad — To Ditto, for Ditto on James Snibfon, on Demand — To Ditto, for Ditto on ‘Thomas Crahh, on Demand — 1,14 ft ; ( iS to 0 1 3° 5 6 39 0 0 7013 6 M" 6 The Dr Side of this Accompt Jhews 759 May\ M Nov, M iU >3 io. Debts payable Dr 7 To Jofcph James, Banker, for Stephen Wcbjlcrs — 2 To Bills receivable, for Part of John Grimes's - 2 To Ditto, for James Thor nay's — — To Ditto, for Hans Van Dealest s — — Vo Balance, due to John Grimes, on Demand — To Ditto, due to Samuel Smedley, on Demand — In balancing this Accompt, let the Debts that remain unpaid, be carried to Balance. As Bills payable is a general Accompt of what Bills are due by you, and the Time when ; fo Debts payable, is a general Accompt of what Debts are due by you, and the Time when. i i - Adventure to Jamaica, -per the Fly- ing-Fifh, Dr 1 To Stock, outftanding — — «-* 10 To John Stottc, my Accompt Current, abated by him, Sterling — — — — 1 To Proft and Lofs, gained hereby — ~ 566 1 f 37 3 1 hi LEDGER, B. (a) 143 \Per Contra Cr\ | £• | ■r .Smith, for Stephen Clough's — — to ■ for John Trujly's — - By Ditto for John Bhis's — — By Ditto for Jofoh Toft's - - By Ditto (or John Goof's — — By Ditto for James Snihfon's — — By Ditto for Thomas Crabb's — — By Cadi for James Wells's _ — " "' to fat James Mcanwell's - to fortheCuftom-Houfe’s - |b j Profit and Lofs ^ fcr GWs _ _ By Balance due to me, for David Trujly's —. H In the balancing this Accompt, let the belts that remain unpaid, be carried to Balance. As Bills receivable, is a general Accompt of what Bills are due its you, and the Time when; fo Debts receivable, is a general Accompt of what Debts are due to you, and the Time vs ken. \Per Contra Cr\ By Stock, for one to Samuel Smedlcy s on Demand — By Ditto, for one. to James Tbornby, due July 14th — By Ditto, for one to Stephen Wc&Jler, on Demand — By Ditto, for one to John Grimes , due 26th June — By Ditto, for one lo Hans VanDealen, due 4th June— By Profit and Lofs, due to SamuelSmedley, » Year’sPen The Cr Side of this Accompt jhews what Debts are due by you ; the Dr Side jhews what you have paid. 41 2 5l °1 0 3 2 5 3 5 \Per Contra G iy Accompt Current, t be Advtdtture to Ext teat Proceeds,! 64c LEDGER, B. Per Contra ( 3 ) 14 S 3 By my Accompt, inCo. with Jinks, paid him my | Share] ■ By my Accompt proper, with James Nobb, paid hi™ 4 By^Broad-Cloth, in Co, with Adams and Cede, paid my 4 By*Wheat, in Co. with Ditto, paid my % Share, in Part 5 By Andrew~Dakcn , paid him in full, for 500 Quarters 5 By Wheat, in Co. with Adams and Cole, paid Charges — 6 By Benjamin Adams, his Accompt proper, paidhim infull 6 t!y SamuelCole's Accompt proper, paid him in full — 6 By Sherry, in Co, with Adams and Cole, paid in Part of By Jojlpb Johns, paid for Protefting his Bill on Jofefh ^ , %y Robert Mcttarn, paid him in Part - 3 By Adventure to Lifton, in Co. with Jonaslruetrufi, paid 10 10 By Adventure from Jamaica, fen the Flying-Fijh, paid Charges .. . • —* By Linen, in.Co. with Van Scultitn. paid Charges — By Adventure by Ireland to Barbados, in Co. with A- By Bah payable! paid James Trnjlfs Bill to James By Ditto, paid George Scott's Bill to Jacob Sterfoot • By Profit and Lofs, paid Charges on Merchandize • rn By Ditto, paid Houfe-Expences 1 ■ ■ LEDGER, B. (4) W 7 : \Per Contra Cr\ Co, with Truetruf, foi. my Per Contra 8 By Adventure to Lijbon, Commiflion . - -- By Linen, in Co. with Van Scultien , for my CommiHion By Hobbs Fang* thereby -- By Soutb-ScaStock, gained thereby ——* By Shi/> Jane, gained thereby ■ - By Goods in.the Hands of John Stone, gained - By Adventure to Jamaica, gained thereby -— By «y Accompt, in Co, with John Jcnks, gained - By Adventure by Scotland to Dunkirk, gained - By Adventure from Dunkirk to Boiirdeaux, gained —• By Wheat, in Co. gained thereby . for my | Share — By Sherry, in Co. gained thereby, for my \ Share — ■ By Wheat proper , gained thereby --7 By Hops, gained thereby — r—• ■- By Voyage to Bourdeaux, in Co. gained thereby — By Adventure to Lifbon, in Co. gained thereby -7— - By John Stone, my Acccmpt Current, gained by Exchange By Linen, in Co. with Van Scultien, gained — By Adventure by Ireland to B.ubauocs, in Co. — Cr 2 By Debts payable, for James Mon's Bill at Sight — tty Ditto ^{orjofepb flfe-’sBill, due JWjJth ' — 4 By CaCn,pQX-Jjhn Jenks, his Bill on John Nob.e r- 7 By Jofcpb 7iA m, Jofeph Noble refuiing his Bill on liim a ByCaih, (Irjonalban James's Bili on Jacob Noble ~ [3 By Ditto, for Captain Cope's. Bill on Jams Smith — 3 By pitto, for my Bill on John Slone, to James Gordon— 1 3 By Ditto, for Jacob Jones's Bill .on John. London — 16 By Ditto, for Jacob Jones's Bill on William Parse — if Per Contra Cr 1 By Stack, for one to Captain Bold, payable at Sight — By Ditto, for one to John Gregory, due ipth Inftant — 8 By James Tnjly's ' Accompt proper,, for one to James Cbainpion, due Sept. 7th • ■ 9 By George Seen, my Accompt Current, for one to Jaccb Sfn/oot, at Ufance -— : — 1 16 By John Jcnks, his Accompt proper, for one to Daniel Nickfon, at 4 Days Sight - 16 By yan Scultien, my Accompt Current, foronetojei Keenberg, due 23dinftant ■■ ■ 1 148 (5) LEDGER, B.' 1 6. Peter Smith Dr\ Wy\n\ 2IT0 Debts receivable, for Stephen dough's - • 1 1 To Ditto ' lot John Tally's - - for John Blots s - for Jofipb Toffs — for John Gooffs - tot Jams Snihfin's - for Thomas Crnbb'z — for my Bill on him at Sight To Ditto To Ditto' To Ditto To JfpbJuntt 'iy. Brandy " njr Accompt, in Co. with John Jcnis, at zl. j ji 18. Ship the Sea-Horfe 3 |To Jofepb James, who paid for her 1 19. My Accompt, in Co. with John] Jenics Dr\ , To Ca/h, paid him my"Half - - 1 3 To Samuel Grundy, due at 5 Months - > ■ To Profit and Lojs , gained hereby ».■ . . The Dr Side of this, and all other Attempts of the fa\ Kind, Jhnvs nobat the Goods toh me, the Cr Side for nobat I they hive fold. 1 20. Dureys Dr\ 3 |To .my Accompt, in Co. with John Juris, atro/. . This Attempt is the Raverfe to Lottery Tickets in tba [former Ledger, fince you have kfi hereby, and is bal- vaneed in Part in a reverfi. Manner, by debiting Profit and , \lofs to it for the Lots, and crediting this Accompt by Pr [fit and Lcfs, for the fame Sum . - 21. My Accompt, in Co. with James 1 Nobb Dr\ 3IT0,my Accompt proper with Ditto, due at,]. Days — Sfcmy Accompt, in Co. micb John Jcnks, L'E D G E R, B. (5) T49 Per Contra, By Stocjc on Bond, at 3/. per Cent. —• By Profit and Lofs, for 2 Months Intcreft — G £■ 5 °- I Per Contra Cr By Cafli, at 2 1. per Anchor, fold ——• I 51 ,1y Balance remaining, at 3/. - 1 241^ For the balancing this Accompty as you have neither gained nor loft, you need only to debit Balance to it for the lvalue of the Goods remaining) and credit this Accompty by Balance fo> the fame Sum . 3 *4 7^5 S27 1 ! Per Contra By Ship the Sta-lhrfe, in Co. with Jcr.ks — Cr 250 O Per Contra Cr By Bills receivable, for tat Sight, on John Noble — By Duroys, 20 Pieces,' at 10/. per Piece ' - By Brandy, received 51 Anchors, at 2/. per Anchor , This Accompt is balanced , by debiting it to Profti and Lofs for the Gair.y or Proft and Lofs to this Ac\ compty inCafecfLofs. 5 402 1 - Per Contra By Cafli, at 9/. per Piece, received for - I Cr Pi M IOC ° 20 ^7 7 Per Contra Cr By Balance remaining . ■■ HerCy as none of the Goods arc fold> you have no¬ thing to do, but to debit Balance to this Accompty for the Sum on the Dr Side, and credit this Accompt. by Balancej for the fame Sum, <4 15 ° (6) LEDGER, B. 22. My Accompt proper with James Nobb Dr 4 To Cath, paid him my half Share ■ This ylaorr.pt is Dr for what I have paid the Co. for my Share, or for what any of the Co. owes me for bis 23. My Accompt proper with John Jenks Dr 3 To Samuel Grundy, due at 5 Months ■ Sec the Note on the Accompt above, 24. Samuel Grundy Dr ,6 To Jofipb Jams, for my Bill on him, payable at Sight 25. Ship the Sea-Horfe, in Co. with Jenks Dr 4 To Ship the Sca-IIorfc, admitted Ditto Jenks to \ - This Side of the Accompt Jbnos 'what the Ship (or Goods} cojl the Co. 26. John Jenks, his Accompt in Co. Dr 8 To James Trufy's Accompt, in Co. for his \ Share fold his Accompt proper, fc r his l of Jacob Jones's Bill n JohnMofs ‘ - — ‘ ITo Ditto, for his ^ of Ditto's Bill on John London 1 To Ditto, for his i of the Adventure to Bourdeaux, fold the Co. - - 1 '4 To Jofepb Cutter, fold him his Share of the Ship Jacob Jones, our Accompt Current, for his !oj} /jyl Exchange • - - — J This Side of the Accompt pews your Partner s SZwrf.o/j I Goods difpofed of orGoods remaining unfold , together with\ bis Share of the Lofs if ary. 27. John Jenks, his Accompt proper Dr 4 To his Accompt, in Co, for his | of the Adventure to Dihikirk - -- -- 8 To Ditto, for his | of Charges ■ >6 To Bills payable, tor his Bill on me to Daniel Nickfon — '10 Bolar.ce due to him — —- — T'his Side of the Accompt pews what your Partner owes you, either upon private Dealings, or upon Co. Accompt . £■ *. a 180 0 0 6 *9 s o M ? 75 0 ° 6 IOO 2 ic| 6 73 4 7 6 56 6 75 .0 83 6 8 13 2 .5 61 6U00 229 14 1*1 3] By my Accompt, in Co. with Ditto, doe at 4 Days This Accompt is Cr for what I ewe the Co. fo\ bare, or for what any of the Co, has paid me for hit bare, or my Share, and is balanced as any other perfonait j. Accompt. 8 By Ship the Sea-Ilorfe, in Co. with Jenks and Trvfy - This Side of the Accompp flews ' ~ ' "* \(or Goods) has made the Co. LEDGER ,, B. Per Contra (6) 151 0-1 |£p J Per Contra By Cafh, received his ^ Share 8 By Ditto, for his % of Charges - By Adventure by Scotland to Dunkirk, in Co. foi By Adventure from unkitk/o Bcurdcaux, in Co. for bd of the Co's Gain at doflig thcii Bi | By his Accompt, in Co. for his | of Jacob Jones's Bill | on John Mofs - - 1 ;By Ditto, for his I of Ditto’s Bill on John London -i ly D tto, for Ins | of the Adventure to Bourdeaux, in Co J 7 his 'idc of the Acccmp:Jhcws what you owe him, eithn j \upot: private Dealings, or upon Co. Accompt, and is ba-\ ' need as any other pcrfcnal Auompt, | * 5 2 ( 7 ) ' L E D G E R , B. 28. Tames Trn Sky's Accompt in Co. Dr\ 12 To his Accorapt proper, for his ] of Jacob Jones's Bill] P To Ditto, for his 1 of Ditto’s Bill on John London 4 To his Accompt proper, for his i of the Voy age from '115 To Ship the Sm-Uorfe, in Co. for his i Share loft - 15 To Adventure from Bourdeaux to Dunkirk, for his i loft ■> To Jacob Jones, our Accompt Current, for bis J loji by Ex- ■ See John Jenks, bis Accompt in Co. 29. James Trudy’ j Accompt proper Dr\ - To his Accompt in Co. for his | of Charges ■ S To Bills payable, fot his Bill on me to James Champion I ■ ‘ To his Accompt, in Co. for his \ of John Jenks' s Share ToDitto, for his \ of the Freight in the Adventure from Bourdeatix'to Dunkirk —— T 5 Balance due to hits 1 T 30. Adventure by Scotland to Dun¬ kirk, in Co. with John Jenks Dr\ To Jofcpb James, drawn on him, for - 31. Broad-Cloth , in Co. with Adamsl and Cole P r \ 4 To Cafli, paid my \ of 4° Pieces, at 7/. lot. per Piece To Benjamin Adams, his Accompt in Co. for his i — To Samuel Cole, his Accompt in Co. for his § - 32. Beni. Adams, his Acc. in Co. Dr\ To his Accompt proper, for his I of 150 Qrs of Wheat fold 5 To Ditto for his 1 of 50 Qrs of Ditto fold — 1 5 To Ditto for his j- of r jo Ops of Ditto fold — To Ditto for his -1 of 150 Qrs of Ditto fold — ToDitto for his J of 4 Pipes Sherry fold — 7 To Ditto for his \ of 4 Pipes Ditto come in - 7 To Sherry, in Co. taken to himfelf 1 d Pipe - 7 To his Accompt proper, fer his \ of Abatements — 7 To Ditto, for his J of 2 Pipes Lifion Wine fold - 8 To Ditto for his i of Protcfting Charges received — " To Ditto for his i of the Goods folrj in Ireland - To Adventure by Ircl. to Barbad. in Co. for ^Remitting See John Jenks, bis Accompt in Co, m LEDGER, B. (7) 153 Per Contra Cf\ S 8y John Jenks, his Accompt in Co. for ~ of his Share - 8 By Cafli, for of my Share - —— 8 By his Accompt proper, for his j of Charges —~- 1*4 By Ditto, for his £ of John Jenks Share fold us —. ! 15 By Ditto, for his £ of the Freight in the Adventure from Bourdeaux to Dunkirk . . — — . - By Adventure by Scotl. to Dunk, in Co. for bis \ gained By Adventurefrom Dunkirk to Bourdeaux, in Co. for bi\ gained --• ■ . —— By Voyage to Bourdeaux, in Co. for bis - gained —— Per Contra 8 By Adventure by Scotland to Dunkirk, in Co. — By his Accompt in Co. for his 4 of Jacob Jones's Billl on John Molt - - - 1 By Ditto, for his J of Ditto’s Bill on John London By his Accompt in Co. for his | of the Voyage from Bourdeaux - —— — See John Jenks, bis Accompt proper. .Per Contra Cr\ 4 By Broad-Cloth, in Co. for his i of 40 Pieces paid down 4 By Wheat, in Co. for his JofPartof 500 Qrs paid down 4 By his Accompt proper, for hisof the Reft owing — 1 5 By Ditto for his J of Charges paid on Ditto_ “By Ditto for his I of Abatements - "'"1 for his 4 of 12 Pipes Sherry - ) forhis i of the Charges of Proterting By Ditto for his iof the Adventure by Ireland to Bar- badocs, in Co. ■ , . . . - By Wheat, in Co. for bis \ gained - - By Sherry, in Co. for bis ^gained - By Adventure by Ireland to Barbadoc's, &c.for \ gained] (8) LEDGER, B. * Lo. Beniamin Adams, his Accompt pro-\ per ' Dr\ To his Accompt in Co. for } of what’s owing for Wheat , To Ditto, for his } of Charges paid on Ditto — 6 To Ditto, for his -I of Abatements — 6 To John Earn, received of him -r 6 To Caih, paid him in full 6 To his Attempt in Co. for his-} of ij Pipes Sherry — 7 To Ditto, for bis } of the Charges of Protefting — To Ditto, for his } of the Adventure by Inland to Ear- b sdoesy in Co. ■ — • To Balance due to him ■ See John Jenks, bis Accompt proper* 24. Samuel Cole, Ms Accompt in Co. Dr\ 5 To his Accompt proper, forhis}uf ijoQrsofWhcatfold I 5 To Ditto for his} of 50 Qrs of Ditto fold — J To Ditto for his } of 150 Qrs of Ditto fold — To Ditto for his} of 150 Qrs of Ditto fold — To Ditto for his } of 4 Pipes Sherry fold _ — 7 To Ditto for his } of 4 Pipes Ditto come in — 7 To cherry, in Co. taken to himfelf 1 } Pipe - 7 To his Accompt proper, for his } of Abatements — 7 To Ditto, for his} of 2 Pipes Upon Wine fold - 8 To Ditto for his } of Protefting Charges received — [2 To Ditto for his } of the Goods fold in Inland - To Adventure hy Ircl. to Barbad. in Co. for 1 Remaining See John Jenlts, bis Accompt in Co. 25. Samuel Cole, his Accompt proper Dr 4 To his Accompt in Co. for his} of what’sowing for Wheat 5 To Wheat, in Co. for 150 Quarters, at 29J. 64 -—- 5 To his Accompt in Co. for his} of Charges paid on Ditto 6|To Ditto for his } of Abatements — To Benjamin Adam, his Accompt proper, received of him To Cafli, paid him in full — ——• 6 To his Accompt in Co. for his } of 12 Pipes Sherry — - To Ditto, for his } of the Charges of Protefting —. To Ditto, for his } of the Adventure by Ireland to Bar badoes , in Co. ■ •-— To Balance due to bin: —— . - — See John Jenks, bis Accompt proper. LEDGER , I Per Contra 5 By his Accompt in Co. for his $ of 750 Qrs of Wheat fold j By Ditto for his | of 50 Qrs of Ditto fold — ' j By Ditto for his ^ of 150 Qrs c-f'Ditto fold — By Ditto for his i of 150 Qjs of Ditto fold — By Samuil Coh, his Accompt proper, received by him — 6 By Calli received by me, what I had advanced - J. 6 By his Accompt in Co. for his i of 4 Pipes Sherry fold — 7 By Ditto for his i of 4 Pipes of Ditto come in— 7 By Ditto for his | of Abatements — 7 By Ditto for his A of 2 Pipes Lfion Wine fold —. 8 By Ditto for his | of Protefting Charges received — ■ • By Adventure by Ireland to Barbu does, in Co. for his Inputs By Caftr received by me -- By his Accompt in Co. for his -J- of the Goods fold in Ire- Per Contra . ( 8 ) 155 Cr\ Cr By Broad-Cloth, in Co. for his I of 40 Pieces paid down By Wheat, in Co. for Ills ^ of Part of 500 Qrs paid down By his Accompt proper, for his A of the Belt owing — 5 By Ditto, for his A of Charges paid on Ditto - 6 By Ditto, for his i of Abatements , - .1 - - 6 By Ditto, for his 1 of ■ 2 Pipes of Sherry - . 7 By Ditto, for his \ of the Charges of Protefting - By Ditto, for his | of the Adventure by Ireland to Bar- badocs, in Co. - - - By Wheat , in Co. for bis ’ gained -;- By Sherry, in Co. for bis gained -- By Admenture by Ireland to Barbadoes, in Co. fir f gained P(r Contra Cr\ By Andrew Daken, received by him ■ ■ ■ 1 5 By his Accompt in Co. for his | of r 50 Qrs of Wheat fold 5 By Ditto for his i of 50 Qi_s of Ditto fold — 5 By Ditto for his 1 of 150 Qrs of Ditto fold — - for his I of 150 Qrs of Ditto fold — for his y cf 4 Pipes Sherry fold — for his % of 4 Pipes Ditto come in — for his i of Abatements - for his | of 2 Pipes Lifion Wine fold . for his of Protefting Charges received 7 By Ditto By Ditto By Ditto By Adventure by Ireland to Barbadoes , in Co. for his In- i 5 5 (9) LEDGE R, B. 136. Wheat, in Co. with Adams and l , To Cafli, paid my | •—« 1 4 To Ben}. Adams, ilia Acc, in Co. his l >in Part for | 4 To Samuel Cole, his Acc. in Co. his 1J To Andrew Daken, for the Reft due on Demand To Ca/h, paid Charges on Ditto — To Join Eaton, abated him, he being a Bankrupt t To benjamin Adams, bis jlccotr.pt in Co. for bis | — T > Samuel Cole, bis Accompt in Co. for bis f gained — To Profit anti Lofs for my % gained — See Ship tbe Sea.Hone, in Co. ivitb Jenks, 38. John Eaton 5 To Wheat, in Co. with Alains and Cole Cole Dr I37. Andrew Daken Dr To Samuel Cole, his Accompt proper paid by him — 39. Wheat proper 40. Sherry, Cole ! Co. with Adams and | Dr To Bpnjamin Adams, bis Accompt in Co. for bis | gained 1 T j Samuel Cole ’s Accompt in Co. for bis gained - To Profit ami l.of, for my -j gained - - ■ ■ See Ship tbe Sea-Horle, it! Co, with Jenks, 41. Robert Metram To CaJh, paid him in Part -- n ^ riy, in Co. abated me the Reft (10) LEDGER, B'. .42. Lilbon-wine,™ Co. with Adams andCoh Dn 44. Jofeph Johns 7 To Bills receivable, for his Bill being returned —- 7 To Ca/h, paid for Protefting —— —- 46. Ship the Sea-Horfe, in Co. with Jenks a/un Trufty ~ 1 8 To Ditto Ship, in.Co. with Jenks - See Ship the Sea-Horfe, in Co. •with Jenks. [43. Sherry {roper erry,- in Co, with. Adam and Cole, taken to 47. Adventure ^Scotland to Dunkirk, in Co. with Jenks and Trufty Dr\ 8 To Ditto Adventure, in Co, with Jenks — 8 To James Trufty's Accompt proper, for Charges —— To John Jenks, his Accompt in Co. for his \ gained — To James Trufty 's Accompt in Co. for bis \ gained - ^ Profit and Lofs, for my § gained — 48. Adventure to Lifbon, in Co. voith Truetruft, conftgned to Ditto • Dr 8 To Jofeph Cutter , due at 2 Months ——■■■ ■ 8 To Cafti, paid for Hats and Charges - 8 To Profit and Lofs, for my Commiflion, at 2- per Cent . To Jonas Truetruft, his Accompt in Co. for his \ gained — To Proft and Lofs, for my £ gained 49. Jofeph Cutter 2 >>-| To Jofeph James , for my Bill at Sight on him -. To Ship the Sca-Horf, in Co. with Jenks and Trufiy 3 {01 To Jofeph James , for my Bill at Sight on him — 50. Jonas Truetruft, his Accompt proper 8 To his Accompt in Co. for his | Share of the Adventure! ‘ice John Jenks, his Accompt proper. i6o 1759 jug. * 1759 (n) LEDGER, B. I [51. Jonas Truetruft, bis Acc. in Co. Dr\ 15 To Adventure to Lipon, in Co. for his i Share li See John Jenks, bis Accompt in Co. I 52. John Stone, Jamaica, my Ac¬ compt Current Dr 9 To Adventure to Jamaica, for neat Proceeds 900 2 6 13 To Goods in his Hands - 58 5 2 To Ballana due to him - 40 17 6 Jamaica Currency _ 999 5 * T1 Proft and Lots, gained by Exchange - The Dr Side of this Accompt, and aII other of the faint Kind, paws what your TaElor ewes you in the Current Coin of his Country, together with its Value in yours ; the Cr Sidepews whatyou owe him in the fame Coin. 53. Jonas Truetruft, my Acc. Cun. Dr 15 To Adventure to Lijbon , in Co. for my \ Share 352,500 1 See John Stone, my Accompt Current. Portugal Curr. 54. Adventure from Jamaica, per the\ Flying-Fifh Dr\ To John Stone, my Accompt Current, Sterling - i To Cafh, paid Charges - - - 0 Jofeph Bradley, abated him - — This Adventure from Jamaica, is the Inverfc of the Ad- enture to Jamaica ,fnee you have iof hereby. 55. Irifh Linen Dr I Ps 9 To George Scott, my Accompt Current, Sterling *— j 20 56. Sugar ' [10I To Adventure from Jc : J9. 642 37 99 \fo 90 126 ledger, b. I Per Contra 8 By his Accompt proper, for his | Share — I n„ M*, m turc to Lifljon, in Co. for bis l gained I Per Contra C u i. , Jamaica for Returns — 277 15 r his Bill — 200 17 |By Bills receivable, for my Draft on him —363 6 " I r George Scott, my Accompt Current, for 7 g myDraftonhim — j 5 , f Adventure to Jamaica, for Abatements / made by him 1 < ■ j ^ ' jByCaih, received my Draft on him — 58 $ Jamaica Currency — 999 5 If the Cr Side be open, then the Whole it carried toB< nee at the Current Exchange 5 if the Cr Side be filled up\ I ... Part, then the Remainder is carried to Balance at the Cur rent Exchange, and the Accompt debited or credited to, t by Profit and Lofs, for the Gain or Loft, if any . If the C Side is filled up fas in tbit Example) but not the Dr Side, ben the Accompt is debited to Balance for the Deficiency, tnd afterwards to Profit and Lofs for the Gain made by Ex - (H) Cr\ |£' Portugal Currency — _ 352,500 Per Contra C for 882/i. Indigo, at 3r.^frPoundfold hi By Sugar, for 140 c. at \%s,per C. brought into my War By Profit and Lofs, loft hereby — — . For the balancing this Accompt, you mufi debit Profit and\ Lofs to it for the Lofs ; and Credit this Accompt by Profit and Lofs for the fame Sum. Per Contra By Balance remainb Cr Per Contra By Balance remitthg, 140 C. at \%s, ferC, A o Ba-.j. sjdjtts, h:s Acc, proper, for 4 Hhds Sugar, To SaauCskf liis Acc. proper, for c Hhds Tobacco,- roCait, paid Charges - • - j To Broad-Cloth, in Co. with Ditto ■- To Benjamin Adams, bis Arcompt in Co. for bis lgain To Samuel Cole, bis Accompi TnVc. for bis 4 gained To Projit ar.dLofs, for iiyl[gdmai'~ ———~ SccfPkiatinCo, &c, 7\. ) led g e r, b. I Pfr- Contra By hip Linen, for no Pieces, Irifi Currency loo See John Stone, my Accompt Current. (12) 163 [O By Adventure from Jam. per the Flying-Fijh , abated him By Cafli, received in Part •— T By Bills receivable, for 1 on Jacob Noble — >at 10/. By Jonat. James, fortheReftdueata Months j By Cafh, received half down — 1 By Richard Fairfax, for the Reft due 5>at ill. 6s. 6d. at 2 Months — i For the balancing thh,fee Wheat in Co. . See alfo Ship the Sea-Horfe, in Co. with Jenks, _■ j Per Contra 1, in Co. for my Jof thefirft, coft 4000 Guilders wy Proft and Lofs, loji by Exchange By Linen, in Co, for his \ ■ —— to By his Accompt proper, for his * of Charges — By Ditto, for his % of my Commiflion, &/c. — By Linen, in Co. for bis i gained -— | Per Contra - I y his Accompt in Co. for his £ of the Sales See John Jenks, hit Accompt proper. Per Contra By Bills receivable, for one on James Smith } at By Benjamin Adams, his Accompt in Co. for his\remainirA By Samuel Cole, his Accompt in Co. for bis remaining • By Balance, for my - remaining - —— For the balancing this Accompt, in-regard to Jhcws what the Bailor owes the Co, in the Coin the Place where be rejides, together with its Value in Vi Cow ; the Cr Side fimus what the Co, owes him in the [ame Coin, and admits of the fame Variety as my Aceompi Let the ingenious Learner here obferve, that if the Ad¬ venture hy Scotland to Dunkirk, in Co. with Tenks and Trudy, had been debited to Jacob Jones of Ditto, our At¬ tempt Current, for what is lof by Exchange, it would have laved a Divifion of the Lof among the Partners, and would have been more concifi, although the Refult would havefill e en the fame $ and the contrary Method muji haw 1 n, in Cafe the Co. had gained by Exchanging. 68. Adventure from Dunk, to Bourd in Co. with Jenks and Trufty Dr] 12 To Jacob Jones, of Dunkirk, our Accompt Current, Sterlini To John Jenks, his Accompt in Co. for his J gained — * To James Trudy’s Accompt in Co. for his flincd _ To Profit and Lof, for my i gained - 69. Lewis Boyd, and Co. at Bour- deaux, our Accompt Current Dr\ [To Adventure from Dunkirk to Bourdevex, f in Co. with Jenks and Trujly - $5937 10 c [ 7 . 0 * Adventurefrom Bou rd eau x /sDun-l kirk, in Co. mthTrwsbf Dn i' 4 T°f ra :"^Vs and Co. at Board. ourAcc, Curr. Ster/i, | 'by** Jacob Jones, our Acconipc Current, Sterling — LEDGER, B. (13) ^5 I Per Contra l ily Balance due to \Per Contra Cr\ Lh. S. D. By Adventure from Dunkirk to Bourdcaux, ? g in Co. with^cffAi and Trufiy - $ 75 By Cafh drawn on him, Favour John Mofs_ 7000 By Bills receivable, remitted "■“* / ' n “ An 1 John London — By Adventure from Bourdcaux to Dunkirk} 7 in Co. with Trujly 1 5 By Bills receivable, " William Farce CH on } 5”815 'i 50= o remitted me one on | 2J00 0 17875 < By James Trudy, for Accompt in Co. lofi by Exchange By Profit and Lofs, loji by Exchange on my \ Share — For the balancing. If the Cr Side be open, then it is , lanced by each Partner's Accompt in Co. for bis Share, andl by Balance for your Share. If the Cr Side be filled uf i Part, then the Remainder, unremitted, is balanced as before and in Cafe any Gain or Lofs happens to the Co. by Exchange,] then each Partner's Accompt in Co. for his Share, and Profit} .and Lofs for pm-Share, is credited or debited by, ortotbiA \Accmptfir the fame. If the Cr Side be filled up, and the\ \Dr Side be filled up only in Part, then it is balanced in o jreverfe Manner to the Cafe laft mentioned. If both the Di land Cr Sides be filled up (as in this Example) then it is ba- 7. JL . U in Co. for his Share, and By Lewis Boyd and Co. at Bourdcaux, our Accompt Cur- rent, Sterling — . By the balancing this , fee TVheat in Co. See alfi Ship the Sea-Horfe, in Co. with Jenks. Lh. S . D. I By Adventure from Bourdcaux to Dunkirk, 7 [ in Co. with Trufiy -— See Jacob Jones, cur Accompt Current. _ Per Contra 5 By James 'Trufty, his Accompt in Co. for his ~ loft - <5 By Frofitand Lofs, for my £ loft - — (14) LEDGER, B. : [71. Voyage to Bourdeaux, in Co l w//£Jenks and Trudy Dr] To Ja'mes Trufty’j Acompt, t j gained - I T° Profit andLofs,fer my f gained ■ 72. Balance DA To Hohhs Farm.for its Value ___ To Plate and Jewels for their Value — , To Jofepb James, Banker, due to me onj To Debts receivable, for David Trudy-. due on Demand - To Calh remaining on Hand -- 3I2748I To Brandy, for 2411 Anchors, at 3/. 5 y 2 c\ To Duroys.for loPieces, at lo/./rr Piece 5 1 To my Accompt in Co. with James Nob& 5 To Sherry proper, for if Pipe, Value — To Jonas Trmtruji, his Accompt properj To Jonas Trueirufl, my Accompt Cut due to me 302,500 Milrees — To A-j# Linen, for 20 Pieces, Value — To Sugar, for 10 Hoglheads, making 140c. at lis.perC. _ To Adventure by Ireland to Bari i“C6. for my f outftanding — ,, z To Thomas Crabb, due to me on Demand'13 LEDGER ,, B. I Per Contra Cr\ 14 By Jacob Jones, our Accompt Current, See Ship the Sea-Horfe, in Co. with Jenks. For the balancing this, fee the Wheat in Co. Per Contra Cn >759 *4 By Debts payable, due to John Grimes, on Demand - - By Ditto, due to Samuel Smalley, on De¬ mand -- - By John Jenk, his Accompt proper, due to him on Demand -- By James Trajly's Accompt proper, due to him on Demand -- By Benjamin Adams, his Accompt proper, due to him on Demand - By Samuel Cole, his Accompt proper, due to him on Demand - By John Stone, my Accompt Current, due to him bijh, 40/. I JS. 6 d. - By Van Scultien’s Accompt proper, due to him on Demand -. , By Stock, for the neat of my Eftate - ■ ■ (14) 167 £■ '■ * 12815 1 2 2615 o 6 63 7 5'- 7 167 711 8 73 7 8 f 8 73 7 8 ! 1 37 3 ^ 2 373 i6 9 15518151*5 6339 1 7* Part II. The Six Questions in Company Accompts, publifhed in the Year 1701 (to be compleatly hated) by that eminent Penman and incomparable Accomptant, Mr. Charles Snell, late Writing-Mafter, at the Free- School in Fofler-Lane , Londo?i now firft com¬ pleatly dated after the following Methods: I. By a Method entirely new, I call London's Method) and agreeable to the Laws ofRea- -this is done too without in- fon, and adapted to the Capa- troducingan Accompt in Corn- cities of all. pany for each Partner. II. By a Partner Agent, who is IV. By a Truftee in the common to be accountable only for his Method, by introducing' an own Share of the outftanding Accompt in Company for each Debts, and by each of his Partner, as well as an Ac- Partners to anfwer him ; that compt proper or current, and is, when they are to be ac- by each of his Partners to an- countable to each other for fwer him, whereby it will their Shares (which Method is clearly appear, that the laft ufed by -Snell) and this is Method and this, are entirely done without introducing an the fame, capable of- the Accomptant in Company for fame Abridgments, and in the each Partner. fame Cafes too j the former III. By an Agent Truftee, who making the Goods or Voyages is to be accountable to the in Company, f3V. to iupply whole Company for their the Ufe of an Accompt in Coin- Shares of the outftanding pany for each Partner, which Debts, and by each of his is made Ufe of by the latter. Partners to anfwer him (which By Richard Roose, late Accomptant in Chejlerjield. Z ( clxxi ) P RE FACE. And i ft of the Author’s. “ Queftigns or Examples for the Exercife of the follow- |_ “ ing Rules, whereby the moll difficult Part'of "Book- « keeping may be learned, are feverally ftated,' ftep by ftep, in their “ following Ledgers, with Blanks fqr the Stile, or fylanner of Ex- “ preffion^ and likewife for the Figures, defigned to oblige the “ Learner to confult the Rules for his Direflion in their filling up, “ and by that Means, to fix'them fo in his Memory, as tp enable “ him to ftate any Manner of Accompt; in which Ledgers he will “ find, that thofe Lines are figured, which produce the Anfwers,to “ the Queftions, and the Profit, or. Lofs,:to ferve him as a Teft “ whereby towerify his Entries.” ’ Thus far the Author. As my ingenious Author thought proper'to give a compleat'Journal and Ledger to the firji of his Sfuefiions only, and no Journal's to the Ref. of them, hut only blank Ledges-s, as appears by his Preface above . ' 1 have given hereafter, hew and compleat Journals to all of .them, and t-vso compleat Ledgers, • viz. to thefirfi antt fourth Queftions, fitting down the Balances of the fecpnd, third, fifth andfixthgfueftions, in theirrefpeBive Journals:' In order to encourage the young Accomptant, to pop them into their Ledgers according to the Method laiddowii, in the Ledgers of the firft and fourth fiueftions, and when he has . done this, he will fee the ftrifl ConneBion that each Ledger bears to the’fiber, which.will deniohftrate to him the TrutNofall. And as my faidAuthor makes Vfeofa Method, in fating his Queftions viherein the Partners are to be accountable-only, to ■each other for their Shares, slot hitherto exemplified by any other Author that has yet come under my Notice,-'except Mr. John'CIark, his' Co-tem¬ porary and'Rival, and he neither, but in a particular Cafe; I thought I could not do a more acceptable Piece of Service to'the Public, ‘ than to ufe my sitmoft'-Endeavours to preferve the Work, andfingular, ■ though elegant Method offo great'a Man, from Oblivion, as the Book has been'long out of Print, and probably owing to its Obfcurity. In order to which, I have firft ftated the faid Queftions, by a Method intirely new, agreeable to the Laws of Reafon, .and adapted' to the Capacity of all. Secondly, I have fated them by SnelL’* own Method, as noticed.above, that is, v.'hcn each Partner is to be accountable' to each other for his Share. ThirJly, I have ftated them by London’* Method, that is, when each Partner is to be account¬ able to . the whole Company for his Share, which laft Method I havefnewn here (and might be made elfewhere) to agree with the common one, ftep by ftep, by firft journalizing each Sgueftion by London’* Method, and then by the common one, and have deduced the fame Refidt front cither of the clxxii P R E. .E A C E. Methods. And as, feme She/lions., by bpfh Methods are capable of fevered Abridgments, particularly the fourth and fifth Sfueflions in this ColleHion-, I have journalized the faid fiuefiions by both Methods, at full Length, and then have given the Abridgments of them, whereby a Method will beJhenm how to proceed in other Cafes of the like Nature, much better than by a Multitude ofparticular Rules. And whereas my Author was pleafed to give 7 o particular Rules, which he inferted before his Sfucfiions, I have thought it fujficipit.for the Purpofe, to infert only the five following general ones, wilh.a-few Obfer-vations thereon, .efpecially fence I have given fo many in the proceeding T.reatife of Bock-keeping,, which faidfive Rules andOh- fitrvations, 1 have referred to, from the. Journals of all the Quefiions by Snell’* Method, and from the three firfi dhtefiions by London'* Method too. The .Difference of which ■Methods is this, the chief Agent, by Snell’/ Method', 320 00 to himfelf --- - 3 1137 100 Charges by him paid, as per Particulars, amount to — 11 63 Note, E having paid .to B, in Part of his Debt, 300/. proved Bankrupt, and compounded for the remaining 30/ at 5 Shillings in the Pound, which A accordingly received of him, viz. pi. jos.ol. I would know howthe Accompts thereof were, or ought to have been kept by the feveral Partners, fuppofing they all keep their Books according to the Italian Manner, whereby it may appear, what each of the Partners are to pay to, or to receive of each other, and the Gain that each Partner made in this Company defign’d ? Both when each Partner is to be accountable to each other for his 'Share, and when he is to be accountable to the whole Company for his .Share? Question III. Three Merchants, viz., E, F, and G, bought 30 Pipes of Cana¬ ry off/, at 28/ per Pipe, amounting to 840/ of which Sum E paid his own Share, viz. 280/ and 280/ more for his Partner F, upon Confideration. of a third Part of the Profit coming to F, after the Difpofal of the Wines, to be allowed him for the Ule of his Money. G paid his own Share, viz. 280/ And at his other Partner’s Requeft, undertakes to difpofe of the faid Wines for the Company Accompt, which having accordingly done, he gives in the following Accompt thereof, viz. Sold Snell’; fix Queftions. Sold /10 Pipes, at 32 L per Pipe -' for ready Money, 12 Pipes, at 31/.Pipe _ 7 Pipes, valued at 33/. per Pipe And by Misfortune the other Pipe \ Vault falling in - s (laved, the? — 5 01 !i His Charges for Cooperage, Cellarage, &c. amount ? I to, as per his Bill of Particulars - S 7 0 | And his Commiflion, which is to be allowed on Sales, ? , i at I per Cent, amounts to-— <> 94 ° | And now the Goods being all difpofed of, his other Partners defire [ to adjull the Accompt, in Order whereunto they agree as follows, j That G (hall accept of l's Debt to himfelf, his other Partners allowing him 5/. each, and (hall take the 20 Hogflieads of French Wines to his own Accompt, at 1 zl. per Hogfiiead, fo defire to fee the Accompt dated accordingly. Note, E infids, that his Third of F's Profit ought to be taken, as well from the French Wines as Canary, the Profit thereof accru¬ ing to the Company originally from thence, to which F has af- fented. State the Accompt as it ought to have been kept by the fcveral Partners E, F, and G, in their own Ledgers. Both when each Partner is to be accountable to each other for his Share, and when he is to be accountable to the whole Company for his Share. Question IV. fames White , Merchant at London, bought for his own and Ifaac Bimey's Accompt, at Amfierdam, each for one Half, 500 Quarters of Wheat, which cod him 30s. per Quarter, 750/. for the Half of which Sum, he afterwards drew 375/. on his Partner, and having fold 100 Quarters at 32s. per Quarter (the Market falling) he (hipped the remaining 400 Quarters to Ifaac Berucy, his Partner, to difpofe of for their joint Accompt, at Amfierdam, his Charges of Shipping, cfr. amounting to 14/. i;r. 6d. Ifaac Bemey having received the Wheat, advifes that he has fold 100 Quarters, at zi Guilders per Quarter, and paid Charges of Freight, &c. on the whole Parcel, 114 Guilders 15 Stivers. The other 300 Quarters he bartcied againd 200 Eolts of Hol¬ land s Docck, whicn he (hipped to his Partner fames White, in London, having dilburfed 37 Guilders, 15 Stivers Charges thereon. 176 Shell's Jx Quefiions. James White having received the faid Holland's, Doeck, paij Freight, Cuftom, and Charges, 67/. for. and fold the whole p ar . cel to Jacob Lindon, at 3/. Jr. per Piece, for which he received 325/' down, being his own half Share, and agreed with the faid J mt l Lindon, that he lliould pay the Reft to his Partner, Ifaac Berney, at Amfierdam, at the Rate of 36r. 8 d. FlemiJh, per Pound Sterling, which he did accordingly. How ought each of the Partners to enter thefe Tranfadlions in their own Books ? Let -the Exchange be reckoned at 36r. 8d. Flemijh, per Pound Sterling, throughout the whole Queftion, and make all the Entries . neceflary to keep the Accompt regular. Both when each Partner is to be accountable to each other for hi, Share, and when he is to be accountable to the whole Company fi r hi, Share, Question V. Three Merchants, viz. A, B, and C, fent an Adventure to Rom, wherein, though their Shares were not exaflly equal, they agree to be equally concerned in the Stock, and in the Profit or Lofs on tie Whole, viz. each one Third. /. s. i furnilhes his Part thereof inTobacco, viz. 50 Hog-? Q (heads, at 10/. per Hoglhead - $ 1 B furniihed for his Part therein, 30 Hoglheads of Su- } ? ’ o gar, valued by Confentof his other Partners, at — C brought in 30 Bags of Pepper, valued at — 485 0 0 1474 0 0 B, at the Requeft of his other Partners, paid Charges? ]Q o on Shipping the faid Goods, vise. - 5 ' And for Infurance-- - z 8 10 0 Configning them to D theirFaflorthere, who having difpofed of the whole Cargo, and fent an Accompt of the Sales ; it appeared, that (all Charges on the faid Goods, and his Commiflion being dedudi- ed) there was coming to the Partners for the Net Produce thereof, 21808 Livres which valued at 18 d. Sterling, per Urn, makes Sterling, 163;/. I2r. The Partners afterwards fent their joint Orders to veft about 1000 Crowns of their Money in Paper, and toconfign the fame to A for their Accompt in Company; accord- ingly he bought and (hipped 1400 Reams, which by the Invoice thereof (with all Charges on Board, and his Commiflion) camera 1040 Crowns, or 3120 Livres; Sterling, 234/.'and B having Occa- fion to pay 500 Crowns at Rouen, the other Partners gave him their Bill for the faid Sum, at 531 1. Sterling, per French Crown, for which he was to be accountable to the Accompt in Company, viz. Stir- Snell’* fix Queftions. 177 ling, 110I. 8r. 41/. and, withal, they ordered D to remit the Reft of their Money in his own Hands, at the moil: favourable Exchange, which he accordingly did, in a Bill for 5721 Crowns, at 53 j-A Ster¬ ling, per Crown, amounting to, Sterling 127;/. 6s. payable to C, at Ufance, for partable Accompt, referring the Reft, viz. 2; Livres for Brokerage and Charge of the faid Remife; and A having re¬ ceived the .1400 Reams of Paper, paid Cuftom for the fame, 17/. Freight and other incident Charges, 9/. 18*. and fold the Parcel for ready Money, at 3*. 3 d. per Ream, amounting to 367/. 10;. which himfelf received. And now the whole Affair being ended, the three Partners have appointed to meet and bring in their Accompts; it is required to ftate the fame, as it ought to have been done by the feveral Partners A, B, and C, in their own Ledgers, with regard to every particular Tranfaftion throughout the faid Affair ? Beth when each Partner is to be accountable to each other for his Share, and when he is to be accountable to the whole Company for his Share? Question VI. Four Perfons, viz. Edward Montagu, Richard Pou/don, fames Fa¬ re], and Michael Reau, brought feveral Goods into a joint Stock, a- greeing to fell them in Company, and to fhare in the Profit and Lofs upon the Whole, in Proportion to their particular Properties; after which they alfo bought Goods in Company, wherein they were to be concerned each one fourtli Part, and towards Payment for the faid Goods, took up Money at Intereft, for which they were all The Goods brought into Company by the feveral Partners, were as follows, and valued by Confent, viz. 1. s. d. By Edward Montagu, 56 Chefts of Sugar, containing' Net, 301 C. 2 4 L 21 lb. at 4/. 25. per Cent, aba-j ting 8*. if. on the whole Parcel - By Richard Pouldon, 54 Bags of Pepper, containing , 18900 lb. Weight, at lid. perfo. -- 1 By Michael Reau, 34 Pipes of Canary, at 28/. per Pipe By famesVarev, 250 Barrels of Raifins, containing, 412 C. 2 at 44*. per C. - j 1236 10 o 943 o o 952 o o 4041 o o The Goods afterwards bought, wherein the faid Partners were concerned, each one Fourth, were as follows, viz. A i j 8 Shell’s fix Quejlioris. 1: s. d. tfiolh, of Cochineal, at il. ^s. fer ft. — 1200 o o 8S0 Reams of Paper, at 4*. M. per Ream- — 19800 10 Hog 111. of French Wines, at 10/. lOJ./«/ ; Hhd. 105 o o 15 Pipes of Canary, at 28/. /frPipe - 420 00/. s.d. -1923 0 6 5964 o 0 All which Goods were-paid for by Edward Montagu, partly with the Money taken up at Intereft for the Company Accompt, and the Reft'contributed by the Partners, as appears by their feveral Ac- compts hereafter inferted. . And now the Money which they borrowed being repaid, and moft of the Goods fold, they have agreed to dilfolve the Partner- fliip, upon the Conditions hereafter mentioned; in order whereunto, they give in the following Accompts of their Tranfaftions, together yvith the Particulars of Goods remaining, and Debts Handing out. Edward Montagu, makes himfelf Debtor. Received for 18 Chefts Sugar, qt. Net, 9S C. -J' - 454 5 0 Received for 32 Bags Pepper, qt. 11220$. - 608 8 6 Received and borrowed of With. Hill, at 6per Cent. —■ 1000 0 d Received of my Partner, RichardPouldon - 23013 0 Received of Michael Ram - ■- 23015 0 Received of James Varey 230 15 0 Received for 16 Pipes Canary (partable) at 30/. —■ 480 0 0 Received for 10 Pipes more, in Company^ - 296 10 0 Received for 650//. Cochineal, at feveral Prices — 910 0 0 Received for too Barrels Raiftris, qt. 164 C. ■ " - 388 0 o' 4829 8 d ‘ Edward Montagu, makes himfelf Creditor. Paid James King, for the Goods bought of him in A 1923 00 Repaid Will. Hill, the Money borrowed - tooo o 0 Paid for 3 Months Intereft on Ditto —- 15 o d Paid to my Partners, 1 n%. To Richard Pouldon ■ -—— 206 0 0 To Michael Reau - ■■ - 192 O 0 Balance 1311 18 0 • Snj-llV fix ffueftions. 17-9 Richard Pouldon, makes himfelf Debtor. 1. s. d. Received for 3 o-Chefts Sugar, qt. 156 C. i -— 7°4 ' 5 0 Received in Part, dor 31 olh.. Cochineal •Sold William Hunt - . ; “ 3 °° 0 ° •The Reft, "via 160/. to ftand out 6 Months .Receivedfor 18 Pipes Canary (partablc) - 54 ° 0 0 Received for zz-BagsPepper, qt. 7680 lb. -4‘S 10 ° Received of my Parmer, Edward Montagu - 1 200 0 0 . 2I 59 >5 0 , ‘ Richard Pouldon, makes himfelf Creditor. Paid my Partner, Edward Montagu -— 23015 o Paid Michael Reaw ' ' -- -; ' S 00 0 0 Paid James Varey —-- ' 5 °° 0 0 1230 15 'o Balance 929 o 9 2159 15 .0 Michael Reau, makes himfelf Debtor. 1. s. 'd- Received for 150 Barrels Raifins, qt. Net Z48 C. — 620 o o Received for.8 Chefts Sugar, qt. Net 46 C. $ - - 202 o O Received of myPartner, Edward Montagu •-192 .0 o Received of Richard Pouldon - ■ S 00 0 0 1514 o o ' ' Michael‘Reau, makes himfelf Creditor. 1. s. d. Paid my Partner, Edward Montagu .-23015 o 1 Balance 1283 5 o 1514 o o James Varey, makes himfelf Debtor. Received for 500 Reams.Paper, : at $s. per Ream — 125 o o Received of my .Partner, fid-ward Montagu — 187 10 O Received of Richard Pouldon T-- r- :- 500 .0 0 Sold John Dent, 5 Hoglheads of French Wines, at 12 l.J _, . ^rJJoglhead, to pay in 3 Months, .60/. —> S 180 Solution of Snei.lV fix Que[lions, James Varey, makes himfelf Creditor. Paid my Partner, Einuard Montagu - - ■— Paid Charges for Self and Partners, on Goods partable Paid Ditto, on Goods in Company £ - /. r. 230 15 12 i 3 2 s Balance 812 10 0 ‘The Goods remaining unfold, viz. ' l. s'. ‘Che Debts[landing out, vi z. 380 Reams Paper, coll 83 10 1. s . 5 Hoglli. FmitbWmcs 5210 Due from William Hunt 160 0 5 Pipes Canary —— 140 o ' Due from John Dent — 600 _ 278 6 2206 All which Goods remaining, as alfo the Debts Handing out,- . James Varey has agreed with his other Partners to take to his own Accompt, they-allowing him 5/. each, viz. 15/. in Confideration thereof.: . It is required to Hate the Accompt, as it ought to have been done in their feveral Ledgers," purfuant to the faid Agreement, in order to difcover whether their Accompts will agree ? Both when each Partner is to he accountable to each other for his Share, mi. when he is' to he accountable to the whole Company for his Share?.' i ft. f he Solution of SnellV 6 Shteftions, by a Method en¬ tirely hew, agreeable to the Laws of Reafon, and adap- . ted to'the Capacity of all. Question I. In the Hating of each Queftion, I lhall obferve two Methods, viz. when each Partner is to be accountable for each other’s Share, and when' he is to be accountable to the whole Company for his Share. ' ' " ■ . ’ ' /. s.d. 1. s.i f of J’s Inputs is 203 6 8- f of yfs neat Proceeds is 176 o 0 -’-of'A’s Jriputs is 153 6 8 f of P’s neat Proceeds is 238 6 8 f of C’s Inputs is 226134 f of C’s neat Proceeds is 227 6 8 |5ach. Man!s Gaitiis 58 0 8 . 64 1 13 4 641 13 4 J's Solution of Snell’s fix QueJUons. S /. I jfs Tnputs — 610 o‘o A's neat Proceeds | B's Inputs — 460 0 0 B's neat Proceeds j C's Inputs — 680 0 0 j The whole Gain is 175 0 0 C’s neat Proceeds 181 l. s.d. 52800 715 O o 1925 o o 1925 O o /. 1 . d. 1. s. d. /. ^ j = 6 io 6 o 3 = 460 'o o C = 68o o o A's\ 583 6 8 . B's± 583 6 8. ^583 6 ? 26 13 4 123 6 8 . 96 13 4 A has pu t in more than '(B has put in lefs 1C has put in more ' his Share. S than his Share. $ than his Share. And firfi, when each Partner is to be accountable for each other’s Share. . B /. 1 Owes A !§■ of his own neat Proceeds -. 238 6 8 OwesDitto, what he is (hortin Stock . 2613 4 A Owes B | of his own neat Proceeds Therefore A wants of B to Balance 265 p o C Owes A | of his own neat Proceeds 265 o o *77 227 .6 8 Owes Cj of his own neat Proceeds - 176 0 ' ^ Therefore A wants of C to Balance - . ^ r 5 3 227 6 8 a 8z Solution of. Sn.ell’j fix ghieftions. . '/ .' The Accompt fated between ,G andB. ■ B ■ 1. w , Owes C'^ ofhis ownneat'Proceeds - - - 238.6. 8 Owes Ditto, what he is lhort in Stock ' ■ 96 13 ^ 33 S 0 0 . ■ c “77 Owes 'B \ of his own neat Proceeds ‘ -- 227 6.8 Therefore ,C wants of B. to Balance . - .107 13. ^ 335 0 0 iThe next-for what each Partner owes, or wants of the Company, /. r- d. ' /. a B ov/es A : - 89 00 - A wants of B — 8900 owes C ■- 107 '3 4 wants of C — 5-1 6 8 Therefore B owes ? 6 Therefore A wants ? , .' theCoi - S 9 3 4 of the Co. — 5 ' 4 ° 6 8 ^ -- /. s.d. C wants of B — 107 13 4 - owes hi?’ -- 51 6 8 Therefore Cwants ’ of theCo. — J -56. _6 8 Hence it may be obferved, that what A and C want of the Co. is owing by B to the Co. Question II. iofthe prime Coil is 350 o o 1 'Having dedufled 33/."} Each Mah 7 s Gain if "17 17 9 for Charges/' . /. s.l .... .. jind Abatement from\ 367 17 9 the GrofsSales; | off ' ^- the remaining heat\-- : : : 7 367'17 9 Proceeds is - 367 17 9 TheprirrieCofl is 1050 00 The neat Proceeds 1103 133 The whole’Gain is 53 13 3 1103 13 3 1103 13 3 Firil when eachPartner is to be'acconntable for each other’sShare. Hi Solution of Smth’s'Jix 'Queftions. 183 ' The Accompt fated between A, B, and C. : B- L s. d. Owes A -J of the neat proceeds in his hands — 36/ 17 9 A Owes B the Debt received' of E - — Owes ditto, what ditto has advanced for him - Therefore A wants of B to Balance -■ /. 1. d. 7 10 0 60 0 0 300 7 9 367 17 9 B‘ Owes C -i of the Neat proceeds in his Hands' — 1 . s77. 367 17 9 C Owes 5 for Wheat - —-- - Therefore C wants of A to Balance - 1. i. d. 32s 0. 0 4 2 , 7 9 367 17 9 The Accompt fated between A, and C. A l. s .d. Owes C what ditto has advanced for him - 90 06 The next for what each Partner owes or wants of the Company. /. s.d. B owes A - 300 7 9 owes C — 4 2 . 1 7 9 Therefore B owes the ^ 6 /. r. d. C wants of B — 42179 wants of A - 90 o o Therefore C wants of ? the Co. - $' 3 * '7 9 1 . s. a. A wants of B — 300 7 9 owes C -r- .90 o 0 Therefore^ wants ? of Co. - l 210 7 9 Hence it may be obferved (as in the laftQuellion) that'what A and C wants of the Co. the fame is owing to the Co. by B. ■ Question /. u - 840 o o — 74 17 6 184 Solution of Snell’s fix gueftions. Question III. /. s.d £ Of the prime Colt is 280 o o Having deducted"] Eack Man’s Gainis 24 19 2 17/. 21. 6 d. fori Charges and Com- | • million from the L304 in 2 Grofs Sales ; 4 of I theremainingNeat | •——- Proceeds is J — - 3°4 19 2 3°4 >9 2 l- s.d. ~T7i The Neat Proceeds 914 17 $ 9 1 4 *7 6 914 17 d J Part of each Man’s Gain is 8/. 6 s. 4^. •§ pirft when each Partner is to be accountable for each other’s Share, The Accompt ftated between G, F, and E. G l. s.i Owes F f- of the Neat Proceeds in his Hands — 304 19 2 r~u s 00 299 19 2 3°4 '9 2 /. s.i 3°4 <9 2 /. s.i ; 00 2 9 9 >9 2 304 19 2 Owes E § of the Neat Proceeds in his Hands — Owes G what he allows him by Agreement —— Therefore E wants of G to Balance - - The Accompt ftated between E, and F. F l. S.i Owes E for his whole Share paid by him — - 280 0 0 OwesdittOyPartofhisownGaininConfiderationthereof 8 6 ,ff Therefore E wants of F to Balance — — 288 6 4-| The Solution c/Snell'j fix Queftions. ‘ • 1.S5 ' The next for what each Partner owes, or wants of the Company. /. s.d. 1. s. d.' G owes-F — — 299 19 2• F wants of G —‘ 299 19 z owes E — 1 — Z99 19 z owes!? - 288 6 4f ThereforeG owes the? .0 . Therefore F wants ? r Co. - — 3 599 18 4 oftheCo.- 5 n 12 9 r /.s.d. . E wants of G — 299192 Here obferve alfo, that what G wants o (F — 288 6 4! owes the Co. is equal to , -— * what F and E wants of the Therefore E wants? S o r r,i Co. as obferved in the two of the Co. — S 5 5 T laft Queftions. Question IV. As Part of this Wheat is fold by one of the Partners, in a foreign country, for foreign Coin, it will not be amifs here, to (hew the Calculation and Reduftion pf it into Sterling Money as follows. Gs. St. P. 100 Qrs. at 22 Guilders, amounts to — - 2200 o o Gs. St. Ifaac Berney pays Charges on the Whole — 114 15 ? Ditto pays ditto on the Holland Died 37 15 5 I $ z 10 0 The Net Proceeds in his Hands -- -- 2047 10 o Which being dividetl by 6, becaufe 6 Guilders, makes one Pound Flemijh, there will arife 341/. $s. o d. Flemijh Money. Then by the Rule of Proportion, fay As 361. 8 d. : 20 s. : : 341/. 5 s. : 3722 s. 9 d. Sterling near or 186/. 2s, ad. but to agree with the Queftion let us call it 186/. is. tod. i Of the prime ? . coll is — 5 ^ Each Man’s ) „ Gain is - $ 21 s.d. 8 l. s. d. Having dedufted 82/. ci. "N 6d. for James White's/ ■ Charges, from his Grofs V 363 17 3 ' Sales i pf the Net Pro-C ■ ' ceeds is — — J Having dedufted 152 gs. Vcsfi.. tor Ifaac Berney 's / Charges, from his Grofs >93 1 ; Sales i of the Net Pro- C ceeds is Sterling — J 456 tS 8 Bb 436 18 8 The iS 6 Solution cf Sti-ELt’s Jix Quejlms,! I..*.*.-, L ,. d . The prime Coll: is 750 o 0 James White’s Net? The whole Gain is 163 17 4 Proceeds.-6 Ifaac Berney 's Net? e , proceeds - — 5.° 2 10 913 .17 4 • 9*3 17 4 Firft when eacli Partner is to be accountable for each other’s Share, James White /. s . d . Owes Ifaac Berney £ of his own Receipts ■ 80 0 0 Isaac Berney I. s.d. Owes James White •§ of the Charges paid by dittd White! . on the Wheat - —- - S' . ? Owes ditto | of the Charges paid by ditto White on the ? Holland Doeck .- -- S 33 5 ° Therefore Ifaac Berney wants of ditto While in Sterling! „ ■ Money to Balance -- -: $ 3 ' 7 3 Isaac Berney Gs. St. P. Owes James White •§• of his own Receipts 1100 00: James White Gs. St. P. Owes Ifaac Berney 4 of the Charges? _ paid by ditto Berney on the Wheat S *7 7 Owes ditto of the Charges paid by? a s ditto lS. on the Holland Doeck 5 ^ Therefore James White wants of Ifaac^ ___ in Money, to balance ^ 3 * /. s.d. 1. s. d. . 5 44 1 '4 3 : 93 15 The next for what each Panne* owes, or wan its of the Compaity. ' Jam: es 'WhIte 1, s.d. Owes Ifaac Berney ' —-A.- . -- — 38 17 3 Wants of Ifaac Berney ■ ■ - 93 1 5 Therefore James White w ants of the Company - 54 4 2 Isaac Solution of Snell’; fix Queftions. Isaac Berney Owes James White —>-- - - • Wants of James White -— " ’ 187 Therefore Ifaac Berney owes (he Company / 54 4 2 By the firjl Method /. s■ d. •'fames White wanted of Ifaac Berney - -- 93 1 S Owed Ifaac Berney -- ’ --- 3^ *7 3 Therefore James White Hill wants of faac Berney - 54 4 2 Confequently the two Methods agree in this Cafe. • " ' /. a Of ^’/Inputs is 1 65 § Of B’s Inputs is 163 a Of CV Inputs is 161 a Of B's Charges is 22 Each Man’s true 7 6z Gain is- — 5 Question V. s.d. 13 4 Having deduced 26/. '' 00 i8r. for A's Charges/ 13 4 from his Grofs Sales > 90 f of his Net Proceeds \ i Of B's Bill is - a Of Cs Bill is ■ - 36 16 1 575 8 9 i 575 8 9f l. s. d. 4's Inputs — 500 ’ o o B's Inputs — 489 o o Cs Inputs. — 485 o o B’s Charge? — 66 op The whole Gain is 186 64 l. s. d. A's Net Proceeds — 340 12 o JShBillis - no 84 Cs Bill is —— 1273 60 1726 6 4 1726 6 4 l. s.d. /. r. A — 500 00 B — 489 0 A's\ifii 6 8 B’s 1 491 6 l. s. d. C = 4 8s o i' 49 1 6 8 13 4 6 8 6 6 8 A has put in more than I B has pur in lefs I C has put in lefs his Share. | than his Share. | 'than his Share. Firft, when each Partner is to be' accountable for each other’s Share. B b 2 The i88 Solution of Snell's fix guefiions. , 'lhe Accompt fiated between A, B, and C. Owes 5 4 of his own net Proceeds Owes Ditto y of the Charges paid by B /• s.l »3 io 8 ■ H 6 o js Owes A, what he is Ihort in Stock Owes Ditto, y of his own Receipts Therefore B wants of J to Balance >35 io 8 l. s. d. z 6 8 36 16 ji 9 6 7 »oJ Owes Asvfizt he is Ihort in Stock Owes Ditto y of his own Receipts Owes C of his own net Proceeds Therefore A wants of C to Balance >35 10 8 /. r. d. 6 6 8 425 2 0 43 i 8 8 /. :.J. 113 10 8 31718 0 43 i 8 8 - • - The Accompt fiated between B and C. C L- > J Owes Sf of his own Receipts . -. __ . A. ' ' Owes Ditto | of the Charges paid by B _ -22 0 0 Owes C 4 of his own Receipts Therefore B wants of C to Balance 447 2 q .V. A. d: 36 16 If 410 3 1of r 447 20 1 he next for ' vhat each Partn er owes, or wants of the Company. 1. s. d. j j .A owes - 96 7 ioi Cowes B — 4 , 0 r iof wants ox C - 317 .8 o owes A - 327 ,8 o* Therefore A wants 7 * ; o/the Co. — i . 1 Therefore C owes ? „ ■ J . theCo. — 5728 3 'Of B wants ■Solution 0/Snell’s fix Quefiions, B wants ofJ —‘ 96 ; wants of C —'410' ■ T STc 8 .“}^ 7 io|: Here it may be obferved, as it 5 ioi has been before, that what _ 1 is owing to the Co. by C, . is wanted by A and B from 3 9 s the Co. Question VI. Before this Queftion can be properly ftated, it is neceflary to make the following Calculations, •via. ^ ^ Edward Montagu, putsin 56 Chelts ofSugar, valued? , jQ p at, as Accompt-' - , ,J . RichardPouldon, puts in 54 Bags of Pepper, valued? Q Q at, as -per Accompt - 3 Michael Reau, puts in 30 Pipes of Canary, valued at, ? o @ as per Accompt - —— 5 JaniesVarey, puts in 250 Barrels of Raifms, valued? IQ Q at, as per Accompt - - -- 5 The firft Part of their Stock ■ ■■■— 4 ° 4 ! ° 0 l. s. d. James Varey, pays Charges on this Accompt, as per") 2 r his Accompt . - —— 5 ^ ^ Edward Montagu, has received upon this Accompt,? Q as per his Accompt .■ ' :- 5 3 Richard Pouldon, has received upon this Accompt, as ? q prrhis Accompt - - - S - Michael Reau, has received upon this Accompt, as? g 22 q per his Accompt - - $. The whole Returns of this iftPartof their Stock — 4412 g o l. s. d. The whole Returns ——• - 4412 8 o The Stock and Charges - -- 4053 13 0 The Gain, by this Part of their Stock, is ■ ■ - 358 13 o Then by the Rule of Fellowlhip fay, . /. l.-s. 1. s. /. s, d. As 4041 : 1930 13 :: 1236 10 : 390 15 for Ed. Montagu. :: 94; o: 451 9'95: for Rd. Pouldon. :: 952 o: 454 16 7 4 for Mich. Reau. :: 907 10: 433 It for James Varey. The Proof 1930 13 .190 , Solution of Snell’s fix ghiejtions, L 1. s. 1. s. 1. i. d. As 4041 : 1659 15 :: 1236 10 : 507 17 3^ for Edw. Mcntatu :: 945 o : 388 29 for Rd. Pouldon., ~ 95 z 0: 39 1 9 3 for Mich. Reau. . 997 10: 372 14 Hfrrjaa/esrmr. The Proof —- 1659 15 o • • •- /. /. r. /. r. /. s.‘ d. As 4641: 822 Q':: 1236 10:251 10 5I for Edward-Mcutagn. :: 945 0:192 4 6'- for Richard Pauldon. :: 95 2 0:193 13 0% for Michael Reau. :: 907 10 : 184 11, ji* for.James Vart}. The Proof ...—>- 822 , o o Thenext for their Shares of the Charges. • /. /. r. /. s. 1. s. d. . As 4041 : 12 13 :: 1236 10 : 3 17 5 for EdwardMantagp. :: 945 o: 2 19 2 for Richard P addon. :: 952 o : - 219 7- for Michael Reau. :: 907 10: 2 16 9I for James Vary. The. Proof - 12 13 o Edward-Montagu. His Stock part-? I' His Shares of Returns^ able is— V ^ 100 by this Part of. the > His Share of ? ' „ Stock — J Charges is_ 5 3 *7 S Therefore his ^ Stock is — ' His f of fundry ) Goods. theC His \ of his own Re- ? other Part off 4 5 ceipts _ 5 ■ their Stock is ) His^ofhisown ? ~ _ His' £ 0 f Richard ? Charges is—\ 3 5 Pouldon's - — 5 His|of>.r «-0 try's Charges > o 11 3 His of James Varey's His Allowance? to Jaw. Ph«y $ •Therefore his ^ Gain by this f Part of theT Stock is — J 590 15 i| 507 17 31 251 10 S { 301 12 6 75 0 0 1 55 J 5 9 1882 10 4$ Solution of Snei i’s fix gtieftions. Richard Pouidon. I57‘ 17 Solution of SneelV fix ' Quejlions; . James Varey. *6 9% m “ His Share of? Charges is— 5 Therefore hisO Gain by thisf , T , 3 Part of the> 8 ° " ^ Stock is — j His 4 of fundry ) Goods theC , , other Part of( ^ ^ the Stock is ’.d /. /. dr His Shares of Re -3 433 n -i turns by this Part £• 372 i 4 g| of the Stock— 3 j 84 n jit msiom.Mon- His | of Ed. Monta- 'I . gtfs Receipts-j 3 His ' of Rd Pout- I ., , -4 .&/. Pout- ? 3 J 5 ° ^>3 _ j 75 o : 3 His j of his own is 155 1 j , His Allowance from C 15 o < The lit Part of the! Stock as before fet? 4041 0,0 down is —— J The Charges on this? Part - 5 J The whole Gain is — 358 15 o EdMontagubuysfan- i dry Goods, each >1923 00 to have £ — j His own Charges on ? this Part — 5 ; , 3 . 0 0 Ja. Farcy's Charges 2 to The whole Gain on^ ^ 62 6 3 histhreePartnersis. S ' 153*8 S V. 1. s. d The Returns as J d. before fet down 2 8 -° A 1 !/. Montagu has 7 received for this V1206 10 0 Part of Stock 3 .ft/. Pouldon for? Ditto — 5 3 °°. 00 Ja. Vmy for Ditto 623 0 0 this Part 5 0 6541 18 o Firft, when each Partner i: Share. 6541 18 0 0 be accountable for each other’s 193 Solution of Snell’s fix QueftionS. The Jccompt fated between Edward Montagu, Richard Pouldon, Michael Reau, and James Varey. Richard Pouldon l. i. d. Owes Edward Montagu, his proportional Share of IBs 9 , own Receipts - -- 5 ^ ^ Owes DiLto, his J Share of Ditto --— 75 0 3 Owes Ditto, his j Share of Int. paid by Ditto Montagu 3150 Owes Ditto, his £ Share of Stock in Fourths - 480 15 o ■ Owes Ditto, what he received of him in Ca(h - 200 o o Edward'Montagu Owes Richard Pouldon, his proportional Share of his'^ own Receipts --—■ —— Owes Ditto, his ~ Share of Ditto — Owes Ditto, what he has received of him in ts of Richard Pouldon ^ Owes Ditto, his - Share of Ditto -- Owes Ditto, what he has received of him in Cafli ~ Owes Edward Mont, own Receipts Michael Reau %u, his proportional Share of his / Owes Ditto, his -j-Share of Stock in Fourths — Owes Ditto, what lie has received of him in Calh — Therefore Michael Reau, wants of Edward Montagu to ^ Balance 1267 7 3k /. s. d. ; 4 si 9 9i 301 12 6 230 15 0 ■ 283 10 o£ 1267 7 3% /. s. d. 454 16 7! 3OI 12 6 2JO 15 0 987 4 Iw /. s. d. 2 5 I 10 5'- - 3 ij 0 480 15 0 192 0 0 59 3 194 Solution of Snell’j fix Quefions. Edward; Montagu I- s. I Owes James Varey, his proportional Share of his own? Receipts --. — —> ^433 n Jj Owes Ditto, his 5 Share of Ditto-301 126 Owes Ditto, his proportional Share of Charges paid by ? Ditto Varey - - ' - - $ 3 *7 5 Owes Ditto, hisShare of Ditto —> — ° n 3 Owes Ditto, what he has received of him in Caih — 230 13 0 ' Owes Ditto, what he allows per Agreement — ' 5 00 James Varey 975 7 7 + Owes Edward Montagu, his 4 Share of his own Re- ? ceipts,' £ 34 . . _ + _ _ 5*55 >5 0 Owes Ditto, his % Share of Intereft paid by Ditto Men-^ Owes Ditto, his | Share of Stock in Fourths — ' 480 130 Owes Ditto, what he has received of him in Ca(h — 187100 Therefore James Varey, wants of Edward Montagu to ? t Balance — — — ^ 47 2 7 + 975 7 7 |- Pb e-Ac comp fated between Richard Pouldon, Michael • Reau, and James Varey. Michael Reau l. s. I Owes Richard Pouldon, his proportional Share of his? , ,, own Receipts —Ll - $' 9 2 4 Owes Ditto, what he has received of him in Cafh — 500 00 692 4 65 Richard Pouldon ■ ■ l. s. I Owes Michael Reau, his proportional Share of his own? Receipts .— —, — £ 39 * 0 3 Owes Ditto, his 4 Share of Ditto -75 0 0 Therefor & Richard Pouldon, wants of Michael Reau to ? t Balance - — - k 2 * 6 4 3 * 692 4 Jamts Solution of Snell's fix Q'ueftions . ' 195 James Varey y ^ Owes 'Richard Pout dan, his Share of his own Receipts 155 1 5 0 Owes Ditto, what he has received of him in Calh— joo o o 6 ?S »5 0 Owes JamesVarty, his proportional Share of his own? gs. Receipts ■-■- _ - $ 6 * Owes Ditto, his i Share of Ditto- 75 0 0 Owes Ditto, what he allows per Agreement — 'coo Owes Ditto, his proportional Shareof Charges paid ? by Ditto Varey - -- 5 Owes Ditto, his i Share of Charges paid by Ditto — Therefore RichardPouldon, wants- of James Varey t0 | ]( t 19 6 55 if 0 'the Accompt Jlated between Michael Reau and James Varey. Michael Reau. Owes James Varey, his proportional Shareofhis own ? ^ ^ Owes Ditto, his proportional Shareof Charges paid? - _ , by Ditto Varey . -—~— • — - -— 5 9 7+ Owes Ditto, his \ Share of Ditto, paid by Ditto Vtrey o n 3 Owes Ditto, what he allows by Agreement; - 500 193 2 10 James Varey l. s. d. Owes Michael Reau, his -j Share of his own Receipts — 155 15 o Therefore James Varey, wants of Michael Reau to Balance 37 7 10 • . 193 2 10 The next for what each Partner owes‘or wants of the Company. L s. d. 1. s. d RichardPouldon, wants of Michael Reau — 2264 3'i? , „ of James Varey — 199 9 IojJ ^ “ owes Edward Montagu —=- 283 10 cj Therefore Richard Pouldon, wants of the Company — lit '4 ij C c 2 ' Ed- j96 Solution of Smell’j fix Queftions. 1. s . t Edward Montagu, wants of Richard Pouldim —— 283 10 1 /. s. d. owes Michael Reau — eg 3 84 ? , . Therefore Edward Montagu, wants of the Company — 76 13 8 '.1 . s. d. 1. s. I Michael Reau, owes Richard Pouldon — 2264 3 4 ) , owes fames Varey -• 37 7 16 i 3 12 1 wants of Edward Montagu ■ ■■ ■ jg 38 Therefore Michael Reau, owes the Company —— 204 8 5 ts of Edward Montagu 147 12 7j^ , of Michael Reau — 37 7 10 5 ’ Therefore James Varey, Here it may be obferved, as it has been already done, that what is owing to the Company, by Michael Reau and James Varey, is wanted of the Company by Edward Montagu and Richard Pouldon. " Let the Learner here obferve, with Regard to the fix foregoing Queftions, that each Man’s Share, as there fet down, is peculiarly adapted to Snell's Method; according to which Method, the ill Set o'f Journals of the faid fix Queftions, hereafter following, is.compo. fed. But inafmucH as it is a common,Pra£lice, with the Moderns, to keep an Accompt both' of the Charges, and of the grofs Sales, and is hereafter to be ufed in the two contradled Journals of the be- fore cited fut Queftions; it is here neceflary to add the following Alterations of what is already laid down, in order to corroborate the Truth'of the laft Journals. Question 2d. Question 3d. I. s. d. 1. s.d. The Net Proceeds—1103 13 3 The Net Proceeds — 914 17 6 To which add the? , To which add the? „ r . Charges -u ■ $ 33 16 9 charges __ _ £ 1726 The Grofs Sales 1137 10 o The Grofs Sales — 932 00 of which is each ? Man’s true Share 3 379 3 4 /. s.d. of which is each ? , Man’strueShare r S 3 • ■, • ' ' Question Solution of Snell’; fix QueJlkns. . 197 Question 4th. Question 5th. , l. s. d. 1. i. 70,its White's Net? „„„ ,, r The Net Proceeds—1726 64 J proceeds — V 7 4 To which add the ? 2 g lg Q To which add his > Charges — S Charges - ^ 8z S 6 As alfo what is loft > JfiacBinsefs Net)> jg6 a IQ by Exchange —5 5 ‘ Proceeds — 5 - To which add his O The Grofs Sales — 1769 20 The Grofs Sales — 999 1 •j of which is each ^ Man’s true Share 5 • Question 6th. Deduft 15/. (James Varey, his Allowance from the Company) from 1538/. 51. 7 d. 4-, and you will have 1523/. yd. i his true Share in the Company; as for his other Partners Shares, they are as there fet down. Observation. I need not fugged to the Intelligent, that after the foregoing Method, any other Quedions in Co. Accompts maybe dated, and even by any common Tradefman, or Perfon unacquainted there¬ with, fince the Method will be found to be general in all Cafes, when the fame is thoroughly confidered. 2d. SnEli/s igS Rules for journalizing's^^ ilsftx ghieftions. 2d. Snell’s fix Queftions journalized by a Partner Agent, who is to be accountable only for his own Share of the outftanding Debts, and by each of his Partners to anfwer him, that is, when they are to be .accountable to each other for their Shares, ac¬ cording to Snell’s own Plan. But before I proceed to the Journals themfelves, I lhall here lay down the following general Rules, which will very much affift the Learner in mating his Journal Entries. Rules for keeping Co. Accompts amongft one’s own private Affairs, without a particular Accompt in Co. for each Partner, both when each Partner is to be accountable to each other for his Share, and when he is to be accountable to the whole Co. for his Share. The chief Agent in the iff Method, I call a Partner Agent, and in the 2d, a Partner Truftee. lit. THEN a Partner who is not the chief Agent, or Mana- W g er > finds own Share, or any Part thereof, he mult make Goods in the Hands of his afting Partner, or his Accompt in Co. with Ditto, or the Voyage, or Adventure in Co. with Ditto, or any other Title that he may pleafe to give it, Dr; and Calh, or the Goods, &c. that he furnilhes for his Share, or the neutral j?er- fon of whom bought, if on Trull, Cr; and when his afting Partner fends or delivers to him his Share of the Net Proceeds, or any Part thereof, he mull make Calh, of the Goods, fsV. fo received, (or his afting Partner, provided he keeps the Net Proceeds of the Sale in his Hands) Dr, and Goods in the Hands of his afting Partner, or his Accompt in Co. with Ditto, or the Voyage, or Adventure in Co. with Ditto (according as he has titled his Accompt) Cr. 2d. But when the afting Partner finds both their Shares, or his own Share, and Tart of his Partners, then he who is no Agent, mult Rules for journalizing Snell’.? fix Queftions. 199 make Goods in the Hands of his adling Partner, or his Accompt in Co. with Ditto, or the Voyage, or Adventure in Co. with Ditto, as the Cafe may require, Dr, and adling Partner Cr for the fame; and when he pays his adling Partner, he mud make adling Part¬ ner Dr, and the Accompt that pays him Cr for the fame. For dating the Returns, fee the ill Cafe above. Obferve that an Agent may make Ufe of the til or 2d Rule laid down above, when he himfelf finds his own Share only, or when his Partner finds both their Shares. Method j Jl. 3d. But when a Partner adts as an Agent, and finds his other Partner his Share, or any Part thereof, as well as his own, which lie may either take out of his Warehoufe, or purchafe it of another, in either Cafe he mull make his Partner, for his Share, dsV. and Goods in Company, or the Voyage, or Adventure in Co. for his own Share, Drs, and the Accompt, or Accompts from whence the Goods do arife, whether perfonal or real, Crs, or thus: Method id. He mull make Goods in Co. or the Voyage, or Adventure in Co. Dr for the whole Amount, and the Accompt, or Accompts from whence they arife, whether perfonal or real, Crs, and in ano¬ ther Entrance, he mull make Partner Dr* and the Goods in Co. or the Voyage or Adventure in Co. Cr for his Share herein. On the other Hand, in either Method, when the faid Goods are fold, he mull make the Perfon or Perfons to whom fold,' if fold on Credit, or the Thing which is received in Lieu thereof Dr for the whole Amount, and Goods in Company, or the Voyage or Adventure in Co. Cr for the fame; and then he mull clofe the faid Goods, Voyage or Adventure in Co. thus; after having made it Dr for all the Charges he has been at thereon, and his Commifiion and A- batements if any, he mull make the fame Goods, Voyage, or Ad¬ venture in Co. Dr for his Partner’s Share of. the. Net Proceeds, and his Partner Cr for the fame; or thus, hc.may make his Partner Dr- for his Share of the Charges, Commifiion, and Abatements, and then make him Cr for his Share of the Grofs Sales, and in either Cafe he will have the fame Relult. ' ■ Observations. ill. Obferve that it would be fomething (horter for the Agent to debit the Perfon or Perfons to whom the Goods are fold, or the Thing received in Lieu of them, to Sundries, viz. to his Partner for his Share, and to Goods in Co. for his own Share. 2d. Ob- 200 Rules for journalizing SnellV fix fiuejiions. ad. Obferve further, that if it be a Voyage or Adventure in Co. then let him debit Faftor our Accompt to Sundries for the Net Proceeds in his Hands, r.my. Share hereof. :To ^; .i46/ri!3r. 4i/; /.•rhis Share hereof. To C, i46h.agr. 4(/:.y«rhisSharehere6f; (By- Rule.zd.)) :,;9tH. Trade in ;Co.. isfe. Dr to Sundries, vi^A'ps. id. viz. 'To l A,-*z$l. 13J. 4 d. per fomuch as I am ihort itvStoefc to him made good. i ,.,To 1 CV.96f-.i:3r..4h::yfnfo much as I am Ihortiti-Ditto to him made good. See the following Ledger. . -. .: Jo.u r.’n:a l. 1 ; (PvULB I.) B Dr to. Trade in. Co. -with A, B, and Self,; eaph f, 91/. 1-31.-43 4 265 00 c To Trade in Co. per my Share of his Net Proceeds To Ditto, per Ditto -- —-- To Balance, per due to him - — 132 95 107 68 '34 335 ° Profit and Lofs To Balance, per fo much gained by Trade 58 6 Balance ToCafh, per fo much on Hand 2550 b Ws L' E' D G E R. Per Contra :: ■■■"■'' '• ' Cr\ By: Ca(h, per my Sharebf my own Receipts — By C, per my Share of Net Proceeds made by him — By* A, permy Share of Net Proceeds made by him — By C, per my Share of Net Proceeds made by him — By; A, per my Share of Net Proceeds made by him — Byj Galh, per my Share of my own Receipts -- Pf Centra By'Trade in Co. per fo much advanced by me — By Ditto, /irBitto — 1 - *-=—;-• By Balance ,'per fo much on Hand •—:—■—■ Per Contra By Caflt, per his Share of my Receipts -- By Ditto, per Ditto’ • ■ ■ ■ i——— By Trade in Co. per fo much asl am ihortiuStocktoi PerContra By jCafli, per his Share of my Receipts ■- By Ditto, per Ditto - - -- Per Contra By Trade in Co. per gained by that Ac.compt - Per Contra By A, per due to him — -r- By C, per due to him — — ■- - ■ By Profit and Lofs, per fo much gained by Trade - £■ u d. 9 * *3 4 - 132 73 68 95 68 *3 4 146 *3 4 641 *3 + 200 00 260 op 255 00 7*5 9 * ?3 4 146 >34 , *3 4 265 -r 9 1 * 3,4 j 4 6 *3 4 9 . 6 *34 335 00 58 68 89 107 *34 58 68 255 zoS C’s :L E. i> G E R. Trade'in Co. with A, B, and Self, each 4 Dr £■ j. To Caih, per fo much advanced by me - 280 00 To Ditto, /fr Ditto ; - r- 400 00 To Profit and Lofs, per gained by this Accompt — 58 68 738 68 Cafh. To Sundries, as per Journal - ~ 1 — To Ditto, per Ditto ——— -- 00 286 00 682 00 — — ■ • A To Trade in Co. penny Share of his Net Proceeds — .73 68 To Ditto, per Ditto ; —-— — ; - 102 >3 4 To Balance, per due to him ■ - S 1 227 68 li! 1 B To Trade in Co. per my Share of his Net Proceeds — 9 I 'i 3 4 To Ditto, per Ditto .— 1 — , 146 !*3 4 To Ditto, per fo much as he is ihort in Stock to me — 96 33 S *3 4 oO Profit and Lofs 58 To Balance, per fo much gained by Trade — 68 Balance To Cafh, per fo much on Hand --- 2 00 To B, per due to me — •- 107 ic 9 >34 >34 CV LED G E R. ,209 Per Contra. ' Ct £■ i. By B, per my Share of Net Proceeds made by him —. 9 ‘ ‘3 By Ca(h, per my Share of my own Receipts -. 132 By A, fer my Share of Net Proceeds made by him — 73 68 By Cadi, per my Share of my own Receipts -. 95 68 By A, per my Share of Net Proceeds made by him — IOZ 134 By B, per my Share of Net Proceeds made by him _ I46 134 By Ditto, /rrfomuch as he is ihort in Stock tome — '96 134 738 68 Per Contra By Trade in Co. per fo much advanced by me — 280 00 By Ditto, per Ditto --- 4OO 00 By Balance, fer fo much on Hand - 2 00 682 ^0 Per Contra By Calh, per his Share of my Receipts — IJ 2 00 By Ditto, per Ditto —- ■- 95 6 8 227 68 Per Contra By Ca(h, per his Share'of my Receipts —r ‘ 3 2 do By Ditto, per Ditto - - -- 95 68 By Balance, per due to me - -- ‘34 335 00 Per Contra By Trade in Co. per gained by that Accompt - 58 68 Per Contra By A, per due to him - - ji 68 By Profit and Lofs, per fo much gained by Trade — 58 68 ‘34 E e 2i o Rules for journalizing Snell’j fix Shiejlions. Question 2 d. B's Journal. (Rule I.) ift. Wheat in Co. with A, C, and Self, under my Direction, Dr to D, 350 1 . per my j of 700 Quarters bought of him. zd. Sun¬ dries Drs to Cafh, 410/. viz. D 350/. per. paid zoo/. attheDe- livery of the faid Wheat, and 150/. more afterwards. A, 60 i. per paid fo much for him to Ditto. (Rule 3d. Method zd’.) 3d. Sun¬ dries Drs to Wheat in Co. &c. 1137/.- ior. viz. E, 330/. per fold hi.ip zoo Qrs.. at 33L Cafh, i6z/. ior. per received for 100 Qrs.. at 32L 6 d. C, 3Z5/. per fold him zoo Qrs. at Ditto, Wheat proper 320/. per zoo Qrs. taken to Self, at 32;. (Rule 3d. Method zd.) 4th. Wheat in Co. bfc. Dr'to Cafh, it l. 6r. tjd. per paid Charges thereon, as per. Bill. (Rule 3d. Method zd.) 5th. Sundries Drs to E, 330/. viz. Wheat in Co. &c. 22/. ior. per fo much abated him. A, 7/. 1 or. per fo much as he has received of him. Cafh, 300/. per fo much as I have received of Ditto. ‘ Thus far from the Queftion, the next from the Ledger. (Rule III. Method IX.)'. Having debited Wheat in Co .13 c. to Sundries, 75 3/. i.3r. 3 d. viz. to A, 367A i7r. g d. per his of Net Proceeds; to C, 367/. 17r. 9/. per his 4 of Ditto; to Profit and Lofs, 17/. lys. 91 i. per my Gain hereon; and having colledted the Articles compoftng the Balance, theii it will Hand thus: Dr. Balance . Cr I. r. d. 1 . r. d. T6 Cafh, perlo much? „ ’ By^/rrduetohim—300 79 on Hand - ^ 4 a 3 By C,perdue to him— 42 17 9 To Wheat proper, per j _ By Profit and Lofs,? its Value —— ^ ^ , per gained — 7 7 9 . - . 3613-3 . 3 61 3 3 11 Al’s Journal. i ('Rules I. and II.) ill, Wheat for my Accompt, under the Direftion of B, Dr to Sundries, 350/. viz. to Cafh, zoo/, per paid, 200/. towards my j at the .Delivery ; to B, 60/. per fo much as he has advanced for me; to C, 90/. per fo much as he has advanced for me. 2d. Cafh Dr to B, 7/. ior. per fo much as I have received of E, on his Accompt. -Rules, for journalizing Snell’s fix Queftions. a 1 1 (Rule ill.) 3d. B Dr to Wheat for my Accompt, under his Di- reflion, 367/; ’17/." gi. per my y of Net Proceeds made by him. Thus far from the Queftion, the next from the Ledger. Wheat' for my Accompt, {jf c. being debited to Profit' and Lofs for my Gain, and the Articles compofing the Balance properly col- lefted, then it wrlj-ftand thus: Dr To B, per due to m ■ Balance s. d. Cr T —300 7 9 By C, per due to him— By Cadi, per out of 0 Pocket, or Stock £192 10 o rather at firft — 3 : By Profit and Lofs, 3 per gained — 5 ^ ^ ^ ■ 3=o 7 9 C’s Journal.' (Rule I.) , . ill. Wheat for my Accompt, under the Direftion of B, Dr to 'Caih, 350/. per paid, fo much for my f at the Delivery.' 2d. -A, Dr to Ditto, 90 i. per. fo much advanced for him. 3d. Wheat pro¬ per, Dr to B, $ijl..per 200 Qrs. bought of him, at 3,2 s. 6d. (Rule tft.) 4th. B, Dr to Wheat for my Accompt, under-his Direflion, 267/. 17 s. 9 i. per my f of Net Proceeds made by him. Thus far from the Queftion, the next from the Ledger. -. \ Wheat from my Accompt, fifr. being debited to Profit and Lofs for iny Gain, and the Articles compofing the Balance properly.coL Iefle’d, then if ivill ftand thus: Dr ■ Balance Cr l. s.l 1. r. 'l ToJ,perduetome — 42 17 9 By Ca(h, per out of } Toy 7 , perdue to me— 90 o o Pocket, or Stock>440 o o To Wheat proper,? rather at firft — 3 per its Value — J 3 " 5 By Profit and Lofs, 2 per gained — 5/79 457 >7 9 457 *7 9 Ques- E e z 2 12 Rules for journalizing Sne'l l’s fix Shieftions. (Question 3d. G’s Journal. (Observation to Rule I. and II.) N 1 ft. Canary in Co. with E, F, and Self, under my Direftion, Dr to Calh, 280/. per to much advanced by me, as. my of 30 Pipes. (Rule 3d. Method 2d.) 2d. Sundries Drs to Canary in Co. &c. 923/. *. 1, 320/. per fold him 10 Pipes, at 32/. Calh, 372/. per fo much received for 12 Pipes, at 31 1. French Wines, 231/. per 20 Hoglheads received in Barter for 7 Pipes of Canary. (Rule 3d; Method 2d.) 3d. Canary in Co. EsY. Dr to Sundries, 17/. 21. 61/. •viz. to Calh, 7/. i8i, od. per paid Charges thereon; to Profit and Lofs, 9/. 4 s. 6 d. per my. Commiflion thereon. (Rule 3d. Method 2d.) 4th. French Wines Dr to Canary in Co. &c. 9/. per aoHogf- heads taken to myfelf, at 12/. being fo much under-charged. (Rule 3d. Method 2d.) 5th. Sundries Drs to Canary in Co. &c. 10/. viz.E 5/. and.F 5/. per allowed me the forefaid Sums for tak¬ ing the French Wines to myfelf, and the Debt owing by /, to the Company. Thus far from the Queftion, the next from the Ledger. (Rule III. Method II.) ' Haviiig debited the Canary in .Co &c. to Sundries, 609/. 181. lA. viz. to 'E, 304/; 191. 2 d. per his \ of the Net Proceeds made by me;'to F, 304/. 19 s. za’. per his f of Ditto,’ and to Profit and Lofs for my Gain hereby; and the'Articles compofing the Balance being properly colleaed, then it will ftand thus: Dr. Balance Cr ■' ' . s. d. 1. s.d. To Caihj psr fo much ? „ By E,per due to him—299 19 2 on Hand — $ v By F, per due to him—299 19 2 To /, per due tome — 320 o o By Profit and Lofs, ? To French Wines, per?,. nnn per gamed —5 their Value - 5 4 ' ’ _V- 644 '2 O 644 20' E’s Journal. \ (JIule I.) ill. Sundries Drs to Calh, ;6o/. viz. Canaiy for my Accompt, under the Direaion of G, 280/. per paid formyl of 30 Pipes, at 28/. F, 28 ol. per paid for his f of Ditto. (Rule 2d.) 2d. Canary for my Accompt, &V. Dr to G, 5/. per allowed him fo much for taking Rules for journalizing Snell’j fix Siuefthiis. 213 to himfelf the French Wines, and/’s Debt. '(Rule lit.) 3d. G Dr to Canary for my Accompt, &’c. 304/. 19.1. zd. per my 4 of NetProceeds made by him. (Rule lit.) . 4th. F Dr to Canary for my Accompt, &c. 81. 6s. 41/. -J, per my { of his Gain allowed me purfuant to Agreement. ' Thus far from the Queftion, the next from the Ledger. Having debited Canary for my Accompt, bfc. to Profit and Loft for my Gain, and the Articles compofing the Balance being proper¬ ly collefted, then it will ftand thus: Dr ; Balance Cr l. s. d. 1. s . di ■To F, per due-to me 288 6 4J By Caih, per out ofT ' To G, per due to me 299 19 z Pocket, or Stock V 560 o o ■ ' rather at firft — 3 By Profit and Lofs, 7 „ > per gained — 5 28 5 6 588 J 6i 588 j 6| Fs Journal. (Rule II.) ill. Canary for niy Accompt, under the Direflion of G, Dr to E, 280/. per my -j of 30 Pipes advanced by him. .(Rule 2d.) 2d, Ditto Dr to G,j/. per my Allowance to him, for taking to himfelf the French Wines,- and 7 ’s Debt. (Rule. 1 ft.) 3d. G Dr to Canary for my. A ccompt, (sk, 304/. 191. 2d. per \ of hiet Proceeds made by him. (Rule 2d.) 4th. Canary for my Accompt, b V. Dr 1 0 B, 81. 6s. 4ji. 1 > t er allowed him ■§• of my'Gains, in Confideration of his advancing my Share.' 1 Thus far from the Queftion, the next from the Ledger. Having debited Canary for my Accompt, &c. to Profit and Loft 1 for my Gain, andrthe Articles compofing the Balance being pro¬ perly collected, then it will Hand thus: - Dr Balance . Cr l. s.d. 1. s.d. To due to me— 299 19 2 By £,due to him 288 6 4I - By Profit and Lofs, > 12 /^gained — $ 299 19 2 314 Mutes fir journalizing SnellV fix ^uefiiom. Question 4th. J-amesWhite, his Journal. ; (Rul£ III. Method II.) 1 ft. Wheat in Co. with Ifaac Berms and Self, under my Direc¬ tion, DrtoCalh, 750/. per paid' for 500 Qrs. at 30;. (Obfervation .in Rule 4th.) zd. Calh Qr.to Wheat in Co, (3’c. 375/.receiv¬ ed of Ditto Berney, his i. (Rule 5th.) 3d. Ditto Dr to Ditto, 160/. fer received for 100 Qrs. at 3'z/. 2dly, Wheat in Co. (Sc ; Drto IfaaeBerney, his .Accompt, 80/. per his 1 of Ditto. (Rule ill.) 4th. Wheat for my Accompt, under the Direftion of Ifaac Berney, Dr to Wheat in Co. (Sc. 300/. fer -my ~ of 400 Qrs. at 301. con- figned to Ditto Berm). . (Rule 4th.) 5th. Ditto Dr to Calh, 14/. 15 s,6d.fer paid Charges at the Shipping ofF Ditto. 2&\y; Ifaac Berney, his Accompt, Dr to Wheat for my Accompt, (Sc. jl. 7;. Cjd. fer his ~ hereof. . (Rule 4th.) 6th. IfaaeBerney, my Accompt ■Dr to'Wheat for my Accompt, (Sc. 1042 G. 12 St. 8 P. which is .Sterling,..!) 4/. 151. 8 d.ferra.y\ of the Net Proceeds of 100 Qrs. of .(Wheat made’ by him. (Obfervation-on.Rule ill and 2d.) 7th. .IMWDoeck, in Co. with Ifaac BerncyaniLSelf, under my Direc¬ tion, Dr to Wheat for my Accompt,. (3c, 225/. fer my \ of zoo Bolts, received in Barter for 366’Qrs. ofWheat, at 301. (Rule 5th.) 8th. Ditto, Dr to Ifaac Berney, .my Accompt, 18 Gs,"1 7 St. 8 P. which is, Sterling, 1 /. 141/34 fer my 5 of Charges paid by him. (Rule 4th.) 9th. Ditto, Dr to Calh, 67 1 lose 'fer .paid Charges On the 200 Bolts. 2dly, 'IfaaeBerney, his AUcompt', Dr to Holland Doefck, in Co. (Sc. -33/.: ip, fer his { of faid Charges. (Rule ill.) loth. Calh, Drto Holland Doeck, in Co. (Sc . 325/. fer received for my 4 of 200 Bolts, at-3/. p. .fer Bolt. ‘See the ’ following Ledger. • ,; - Ifaac Berne/s Journal. ' . ■ - (Rule I.) i ll. Wheat for my Accompt, under th eDiredlion of James White, ' Dr to Calh, 41,25 Gr. o Sts o P. fer paid for-my of 500 Qrs, .(Rule 4th.) zd. James White, my Accompt, Dr to Wheat for .'my A'ccompt, (sic. 80/. or. o d. Sterling, Which makes, 880 Gs, o St: o P.'fer my { of the Net Proceeds of 100 Qrs. made by him. (Ob¬ fervation on Rule ilb and’id.) 3d. Wheat-in .Co. with Janies White mi. my Self, under, my, Direftion, Dr to Wheat for my Ac¬ compt, (Sc. 3300 Gi: o:Sti of. fer my 1 of 400 Qrs. at 16 Gs. 10 St. (Rule 5-th.) 4th. Ditto, Dr to James White, my Accompt, 7/. 7r. gd. Sterling, which makes, 81 Gs. 5 St. 3 P. fer my ( of Charges paid by-him. (Rule 5th.) 5th. Calh, Dr to Wheat in Co. (Sc. 2200 Gs. o.St. oP. fer received for rooQrs. at 22 Gs. oSt. o P. (Rule 5th.) Rules for journalizing Snell^ fx Quejlions. 215 6th. Wheat in Co. &c. Dr to Ca(h,' i^Gr. 15 St. oP. per paid Charges hereon. (Rule ill.) 7th. Holland Doeck, for my Ac¬ compt, under the Direftiqn of James White, Dr to Wheat in Co. £ 5 V. 2475 Gs. o St. o P. per my 4 of 200 Bolts, received in Barter, forjooQrs. of Wheat, at 16 Gs. 1 o St. per Qr. (Rule 5th.) 8th. Wheat in Co. &c. Dr to James White, his Accompt, 1042 Gs. 12 St. 8 P. per his £ of Net Proceeds made by me. {Rule 4th.) 9th. Hol¬ land D oeck, for my Accompt, tsc. Dr to Calh, 37 Gs. up St. of. per paid Charges on the 200 Bolts. 2dly, Janies White, his Ac¬ compt, Dr to Holland Doeck for my Accompt, &c. 18 Gs. 17 St. 8 P. ftrhis 4 hereof. (Rule 3th.) 10th. Holland Doeck, form y Accompt, &c. Dr to James White, my Accompt, 33/. 15 s. od. Sterling, which makes, 371 Gs. 5 St. o P. per my i of Charges paid by Ditto. (Rule ill.) nth. Calh, Dr to /A/AW Doeck, for my Accompt, (sc. 3,573 Gs. 0 St. 0 P. per received for my i of 200 Bolts, at 3 ; Gs. 15 St, See the following Ledger. The Ledgers of James White and Ifaac Berney following, reprc- fent the Forms of an, Bnglijh Merchant and a Dutch one, keeping Accompts one againll another, when they are to be equally con¬ cerned in the Goods under Coniideration, in which Ledgers you may obferve adrift Connexion and Concatenation, as mentioned before in the Notes on the Ledgers' of the ill Quedion already laid down. You may likewife obferve, that each Merchant keeps his Accompts in the Currency o.f the Country in which he lives, and that Ifaac Berney, his Accompt-on James White's Ledger, anfwers in a reverfe Manner to James White, my Accompt on Ifaac Berney s Ledger, and as the former is kept in Bnglijh Money, only on the Ledger of James White, fo the latter is kept in both Bnglijh and Dutch Money on the Ledger of Ifaac Berney, and on the other Hand, as Ifaac Berney, my Accompt on the Ledger of James White, is kept both in Dutch and Bnglijh Money; fo James White, his Accompt on the Ledger of Ifaac Berney, is kept in Dutch Money only and the latter anfwers in a reverfe Manner to the former, agreeable to the Rules laid dowD in Clark's 2d Lefture on-Accompts, Pages 14th, 15th, 17th, and i8xh, and to Mr. London, in Pages 13th, 14th, 15th, 16th, 17th and tSth, of the lit Part of his SyItem. 21 6 The LEDGER Wheat in Co, with Ifaac Berney and Self, under my Din To Calh,-paid for 500 Quarters, at 36s. — — To Ifaac Berney, his Accompt, per his | of Sales — • To Profit and Lofs, per gained by this Accompt ■— Cajh To Wheat in Co. ©r. per received of Ifaac Berney, hi To Ditto, per received for 100 Qrs, at 321. — To Holland Doeck, in Co. ©r. per received for my \ 1 ' Ifaac Berney,- his Accompt To Wheat for my Accompt, ©r. per his A of Charges - To Holland Doeck, in Co. ©r. per his A of Ditto - To Balance, per due to him . . . Wheat for my Accompt, under the DireBion of Jfaac Berneyl To Wheat in Co. ©r. per my A of 400 Qrs, at 30s. - To Calh, per paid Charges hereon ■ ■ —■ To Profit and Lofs, per gained by this Accompt - . . Ifaac Berney, my Accompt [To Wheat for my Accompt, ©r. per my \ of 100 Qrs, by him fold 1042GJ. iz St. SP, — - — Holland Doeck, in Co. with Ifaac Berney and Self, undeA my Direction To Wheat for my Accompt, ©c. per my A of 200 Bolts — To Ifaac Berney, my Accomptj per my { of his Charges — To Cafh, per paid Charges hereon - -■- ""t Profit and Lofs, per gained by this Accompt —— Balance ITo Calh, per fo much on Hand -■ — ■ lTof/, Berney, my Accompt, perdue to me, 1023 Gr, 15 Sr. 0 P. 218 The LEDGER Wheatfarm} Act. under theD'trcBion of James White Dr To Calh, per paid for my A of 500 Qis - To Profit and Lofs, per gained by this Accompt ■ ■ —— r, : ■ -Cap To Wheat in Co. &c, /'ir received for loo Qrs, at 17. Gs. . 'to Holland Doeck, for my Accompt, (Sc. per fo much received for 3575 c 0 5775 0 0 • James -White ,--my Accompt To Wheat for my Accompt, (Sc. per my A of the Net j Sterling. 80 o c S80 0 o So o 0 8S0 0 0 Wheat in Co. avith James White and Self, under myDireBion to Wheat for my Accompt, (Sc. per my A of 400 Qrs- To James White, my Accompt, per' my J of his Charges - To Jajnes White, his Accompt, .per Jiis J of Net Proceeds. . ■ . • to Profit and Lofs, per gained by this Accompt ' ■ ' i | James White, his Accompt To flelland Doeck, tor my Accompt,‘dye. per hisd| of Charges —. To Balance,/cr due to him - . .. • Holland Doeck, for my Acc. under the DireBion of]tL. White To )Vhcat in Co.' (Sc. per my A of zoo Bolts - To Calh; per paid Charges hereon ■ - ■ to. James White, my Accompt, per my A of his Charges —i—. To Profit and Lo.ls, per gained by this Accompt ■“ . Profit and Lofs To Balance, perk much gained — 4675 0 0 lS 17 S 2475.c 0 37 '5 0 371 5 o 709 17 8 3593 17 3 901 413 9 °i V Balance To James White, mv Accompt, per due to me Xo Cafh, per fo much on Hand . — - Sterling 3817 i 9 13 Of Isaac Berney. Per Contra C By James White, my Acc. per my 1 of the.Net Proceeds of ioo Qrs By Wheat in Co. ©c. per my \ of 400 Qrs, under my Care - Per Contra By Wheat for my Accompt, ©r. per paid for my 1 of 500 Qrs — By Ditto in Co. &c..per paid for'Charges -- By Hellatid Docck, for my Accompt, ©r. per paid for Ditto - By Balance, for fo much on Hand - -- Per Contra Sterling. ByWhcatinCo.fs’r.^ci-myi of Charges, paid by James | ? ? By IlcUarJ Docck, for my Accompt, per my i Ditto-33 15 1 By Balance, per due to me — . 38 17 Per Contra A By Cafh, per received for 100 Qrs, at 22 Gs. —— - By Holland Docck, for my Accompt, ©c, per my { of 300 Qrs \Per Contra By Wheat in Co. ©c. per his £ of Net Proceeds of ] .Qrs 1042 Per Contra By James White, his Accompt, per his £ of Charges ily Cafh, per received for my £ of 200 Bolts - 18 r 7 8 3575 0 ° 3593 >7 s Per Contra By Wheat for my Accompt, ©c. per fo much gained - By Ditto in Co. ©c. per Ditto - - By Holland TOoeck, for my Accompt, ©c. per Ditto - Per Contra by James White, his Accompt, ptriise. to him By Profit and Lofs, per fo much gained by Trade Ff a 136 7°9 F M b ?2p Rules for journalizing SnellV fix Queftionu . Question 5th. Ah Journal. (Rule III. Method II.) lit. Adventure to Rouen, conligned to D, for my Accompt, Dr to Tobacco, 500/. per 50 Hogfheads, at to/, by me advanced. 2dly, Sundries Drs to Adventure to Rouen, &V. 8/. 13;. 4 d.'viz. B, 2I. 6s. id. per fo much as he is Ihort in Stock. C, 61. 6s. id. /«• fo much as he is Ihort in Ditto. (Rule 2d.) 2d. Adventure'to ’Rouen, &c. Dr to B, 22/. per my f of Charges advanced by him. (By the latter' Part of Rule 4th.) 3d. D, my Accompt, I)r to Adven¬ ture to Rouen, &c. 7269 Litres, 6 So. i D. which makes Sterling, 543/. 4*. pet- my j of Net Proceeds made by him. ' (By Obfervation 3d. Rule 3d.) 4th. Paper in Co. with B, C, and Self, under my Dire&ion, Dr to D,my Accompt, 104 oLivres, which makes Sler- ■ if'S> 7 ?/. per my j- of 1400 Reams configned to me to fell for our joint Accompt. (By the lad Part of Rule 4th.) 5th. Sundries Drs to D, my Accompt, 6221 Litres, which makes Sterling, 461/. j8j. id. i, viz. B, ;acsLivres, which makes Sterling, 36/. i6r. id. I, t er my 4 of his Remife j C, 5721 Livres, which makes Sterling, 425/, 2s. per my j of his Remife. My j of 2; Livres, the Charge' of the Remife, is 8 Liv. 6 Sols. SDs. (By Rule 3d. Method 2d.) 6th. Paper in Co. (Be. Dr to Calh, 2 61. i8j. od. per paid Charges thereon. (By Rule 3d. Method 2d.) 7th. Cadi Dr to Paper in Co. &c. 367/. 1 or. per received fo much for the 14CO Reams, at jr. id. per Ream. ' Thus far from the Quedion, the next from the Ledger. (Rule 3d. Method 2d.) Having debited^the Paper in Co. to Sundries, 227/. is 4 d. viz. to B, nil. ior. id. per his -I of Net Proceeds made by me; to C, 113/. ior. id. per his j of Ditto, as alfo to Profit and Lofs for my Gain hereby ; and Profit and Lofs being credited and debited for my A of the Gain and Lofs arifing from the two other Accompts, and the Articles that compofe the Balance being properly collected, then it will dand thus: Dr Balance Cr 1. s. d. . 1. s. d. To C,per dac tome— 317 18 o By Tobacco, for T ToCaih,/«- fomuch '7 its Cod, or Stocky coo o o on Hand - 3 3 4 ° 12 0 rather at fird — 5 : ' By B,per due to him 96 7 10-j By Profit and Lofs,? 6 , _ > gained - 5 658 10 o 6;8 10 o- B's JoURf Rules for journalizing Snell’s fixQueJlms. 221 B 's Journal. (Rule I.) 1 ft. Adventure to Rouen, configned to D for my Accompt, Dr to Sugar, 489/. per '30 Hoglheads, by me advanced. (Rule zd.) zd. Ditto Dr to A, 2/. 6s. 8d. per fo much as I am (hort in Stock, by him made good. (Rule 3d. Method 2d.) 3d. Ditto Dr to Calh, 66/. per paid Charges hereon. ?dly. Sundries Drs to Adventure to Rouen, &c. 44/. viz. A, 22/. per his of Ditto Charges. C, ill. per his -J-of Ditto. . (By the latter Part of Rule 4th.) 4th. D, my Accompt, Dr to Adventure to Rouen, &c. 7269 Livres, 6 Sals. SD. which makes Sterling, 543/. 4 s. per my j of Net Proceeds, made by him. (By Obfervation ill. Rule 3d.) 5th. Calh Dr to Sundries, 150 0 Livres, which makes Sterling, no/. 8s. 41/ vis. To D, my Accompt, 500 Livres, which is Sterling, 36/ i6r. id. per my \ hereof. To A, 500 Livres, which is Sterling, 36/ 16 s. id. 4, per his f hereof. To C, 300 Livres, which is Sterling, '36/ i6r. 1 d. per his f hereof. (By the laft Part of Rule 4th.) 6th. Sundries Drs to D, my Accompt, 6761 Livres, which makes Sterling, 503/ is. vis. Paper for my Accompt, under A's Direftion, 104 o Livres, which makes Sterling, 78/ per my 5- of 1400Reams in his Hands. C, 5721 Livres, which makes Sterling, 4Z3/ is. per my (-'of his Remife; My f of Z5 Livres, the Charge of theRemife is 8 Liv. 6 Sols. 8 D. (Rule ift.) 7th. A, Dr to Paper, for my Accompt, fcfr. 113/ 1 or. 8 d. per my f of Net Proceeds made by him. ( Thus far from the Qucftion, the next from the Ledger. Profit andLofs being debited and credited by the proper A ccompts from whence it arifes, and the Articles compoiing the Balance being properly collefted, then it will (land thus: Dr Balance Cr 1. s. d. . 1. s. d. ' To C, per due to me 4105 iof By Sugar for its Coft,p To A, per due to me 96710) or Stock rather at >489 0 0 To Calh, per fo? ~ firft - 3 ' much on Hand J 4 By Profit and Lofs, 7 g 2 2 ,£ per gained — 5 . * 5 H 2 *4 55 1 » C’s Journal, (Rule I.) ift. Adventure to Rouen, configned to D, for my Accompt, Dr, to Pepper, 483/ per 30 Bags advanced by me (Rule zd.) 2d.. " ' Ditto 222 Rules for journalizing Snell’s fix Queftions. Ditto Dr to A, 61. 6s.. 8 d. per fo much as I am fhort in Stock by him made good. (Rule 2d.) 3d. Ditto Dr to B, 22I. per my i of Charges advanced by him. (By the latter Part of Rule 4th.) 4th... D, my Accompt, Dr to Adventure to Rouen, is'c. 7269 Lh. 6 Sols, 8 D. which makes Sterling, 545/. 4.!. per my f of Net Pro¬ ceeds made by him. (By the lail Part of Rule 4th.) 5th. Sun¬ dries Drs to D, my Accompt, 1540 Litres, winch makes Sterling, 114/. i6j. 1 d.i, viz. Paper for my Accompt, under A's Direc¬ tion, 1040 Li-vres, which makes Sterling, 78/. per my \ of 1400 Reams in his Hands. B, 500 Li-vres, which makes Sterling, 36/. 16 s. 1 d. per my of his Remife. (By Obfervation ill. Rule 3d.) 6th. Calh Dr to Sundries, 16163 Li-vres, which makes Sterling, 1274/. 6s. viz. ' To D, my Accompt, 5721 Livres, which makes Sterling, 425/. 2 s. per my -(- hereof. To B, 5721 Livres, which makes Sterling, 425/. 2r. per his -3- hereof. To A, 5721 Livres, which makes Sterling, 425/. 2 s. per his f hereof. My -3- of 25 Lh. the Charge of the Remife, is 8 Liv. 6 Sols, 8 D. (Rule ill.) 7th. A, DrtoFaper, for my Accompt, &c. 113/. ior. 8d. per my \ of Net Proceeds made by him. Thus far from the Quellion, the next from the Ledger. Profit and Lofs being, debited and credited by each refjjeftive Ac- •compt, from whence it arifes, and the Articles compofing the Ba¬ lance being properly collefted, then it will Hand thus: Dr Balance Cr 1. s. d. ■ 1. s. d. By Pepper for its D Coll, or Stock > 485 0 0 rather at firll j By^,/«-duetohim 317 18 0 ByB./w-duetohim 410 5 10J 127J 6 127; 6 0 Question 6 th. Edward Montagu’s. Journal and Cash-Book. (Rule I.) ill. Stock partable between Richard Pouldon, Michael Reau, James Varey, and Self, according to-Proportion therein, Dr to Sugar, 12361. 10s. per 56 Chelts, containing 301 C. 2 Ohs. 21 lb. Net, at 4/. 2s. per C. abating-8r. 41 1. on the whole Parcel, which I have advanced for my Share. (Rule 3d. Method ill.) 2d. Sundries - Rules for journalizing Snell’j fix Queftions. 223 Drs to James King, 1923/. -viz. Stock in Fourths with Ditto Poul- irn. Ditto Reau, Ditto Farcy, and Self, 48:/. 15... ad. per my of fundry Goods, bought of him, Richard Pouldm, 480/. 1 480 of Canary — 3 To Ditto, per re- 3 . ceived for 100C 38S Barrels Raifins —3 To William Hill, per borrowed and t'' received of him, (" 1000 at 61. per Cent. — )■ To Richard Paiildm, p per received of him > 230 ] to pay Ja. King S To Michael Reau, /.•/■received of him ] to pay Ditto — j JojamesFarey,per p -received of him to f 230 15 o pay Ditto — ' 3 To Stock in) Fourths, £*. p«-( - received for 10 f 2 9 6 10 0 Pipes of Canary 3 ; To Ditto, per re- p ceived for 650 /i. C 910 00 Cochineal. — 3 By Jan o , r . paid him — By William Hill, l per paid him —- ^ K By Ditto, per paid p ' him for 3 Months > Intereft ’—3 By Richard Poiiidoit,} per paid him — $ 2 By Michael 'Reau, ? per paid him -k 5 - 1 ” 2 3 ° 15 c By James Farej, per I paid him — 5 (87 10 o By Balance on Hand 1311 ;8 0“ 4829 8 o (Rule 224 -R»/w for journalizing Sne l l 'sfm gucfims. (Rule III. Method I.) sd. Sundries Drs to William Hill, iw*. Stock in Fourths, 3/. I ;j. />«• my •( hereof. Richard Pouldon, 3/. 151. per his j hereof. Michael Reau, H. I Jr. per Ids 4 hereof. James Vary, 3/. Ijj./erhis J. hereof. (Rule 3d. Method 2d.) 4th. Stock portable, be. Dr to Sundries, 1339/. 1 71. 10 d.-\, mix. To RichardPouldon, 451/. gr. o4 ■ /. 540 o Canary —— 3 To Ditto, per re -3 ccivcdfor aaBags £ 415 10 Pepper- 3 To Edward Monta- 3 gtt,per received of > 200 o To Stock in 3 ' Fourths, dr. per/ received in Partof\ poll. Cochineal,f 3 00 0 the Roll: to ftandV. out 6 Months — j By Michael Rcau,") ) per paid him — ^ 5 00 0 0 By James Farcy, 0 ) per paid him — ^ f 00 0 ° By Balance on Hand 929 o o (Rule III. Method II.) 3d. Stock partable, dV. Dr to Sundries, 1271/. 12;. 3 d, viz. To Edward Montagu, 507/. vjs.^d.-, per his Share of my Receipts. To Michael Rcau, 391/. os. 3 d. "per his Share of Ditto. To James Farcy, 372/. 14.1. 8 d. per his Share ofDitto. (Rule 3d. Method 2d.) 4th. Stock in Fourths, dr. Dr to Sundries, 225/. viz. To Edward Montagu, J^l. per his 4 of my Receipts. To Michael Rcau, 7;/. per his £ ofDitto. To James Farcy, 75/. per his .( of Ditto. (Rule ill.) jth. Edward Montagu, Dr to Stock partable, d>. 45*/. gr. 9^/. per my Share of his Receipts. (Rule ift.) 6th. G g Michael 226 Rules for journalizing Snel Vs fix Queftions. Michael Reau, Dr to Ditto, 192/. 4 1. Ed. x, per my Share of his Re. ceipts. (Rule 1 ft.) 7th. Edouard Montagu, Dr to Stock in Fourths, (3 ?c. 301/. 12;. 6d. per my \ his R ece ‘P ts - (Rule ift.) 8th,- James Varey, Dr to Ditto, 15;/. 15*. o d. per jny i of what he is to anfwer for. (Rule 2d.) 9th. Stock partable, &c. Dr to James Varey , 2/. 19 s. 2 d. per my Share of Charges paid by him. (Rule 2d.) 10th. Stock in Fourths, &c. Dr to Edward Montagu, 3/. i;j, per my 2 of Intereft paid by him. (Rule 2d.) nth. Ditto Dr to James Vam, ol. 1 is. 3d. per my 5 of Charges paid by him. 12th. Profit and Lofs Dr to Ditto, 5/. per my j- allowed him to make good the outftanding Debts. 13th. JamesKissg, Dr to Edward Montagu, 480/. 15 j. per my 5; of fundry Goods paid for by him. Thus far from the Queftion, the next from the Ledger. For the Reft, fee the Conclpfion of Edouard Montagus Journal. .Dr Balance Cr To Cafh. as perl Cafh-Book — To Mich. Reau, ? per due to me > To James Varey, l per due to me 5 /. s. d. 929 o o 226 4 3i 199 9 10 l By Ed. Montagu, £ per due to him ^ By Pepper for its Coft, or Stock > rather at Jirft —j By Profit and 1 ‘Lofs, per gain- ^ /. r. d. 283 10 oj 945 0 0 126 4 i| 1354 14 2 1 354 14 » Michael Reau' s Journal and Cash-Book. (Rule I.) ift. Stock partable, according to what Sum is put therein by Edouard Montagu, Richard Pouldon, James Varey, and Self, Dr' to Ca¬ nary, 932 l.per 34 Pipes, at 28/. per Pipe, advanced for my Share. (Rule ilf.) 2d. Stock in Fourths, with Ditto Montagu, Ditto Paul- don, Ditto Varey, and Self, Dr to James King, 480/. 15;. per my (• of fundry Goods bought of him. Dr Rules for journalizing Snel l’sJx QueJUons. 227 Dr Cafe Cr /. s.d. 1. s.d. To Stock partable,D . By Edw. Montagu,} 0 &c. per received for > 620 o o per'paid him — S'* •* 100 Barrels Raifins 3 . By Balance on Hand 1283 50 To Ditto,yrrreceiv- D . ed for 8 Chelts Su- > 202 o o To Edw..Montagu,\ IQ2 0 0 per received of him S * To Richard Pouldon, ? per received of him $ ^ 1314 o o , 1514 00 (Rule III. Method II.) 3d. Stock partable, &c. Dr to Sundries, 628/. 6s. 1 id. -L •viz. To Edward Montagu, 251/. lor. 5 d. J-, per his Share of my Receipts. To'Richard Pouldon, lcjll. 4;. 6d. f, per his Share of Ditto. To James Varey, 184/. ii/. II d. per his Share of Ditto. (P.ule lit.) 4th .'Edward Montagu, Dr to Stock partable, tSV. 434/. i6.<. yd. 4, per nry Share of his Receipts. (Rule lit.) 3th. Richard Poul- \ion, Dr to Ditto, 391/, os. 3 d. per my Share of his Receipts. (Rule 2d.) 6th. Stock partable, 13c. Dr to James Varey. zl: igr. yd. i, per my Share of Charges paid by him. (Rule 2d.) 7th. Stock in Fourths, Gk. Dr to Edward Montagu, 3/. 151. per my ^ of Intereit paid by him. (Rule 2d.J 8th. Ditto Dr to James Varey, nr. 31 i. per my -j of Charges paid by him. (Rule i(t.) 9th. Edward Montagu, Dr to Stock in Fourths, (sk. 301/. izr. 6d. per my J of his Receipts. (Rule lit.) 10th. Richard Pouldon, Dr to Ditto, 75/. per my £ of his Receipts. (Rule lit.) itth. Janies Party, Dr to Ditto, 155/. 151. o d. per my of.what he is to anfwer for. 12th. Profit and Lofs, Dr to James Varey, 3/. per my \ al¬ lowed him to make good the outlianding Debts. 13th. James King, Dr to Edward Montagu, 480/. 13/. per my 5 of fundry Goods paid’for by him. Thus far from the Queition, the next from the Ledger., for the Reit, fee the Conclufion of Edward Montagu s Journal. 228 Rules for journalizing Snell’.? fix'gfuejlians. Dr Balance ■ , O l. s.d. . . ' l. i 9S 2 - o'. o 37 7 >o K f- per due to him 3 ■ .; r ji By Profit and D Lofs, per gain- £ iz6 16 6J 1342 8 1342 8 81 To Cafh, as per 7 „ By Canary tor its D Cafti-Book — S 35 Coft, or Stock V To Edw. Montagu,} „ , rather at full— 3 per due to me — 3 & $ By James Vtrey, 7 ■ per due to him 3 James Varey’s Journal and Cash-Book. (Rule I.) 'I ft. Stock partable between. Edward Montagu, Richard Pouldon, Michael Reau, and Self, according to Proportion therein, Dr to Raifins, 907/. 101. per 250 Barrels, containing,41.2 C.. 2 ^rr. at 44/. advanced for m.y Share. (Ruleift.), 2d.'Stock in Fourths, with Ditto Montagu, Ditto Pouldon, Ditto' Reau, and Seif, Dr to James King, 480/. 15J. per toy l of fundry Goods bought of him. Dr Cajh /' ' • Cr To Stock in Fourths, D os’ c. per received for > 500 Reams Paper 3 To Edw. Montagu , ? 7>er received,of him 3 To Richard Pouldon,'} per received of him 3 125 o 187 10 500' 6 s.d. By Edw. Montagu, per. paid him — - By Stock partable, &c. per paid Char- By Stock in Fourths, "iSc. per paid Char- By Balance on Hand ]* 2 3 ° 1; 0. ^ 12 >3 ° 566 17 0 S12 10 0 (Rule Rules for journalizing Snell’s fix Quejlions. tit) (Rule III., Method II.) 3 d. Stock in Fourths, &c. Dr to Sundries, 93/. 5*. 0 d. adz. To Edward Montagu, 31/. 5/. per his -J of my Receipts. To Richard Pouldon, 31/-,5-r- per his j of Ditto. To Michael Reau, 31/. 1 - s . p er his j of Ditto. (Rule 3d. Method 2d.) 4th. Sundries Drs to Stock partable, life. g/._,l6j. zd.\, per due to me— $ ^ To Mich. Rem, ? per due to me—S ■ To Debts out-? (landing — } To .Goods re- / g maining unfold *> 7 To Cafh, as per £ Calh-Book— S Observation. There will be no Occafion to point out to anv one, that will due- • ly confider the Thing, that the Co. Accompts inferted in the for- fnerTreatife of Book-keeping (or any other) might have been jour, nalized after Snell's Method, juft now laid down, fince I have fully made it appear, in the laft Set of Journals, that Snell's own Quef. tions may be journalized, by the common Method, as well as by London's, and have fhewn wherein they differ from Snell, and from each other; the Journals of all which, are next to be fet down conjunflively by both Methods. jd. and 4th. Snell’s fix Queftions journalized by an Agent Truftee who is to be accountable to the whole Co. for their Shares of the outftanding Debts, according to London’s Plan; as alfo by a Truftee in the common Method conjunctively, and byeach of his Partners to anfwer him, whereby it will clear¬ ly appear, to the Intelligent, that thefe two laft Methods are but one and the fame, differing only in this, that whereas the former Method makes a twofold Ufe of the Goods or Voyages in Co. &c. viz. a real and a fictitious one, the latter, inftead of the faid fictitious one, introduces an Accompt in Co. for any Partner. The contracted Journals of Snell’s fix Queftions, both by London’s and the common Method conjunctively. Question ift. By London’s Method. A, Truftee. (By Rule III. Method II.) ill. '‘TIRADE >0 Co. with B, C, and Self, each J-, Dr to Sun- ji dries, 1750/. m. To Ca(h, 61 c/. To B, 460/. r Pb.C, 680/. zdly, Sundries Drs to Trade in Co. 1166/. i$s. 4 d. viz. B 583/. 6s. 8 d. C 583/. 6s. id. (By Rule 3d. Method 2d.) 2d. Sundries Drs to Trade in Co. £sY. 1923/. 96.13 4 By the common Method. lit. Trade in Co. with B, C, and Self, each 4, Dr to Sundries, 1750/. viz. To Cafh, 610/. To B's Accompt proper, 460A To C’s Accompt proper, 680/. zdly, B ’s Accompt proper, Dr to his Accompt in Co. 583/. 6r. 8 By-Profit-and-^ofs,.? o g o on Hand - 5 ? per gained — y ° To A, perdue to me— 56 , 6 8 . 58 6 8' ... 58 6 8 Question 2d. By .London’s ’Method. B, Lruftee. (By Rule III. Method II.) ill. Wheat in Co. with A, C, and Self, each ■}, Dr to Sundries, 630/. viz. To Calh, 200/. To D, 450/. 2dly. Sundries'Drs to Wheat in Co. £SV. 300 (.viz. A, i;o/. C, 150/. (Rule 3d'. Me¬ thod 2d.) 2d. Sundries Drs to Wheat in Co. fsV. 1137/. 10 s. •viz. E, 330/. Ca(h, 162/. ior. Wheat Proper, 320/. C, 325/. zdly, Wheat in Co. Cfc. Dr to Sundries, 758/. 6 s: Sd. -viz. To A, 379/. 3;. M To C, 379/. y. \d. (Rule 3d. Method 2d.) 3d. H h Wheat 234 Rules for journalizing Snell’.? fin Sjueftions. Wheat in Co. be. Dr to Ca(h, i il. 6s. qd. 2dly, Sundries Dr to Wheat in Co. be. yl. in. 2d. viz. A, 3/. 15J. 7 d. C, 3/. j? s . 7 j, 4th. D Dr to Sundries, 450/. 7 9 per gained 457 *7 9 457 17 9 Question 3d. Dy London’s- Method. G, Trujtee. (By Observation to Rule I and II.) lit. Canary in Co. with E, F, and Self, each Dr to Caih 280/ 2d. F, Dr ,to E 280/. (Rule 3 d. Method 2d.) Sundri« Dr to Canary, in Co. f*. 923/. «, 1, 320/. Caih, 372/. Hh 2 ' Wines 2^6 Rules for journalizing Snell’j fa Queftiofis. Wines in Co. with E, F, and Self, each 4, 231/. 2dly. Canary in Co. (etc. Drto Sundries, 615/. 6r. 81/. viz. To E,- 307/. rjj, id. To F, 307/. 131, 4/. (Rule 3d. Method 2d.) 4th. Canary in Co. &c. Dr to Sundries, 17/. 2r. 6 i. viz. TdCafh, 7/. 18r. 0/. To Profit and Lofs, 9/. 4*. 6 „ fer gained — 5 z ° 5 6 1 588 5 6| 388 5 6\ F, as a Partner , thus: (Rule II.) ill. Canary in Co. under G’s Direftion, Dr to G, 280/. (Rule ill.) zd. G, Dr to Canary in Co. ftfe. 307/. 13s. 4£rm h toVoyage.from.^* in Co. (Ac. ,SGi. 17 St- 8P. 1/. 14/. 3 rf - 9 th - Voyage• from Am- hriam, in Co. £sV..Dr to Calh, 67/. ioj. zdly, Ifdac Bcmei , Dr to Voyage from Amficrdam, in Co. (Ac. 33/. 15;. 10th Ca(h, Dr to Voyage from' Amficrdam, in Co. (Ac. 650/. 2dly, Voyage from Amficrdam, in Co. (Ac. Dr to lfaac Berney, 325/. nth. lfaac Ber- J, Dr to Calh, 325/.. ' Thus far from theQueftion, the next from the Ledger. Wheat in Co. (Ac. Voyage to Amficrdam, in Co. (Ac. and Voyage from Amficrdam, in Co. (Ac. being feverally debited to Profit anti Lofa for my Gains, and the Articles composing the Balance proper¬ ly collefled, then it will Hand thus: Dr To Calh, per fo? much on Hand—S To Jfaac Beruey, fori ,Co. Z047GJ.10&.5 Balance, ; Cr l. . J. i. 27 4 6 186 2 10 By lfaac Berney, per ? due to him — 5 By Ditto; per due D to him 10Z3 Gs. 4- By Profit and Lofs, ? per gained hereon 5 l.. s. 'd. 38 17 3 93 V 5 81 18 8 213 17 jj. 213 '7 -4 The fame abridged. .. ill. 'Wheat in Co. with lfaac Beruey and Self, each 1, Dr to Calh, 373/. 2d.-Calh, Dr to Wheat in Co. (Ac. 160/. 2dly, Wheat irt Co.(Ac. Dr to lfaac Berney, Sol. 3d.' Voyage to Amficrdam, inCo. with lfaac Berney and Self, each v, Dr to Wheat in Co. (Ac. 300/. and ho double Entrance. 4th. Ditto, Dr to Cadi, 14/. iji. 6 d. z&\y, lfaac Berney, Dr,to,Voyage to Amjlerdam, in Co. esc. 7/. y s . qd. jth. lfaac Berney, for Co. Dr to Voyage to Amficrdam, in Co. be. 2085 Gs. 5 St. Sterling, 1S9/. 1 u. 4 d. zdly, Voyage to' Am¬ jlerdam, in'Co. (Ac. Dr to lfaac Berney, 1642 Gs. 17 St. 8 P. Ster¬ ling, 94/. iy<. 8 d. 6th. Voyage from Amficrdam, in Co. with lfaac Berney and Self, each Dr to Voyage to Amficrdam, in Co. (Ac. 22;/. “and'no double Entrance. - 7th. Voyage from Amficrdam,, in Co. Ac. Dr to lfaac Berney, for'Co. 37 Gj. 15 St. Sterling, fi.'8s. 6d. zdly, lfaac Berney, Dr toVoyage from Amficrdam, in Co. (Ac. 18 Gj. 17 St. 8 P. Sterling, I/. 14J. 3 d. 8th. Voyage from Amficr- dam, in Co. (Ac. Dr to Calh, 67/. ioj.. 2dly, lfaac 'Berney, Dr to Voyage from Amfterdam, in Co. (Ac. 33/. i;j. 9th. Calh, Dr to Voyage from Amfierdam, in Co. (Ac. 650/. .-idly. Voyage from Am- 2 4© Rules for journalizing Snell’-t fix gfuejlions. Amfierdam, in Co. £*. Dr to Ifaac Berney, 325/. loth. IfaacEtr. my. Dr to Caih, 325/. For the balancing of this, fee the Conclufion of the laft ] 0 u r . nal. Obferve, that the fuperfluous Entrances, in the laft Journal, are marked with 4: and are omitted in this Journal. By the common Method. 1 ft. Wheat in Co. Ifaac Benny and Self, each \, Dr to Ca(h, 750/. 2dly, Ifaac Benny's Accompt proper. Dr to his Accompt in Co. (Ac. 375/. 2d. Ca(h Dr to Ifaac Berney's Accompt proper, 375/, 3d. Ditto, Dr to Wheat in Co. lAc. 160/. 2dly, Ifaac Berntfi Accompt in Co. Dr to his Accompt proper, 80/. 4th. Voyage to Amfierdam, in Co. with Ifaac Bentey and Self, each 4, Dr to Wheat in Co. bfc. 600/. zdly, Ifaac Beniey's Accompt in Co. Dr to his Accompt proper, 4:300/. 3dly, Ifaac Beniey's Accompt proper, Dr to his Accompt in Co. 4c 309/. 5th. Voyage to Amfierdam, ia Co. &c. DrtoCaih, 14/. 15a. 6 i. zdly, Ifaac Berney's Accompt proper, Dr to his Accompt in Co. 7/. ~s.gd. 6th. Ifaac Bemy, our Accompt Current, Dr to Voyage to Amfierdam, in Co. (ft. 2085 Gs. ; St. Sterling, 189/. lit. sfd. 2dly, Ifaac Bentey 's Ac¬ compt in Co. Dr to his Accompt proper, 10426/. 12 Sr. 8 P. Sterling, 94/. 15/. 8 d. 7th. Voyage from Amfierdam, in Co. with Ifaac Bentey and Self, each 4, Dr to Voyage to' Amfierdam, in Co. &c. 450/. 2dly, Ifaac Beniey's Accompt in Co. Dr to his Accompt proper, 4:225/. 3dly, Ifaac Beniey's Accompt proper, Dr to his Accompt in Co. 4:225/. 8th. Voyage from Amfierdam, in Co. (Ac. Dr to Ifaac Bentey, our Accompt Current, 37 Gi. 15 St. Stir¬ ling, 3/. 8 j. 6d. 2dly, Ifaac Bentey, his Accompt proper, Dr to his Accompt in Co. 18G/. 17 Sr. 8 P: Sterling, 1 /. 14;. 3/. gth, Voyage from Amfierdam, in Co. &c. DrtoCaih, 67/. tor. idly, Ifaac Berney, his Accompt proper, Dr to his Accompt in C0. 33/. 15/. ’ 10th. Caih, Drto Voyage from Amfierdam, in Co. lAc. 650/. idly, Ifaac Berney 's Accompt in Co. Dr to his Accompt proper, 325/. nth. Ifaac Berney's Accompt proper, Dr to Cadi, 325/. Thus far from the Queftion, the next from the Ledger. Ifaac Berney, his 4 of the Gains being carried to the Crdflit of his Accompt in Co. and my £ to the Credit of Profit and Lofs, and the Articles compofing the Balance properly colledled, then it will Hand as before fet down in this Queftion. Rhe fame 'abridged. 1. Wheat in Co. with Ifaac Berney and Self, each 4, Dr to Sun¬ dries, 750/. viz. to Caih, 375/. to Ifaac Beniey's Accompt in Co. 375/. zd. Caih, Dr to Wheat in Co. b!c. 160/. zdly, IfaacBtr- Rules for journalizing Sne l l’s Jin Queftions. 241 my's Accompt in Co. Dr to his Accompt proper, 80/. 3d. Vojtage to Amfierdam, in Co. with Ifaac Bemey and Self, each Dr to Wheat in Co. (fc. (tool, and no double Entrance. 4th. Ditto Dr toCalh, 14/. iff. 6 d. zdl y, Ijaac Berney's Accompt proper, Dr to his Accompt in Co. 7/. ys. 9 d. 5th. Ifaac Bemey, our Accompt Current, Dr to Voyage to Amfierdam , in Co. (fc. 2085 Gs. 5 St. Sterling, 189/. nr. 4 d. zd\y, Ifaac Berney's Accompt in Co. Dr to his Accompt proper, 1042 Gs. 12 St. SB. Sterling, 94/. iff. Sd. 6th. Voyage from Amjlerdam, in Co. with Ifaac Bemey and Self, each 4, Dr to Voyage to Amfierdam, in Co. cf fc. 450/. and no dou¬ ble Entrance. 7th. Voyage from Amfierdam, in Co. -(fc. Dr to Ifaac Bemey, our Accompt Current, 37 Gs. 1 ; St. Sterling, 3/. 8r. 6 d. 2dly, Ifaac Bemey, his Accompt proper, Dr to his Accompt in Co. j8 Gs. IjSt. SP. Sterling, 1/. 14s. 3 d. 8th. Voyage from Amfier- dam, in Co. (fc. Dr to Calh, 67/. 10s. 2dly, Ifaac Bemey'a Ac¬ compt proper, Dr to his Accompt in Co. 33/. 13 s. 9th. Cadi, Dr to Voyage from Amjlerdam, in Co. (fc. 650/. 2d)y, Ifaac Berney's Accompt in Co. Dr to his Accompt-proper, 323/. 10th. Ifaac Berney'sf ccompt proper. Dr to Ca(h, 325/. For the balancing of this, fee the Conclufion of the laft Journal. Obferve, in this Method too, that the fuperflnous Entrances, in the laft Journal, are marked with 4 and are omitted in this Journal. A Remark. For theReafon of this laft Abridgment, fee Rule in Sep/emler 8th, in the proceeding Treatifc of Book-keeping, to which add this, that as your Partner’s Accompt in Co. is folely intended to ihew his Share in the Co. fo unlefs you duly obferve to charge it and dif- charge it exaftly, for what is due from you to him, or from him to you, in regard to his Share in the. Co. you cannot (hew his exaft Share therein : Neverthelefs, you may find what is due to him from the Co. or from him to the Co. without (hewing his exnft Share in the Co. as is evident by the two Journals of this Queftion in Hand, at full Length, the one by London's Method, and the other by the common one before inferted; and the fame will he (hewn in the next Queftion following. Ifaac Berney, as a Partner thus ; to anfwer the two laft abridged Journals. ift. Trade in Co. under the Direflion of James White, Dr to Calli, 4150 Gs, o St. oP. Sterling, 373/. 2d. James White, Dr to Trade in Co. (fc. 880 Gs. o St. o P. Sterling, 8c/. 3d. Trade in Co. (fc. Dr to James White, 81 Gs. 5 St. 3 P. Sterling, yl. ys. c,.l. 4th. Cafli, Dr to Sundries, 2085 Gs. 3 St, Sterling, 189/, us. 4 /. 2 42 Rules for journalizing Snell’^ fix Queftions. -'596 3 3 54/. 4'j. id. — 3 By Profit and Lofs, J per gained, 81/. > 901 4 13 18 s. M. — 3 1497 10 0 01 fera aliens upon the two abridged Journals, and upon the loft Journal. 1 ft. Upon the firft abridged Journal,.by London.s Principles. • If in the 5 th Step of this Journal, by Londons Principles abridged, I had debited Ifaac Berney, my Accompt to Voyage to Atnfterdam, in Co. &c. for 1042 Gs. 12 St. 8 P. Sterling, 94/. igs. 8 d. and if in, the 7th Step of this fame Journal, I had debited Voyage from Am- jlcrdam, mCo.&c. to Ifaac Berney, my Accompt, for 18 Gs. iy St. 8 P,-Sterling, 'll. 14s. 3 d. retaining the other Steps as. before, only for Ifaac Berney, put Ifaac Berney, his Accompt, then I fhould have had this Balance, Dr Balance Cr l. s. d. z 7 H 6 93 1 5 l. s. d. By Ifaac Berney, his 3 Accompt, per due > 38 17 3 By Profit and Lofs, ? ^ g per gained ~ $ .120 15 11 which agrees with Snell. '■ 120 15 n 2d. Up<® Rules for journalizing Sne l'l ? s fix SjueftionS. 2 43 2d. Upon the fecond abridged Journal, by the common Me¬ thod. If in the yth Step of. this Journal, by the common Method abridg¬ ed, I had debited Sundries to Voyage to Amfterdam, in Go. £s ’c. 208; Gs. 5 St. Sterling, 189/. in. 4 d. viz. Ifaac Eerney' s Accompt jn Co. 1042 Gs. 12 St. 8 P. Sterling, 94/. i;i. 8 d . and Ifaac Eerney, my Accompt Current, 1042 Gs. 12 St. 8 P. Sterling, 94/.. 15r. 8a'. and alfo in the 7th Step of this.fame Journal, I had debited Voyage from Amfterdam, in Co. &c. to Sundries, 37 Gs. 15 St. Sterling, 3/. 8 s. 6d. viz. To Ifaac Eerney, his Accompt in Co. 18 Gs. 17 St. 8 P. Sterling, ll. \\s. 3 d. and to Ifaac Eerney, my Accompt Cur¬ rent, 18 Gs. ■ 17 St. 8 P. Sterling, il. l.pr. 3a 1 . retaining the other Steps as before, then I lhould have had the very fame Balance as is fet down in the firft Obfervation. See Rule in 0Bober 31 ft, in the preceeding Treatife of Book-keeping. ■ 3d. Upon Ifaac Berney's Journal. If I had debited, in the 4th Step of this Journal, Cafh to Sun¬ dries, 2083 Gr.. 5 St. Sterling, 189/. ur. if. viz. To Trade in Co. under the Direflion of James White, 1.042 Gs. I2 St. 8 P. Sterling, 94/. 15J. 8a'. and to James White, his Accompt, .1042 Gs. 12 St. 8 P. Sterling, 94/. 15J. 8 d as alfo in the 5th Step of this fame Jour¬ nal, I had debited Sundries to Cafh, 37 Gs. 15 St. Sterling, 3 1. 8s. 6 d. viz. Trade in Co. under the Direftion of James White, 18 Gs. ly St. 8 P. Sterling, il. 141. ,f. and James White, his Accompt, iSGr. 1 1 St. 8 P. Sterling, \l. 14;. 3 d. retaining the other Steps as before, only for James White, put James White, my Accompt, then I lhould have had this Balance, Dr Balance Cr St. P. 1. s. d. Cs. St. p. By Profit &T 1 Lofs, per> 81 j8 Si. 901 4 13 gained — j 3 175 0 1=19*4 19-13 175 o 1=1924 19 13 which agrees with Snell alfo. Question 5th. By London’.! Method. A, Trufiee. 1 ft. Adventure to Rouen, in Co. with B, C, and Self, each j, Dr to Sundries, 1474/. or. os', viz. To Tobacco, 500/. To E, 489/. To C, 485/. 2d. Ditto Dr to B, 66/. 2dly, Sundries Drs to Ad- I i. 2 venture 244 Rules for journalizing Snel l’s fix Queftions. venture to Rouen, in Co. &c. 1026/. 131. 44. viz. B, 513/. 61. 84. C, 513/. 6s. 8d. 3d. D, our Accompt, Dr to Adventure to Rouen, in Co. £sV. 21808 Liv. — 1635/. i2r. o4. 2dly, Adventure to Rouen, in Co. &c. Dr to Sundries, logo/. 8j. od. viz. To B, 545/. as. To C, 34;/. 41. 4th. Paper in Co. with B, C, and Self, each Dr to D, our Accompt, 3120 Liv. = 234/ zdly. Sundries Drs to Paper in Co. &c. 136/. viz. B, 78/. C, 78/. 3th. Sundries Drs to D, our Accompt, 18663 Liv. — 1385/. 141. \d. viz. B, 1500 Liv. — no L 8s. 4 d. C, 17163 Liv. = 1273/. 6s. 6th. Paper in Co. £sfr. Dr to Cadi, 26/. i8r. 2dly, Sundries Drs to Pa¬ per in Co. £3V. 17/. i8r. 84 . to'k. i>’, 8/. lgr. 4. — 5/. 51. ioft'j, C’s Accompt in Co'. 8 Liv. 6Sols. 8 D. = 5/. 5* sod. §.• 2%, B's Accompt in Co. Dr to his Accompt proper, 461/. lift. 1 /.{, C’s Ditto, 461/. 18s. id. i. 6th. Paper in Co. with B, C.aii Self, each Dr to Cafh, 26/. i8j. 2dly, B 's Accompt piopi Dr to his Accompt in Co; 8/. 191. 4^. C’s Ditto, 81. 191. 4ft C’afh, Dr to Paper in Co. &c. 367/. ioj. 2dly, B's Accompli Co. Dr to his Accompt proper, 122/. ioj. Cs Ditto, 122/, ioj. ( FortheReafon of this Abridgment, fee the Remark in die Id Queftion. I Thus far from the Queftion, the next from the Ledger. I Profit and Lofs being credited by the Adventure, and PapeUf Co. for my j of the Gains, and B’s and C’s Accompt in Co. fc-f Rules for journalizing Snell ’s fix gtieftions. 247 their4, and the Articles compofing the Balance properly coilcflcd, then it will hand as before fet down in this Queliio'n. B, as a Partner , thus: ill. Adventure to Rouen, in Co. under A's Direflion, Dr to Sun¬ dries, 491/- 6s. 8 d. «. To Sugar, 489/. To^, 2/. 6s. 8 it. 2d. Sundries Dr to Cafh, 6 61. viz. Adventure to Rouen, in Co. &V. ill. A, 44/. 3d. Sundries Drs to Adventure to Rouen, in Coj f y,575/. 8/. gd. y> viz. Calh, no/. 8r. spd. A, 465/. o*. 5/.|. Or thus , by euid Entrance. ill. A, Dr to Sugar, 489/. 2d. Ditto, Dr to Calh, 661. zdly. Adventure to Rouen, in Co. under Ah Direflion, Dr to A, 513/.- 6s. 84. 3d. Calh, Dr to A, no/. 8s. 4 d,. zdly. A, Dr to Adventure |o Rouen, in Co. £3’c.-46l/. l8r. I d. 5. 4th. Adventure to Rouen, in Co. £*. Dr to A, 81. 19 s. 4 d. ,5th.’ A, Dr to Adventure to fount, in Co. &e. 122/. 10s. 6th. Profit andLofs, DrtoAdven- ture to Rouen, in Co. life. 5/. 5 s. loti. 4. Thus far from the Queltion, the next from the Ledger. The Adventure to Rouen, in Co. being debited to Profit and Lofs, and the Articles compofing the Balance properly collefted, then it will Hand thus: Dr Balance Cr /■ r d. 1. i. d. To A, per due to me 506 13 94 By Sugar for its Cod, To Calh, per fo / „ or Stock rather at >489 o o much on Hand— <, ^ * firft —- ^ By Profit and Lofs, ? t per gained hereon 5 2 2 1 s 55i 2 »7 C, as a Partner, thus: . ill. Adventure to Rouen, in Co. under A' s Direflion, Dr to Sundries, 491/. 6 j. 8/. viz. To Pepper, 485/. To A, 61 6s. 8d. 2d. Ditto, Dr to A, nl. 3d. Cadi, Dr to Sundries, 1275 1. 6s. vk. To Adventure to Rouen, in C o.&c. 475/. 8/. ad. -J. To A, !7'. id. 4. SJI 2 14 Or ' 248 Rules for journalizing Snei.lV fix Quejlions. ■ Or, thus, by a zd Entrance. 1 ft. A, Dr to Pepper, 485/. z&\y. Adventure to Rouen, in C 0 under A' s Direaion, Dr to A, 513/. 6s. 8d. 2d. Cafh, Dr to A IZ75/. 6s. zdly, A, Dr to Adventure to Rouen, in Co. (Ac. 46,/' i8j. id. f. 3d. Adventure to Rouen, in Co. (Ac. Dr to A, 8 1 im 4 d. 4th. A, Dr to Adventure to Rouen, in Co. (Ac. 122/. - ' 5th. Profit and Lofs, Dr to Adventure to Rouen, in Co. (Ac. 52. 10 d.i. Thus far from the.Queftion, the next from the Ledger. The Adventure to Rouen, in Co. (Ac. being debited to Profit itj Lofs. and the .Articles compofir.g the Balance properly collected, then it will Hand thus: Question 6th. By LondonV Method. Edward Mon¬ tagu, Trujlee. ift. Stock partable with Richard Poutdon, Michael Reau, Jm Varey, and Self, according to Proportion therein. Dr to Sugar, 1236/. tor. zd. Stock in Fourths, with Richard Poutdon, Midd Reau, James Varey, and Self, Dr to James King, 1923/. oj. 0 1 zdly, Sundries Drs to Stock in Fourths, 1442/. 5/. o d. viz. Ridal Pouldon, 480/. i;r. Michael Reau, 480/. I Jr. James Farcy, M ics.od. 3d. Cafh, Dr to Stock partable, (Ac. 1930/. 13J. d 2 dly, Stock partable, (Ac. Dr to Sundries, 1339/. 17;. 10/.',, mi" To Richard Pouldon, 451/. i)s. 9 d f. To Michael Reau,i;M i6j.' 7 d. 4. To James Varey, 433/. 'I u. - 5 d. *. 4 th Cafh, W Stock in Fourths, (Ac. izo6/. ior. od. 2dly, Stock m Fourths, (Ac. Dr to Sundries, 904/. 17J. 6d. viz. T0 Richard Pouldon, 301. 1 2s. 6d. To Michael Reau, 30T/. 12s.bd. To James Party, 30I/. 12s. 611. 5th. Cafh, Dr to Sundries, 1692/. 5 s. 6d. viz. To W liam Hill, 1000/. To Richard Pouldon, 230/. 15J- To Michael Run, 2-0/. is’e. To James Varey, 230/. 15s. 6th. Stock in Font*, Rule's for journalizing Snel Vs fix Queftions. 249 l£c. Dr to William. Hill, 15/. 2dly. Sundries Drs to Stock in Fourths, life. ill- 5-f. wz. Richard Pouldon', 3'/. 15/. Michael React, dies.- James Varey, of-y^s. 7th. Sundries Drs to Ciilh, 3517/. ios. viz- James King, .1923/. William Hill, 10154 Richard Pod- ion, 2001. Michael Reau, ,192/. . James Varey, 187/. 10;. 8th. RichardPoddon, Dr to Stock partable, ©Vi 1659/. i$s. 2,dly, Stock partable, £*. Dr to Sundries, HJ1/..17r. 84 i, to?. To Richard Pouldon, 388/. 2r. 91/. To Michael Reau, 391/. or. 34 To Jhwrr Firry, 372/. 14/. 84 *9'th. Michael Reau, Dr to. Stock partable, life. 822I. zdl y. Stock partable, life. Dr to Sundries, 370/. 9/. 64 i, viz. To Michael Reau, 193/. 131. o4 . To Richard Pod- ion, 192/. 4. 64 4. , To James Vary, 184/. ur. 114 loth. Stock partable, Dr to James Varey, 12/. 13;. 2dly, Sundries Drs to Stock partable, life. 81. 15/. yd. viz. James Varey, 2I. 16s. g4|. Richard Pouldon, zl. 19 s. 2d, Michael Reau, 2/. 191. yd.\„ 11 th. Stock in Fourths, life. Dr to James Varey zl. 5 s. zdly Sundries Drs to Stock in Fourths, life. il. 13 s. 94 viz. James Varey, 11s. 34 Richard Pouldon, 11s. fi. Michael Reau, nr. 34 12th, Richard Pouldon, Dr. to Stock in Fourths, life. 300/. zdly. Stock in Fourths, Ifc. Dr to Sundries, Z25/. viz. To Richard Pouldon, y$l. To Mi¬ chael Reau, y $1. To James Varey, ycf. 13 th, James Varey, Dr to Stock in Fourths, life. 623/. 2dly, Stock in Fourths, life. Dr to Sundries, 467/. 3 s. viz. To James Varey, 155/. 15;. To-Michael Reau, 133/. 15/. To Richard Pouldoni 155/. 13}. 14th. Sundries Tits to James Varey, 15/. viz. Profit and Lofs, 5/. Richard Pouldon, 3/. Michael Reau, 5/. 15th. Sundries Drs to Richard Pouldon, 1000/. viz. Michael Reau, 500?. jdzscj Varey, 500/.. , Thus far from the Queftion, the next from the Ledger. Profit and Lofs being credited by Stock partable, life, and by Stock in Fourths, life, for my refpeftive Gains, and the Articles compofing the Balance properly collected, then it will Hand thus: To Mich. Reau, ? . perdue to me § To James Varey, ? ter due to me S To Ca(h, per fo> touch oil Hand 5 ' r. 4. 8 Si 9 5i 18 o By Sugar for its D Coll,, or Stpck> 1 rather at firii—j By Rd: Pouldon, / perdue to him 5 By Profit and ~1 Lofs, per gain- > ed hereon — 3 Cr 2. s. 4 * 236 10 o 142 4 il 132 1 8i 1330 13 io£ 1330 13 ioj Kk By 2 5 0 Rules for journalizing SnellV/x Quejlions. . r ' ; By the common Method. ■ i ft.' Stock partable, between Richard Pouldon, Michael Retw, James Varey, and Self, according to Proportion therein, Dr to Sum dries, 4041/. viz. To Sugar,- 1236/. ior. To Richard Pouldon'i Accompt in Co. 945/. To Michael Reau's Ditto, 952/. To James Farcy's Ditto, 907/. ior. -2d.-Stock in Fourths with Richard P.oul- don, Michael Reau, James Fare}, and Self, Dr to James King, - 1923/.- 2 dly. Richard Pouldon's -Accompt proper, Dr to his Accompt in'Co. 480/. I ;r. Michael Reach Ditto, 480/. 154 James Farcy's Ditto, 480/. 1 3dly, C-a(h', Dr to Stock partable, Me. 1930/; 13/; 2d|y, Richard Pouldon's Accompt in Co. Dr to his Accompt proper, 451/. gr. cyd. \. Michael Reach Ditto, 454/. lbs. yd. 1. James. Farcy's Ditto, 433/. Hr. ; theratfirft — 3 By-Profit and Lofs,? per gained — 5 945 126 Cr s.d. 1071 4 1071 4 i| Michael Reau,- as a Partner , thus: ill. Stock, under Edward Montagu's Direflion, Dr to Sundries, 252 Rules for journalizing Snell’s fix Queftions. 15s. 2d. Caih, Dr to Edward Montagu, 82 zl. 2dly, Edward Montagu, Dr 'to Stock, under his Direflion, 1039/. 9 1 - ud. 3d' Stock, under the ’ Direflion' of Edward Montagu, Dr to Edward, Montagu, 2/. 19J. 7 d. 4th. Edward Montagu, Dr to Caih, 230/. 15s. 5 th. Stock, under Edward Montagu's Direction, Dr to Ed¬ ward Montagu, 3/. 1 p. 6th. Ditto, Dr to Ditto, 1 n. 3 d. 7th'. Edward Montagu, Dr to Stock, under his Direflion, 53il.js.6d. 8th. Caih, Dr to Edward Montagu, 692/.' 9 th. Profit aiid Lofs, Dr to Ditto, • Thus far from the Queition, the next from the Ledger. See what follows this Sentence, in Richard Foul dons Journal. Dr Balance 0 : /.' r. d. ' /. r. d. To Calh.^rfo much ? 9 By Canary for its ~) • ; onHand' —' £ 3 5 Coil,' of Stock £ 952 00. ‘ rather at firfl—3 ' "By Edward Moii-~i ' tagu, fer due to jr 204 8 1283 £ 0 1283 5 o' James Varey, as a Partner , thus: ill. Stock, under Edward Montagus Direction, Dr to Sundries, 1388/. ;r. viz. To Raifins, 907/. ioj. ,To Edward Montagu, 480/.' 15s. 2d. 2d. Edward Montagu Dr. to Caih 12/. r 3.0 2dly, Stock under Edward Montagus Direftions Dr to' Edward Montagu it, 16 s. gi i. -j. 3d. Edward Montagu Dr to Stock, under his Direc¬ tion, 990/. i8r. id. 4th. Ditto Dr to Caih, 230/. 15s. ;th. Stock under the Direflion of Edward Montagu, Dr to Edward Mon¬ tagu, 3/. 1 j s. ' 6th. Edward Montagu Dr to Caih il.p. 2dly Stock under his Direflion Dr to Edward Montagu 1 Is. 3d. jth. Caih Dr to Edward Montagu 125/. 2dly Edward Montagu Dr, to Stock under his Direflion 532/. js. 6d. '8th. Sundries Drsto Ed¬ ward Montagu 1185I. 1 os. viz. Caih, 687/. 1 or. • Goods remain¬ ing unfold, 278/. Debts out-ilanding 22O/. 9th. Edward Monta¬ gu Dr to Profit and Lofs 15/. * Thus far from the Queilion, the next from the Ledger. See what follows this Sentence in Richard Poulddn's Journal. /. s.d. ToCafhperfomucli? 66 Q on Hand — 3- fi To Goods remaining ? g Ei unfold - S ' [< To Debts out-dand-? 220 0 0 ' ing -- 5 1064 17 6 253 Cr l. s. d. By Raifins forO their Cod, orjf „ Stock ratherf^ 10 0 atfirft- 3 By EdwariMon- tagu per due>- 14 g 5I to him — J> By Profit and 5 Lofs per gain->142 17 6§ ed - 3 1064 17 o Rules for journalizing Smiilsfm gueftions. • Refleftions upon Snell’s, London’s, and the com¬ bi jnon Method of keeping Co. Accompts among a :■ Merchant’s own private Affairs. ij As to Snell’s Method, which he fays in his Title Page, _ “ is : i founded upon rational Principles, and approved of by Pradtice 4 its plainly grounded upon the Dodtrine of Elections, (fee Wallis’s Al¬ ii gebra,Page iog, Appendix) and as it is the mod tedious, fo it is the ! Foundation of London’s, and the common Method, as I have de- monftratively ihetvn, in my fird Method of dating the fore-cited fix Queftions. Moreover as London’s Method is an Abridgment of ; Snell’s Method, fo is it likewife of the common Method, as it will plainly appear to any intelligent Perfon, who will pod the lad Set ; of Journals into their refpeflive Ledgers, and compare them one i with another, as well as from what next follows. If any one pleafes to view the Ledgers to the id and 4th i Queltions, before inferted at full Length, he will find that the Share of each Partner in the Co. will be found on the Goods or Voyages in Co. or at lead may be collefted from thence, and that upon the other Accompts, will be found alfo what is due from him to each of his Partners refpeftivcly, nr from them to him. Again in the Ledgers by London’s Method, will be found theTrudee’s Share, on the Goods or Voyages in Co. or at lead may be collefled from thence, and that upon the other Accompts will appear what is due from him (who here reprefents the Co.) to each of his Partners, I or from them to him, and not what is due from him to each Partner 1 refpe&ively, 254 f or journalizing Snell ’sfix Queftions. refpeftively, or from each Partner refpedtively to him, as in Snell’s M'ethod mentioned above. Method mentioned aDove. „ And in the Ledgers of the Truftee’s Partners, will be found the Share of each Partner on' the 'Goods or Voyages in Co. or at lead may be colleSed from thence, and what is due from them to the Tiultee (who here reprefents the Co,) or from him to them, will be found on the other Accompts, and not what is dneto them or by them to each other as in Snell’s Method. Again by the common Method in the Truftee s-Ledger will foe found all the Partners Shares, on the Goods or Voyages in Co. (juft as they Hand ill the Company’s Books) and on each Partner’s Accompt in Co. -his Share therein, and on each Partner’s proper Accompt, what is due to him from the Truftee (who here alfore- prefents the Co.) or by him to the Truftee. And in the Ledgers of the Truftee’s Partners, each of their Ac. compts in Go. will Ihew their Shares in the Go. and the other Ac. compts, which is due to them from the Truftee, or by them to him. And it is for this Reafo'n, that in the firft Method of Hating theft Queftions, I have firft fee down each Partner’s Share, and then all their Shares, or the whole Stock, in order to corroborate the Truth of all the three Methods. Obferve that the above Refleftions, which relate to what s due. ■ to, and by the Partner, Agent, or Truftee, from, or to their other Partners, only take Place, where SNELL’sMethpddifagreeswithtls common one; as it generally does when, thePartners_in the Co, pre more than two, as has been before obferved m the firft Method of Hating thefe Queftions. ! The Six Questions in Company ! Accompts, publifhed in the Year 1730, by ! Mr. John Jones, late Writing-Majler and ] Jccomptant in Brijiol, as Exercifes for his ■} Rules on Book-Keeping, now firft folved, and dated according to the following Me- i thods. 1 I, By a Method entirely new, 1 agreeableto theLaws oIRea- 1 son, and adapted to the Ca- | pacity of all. II. By Dodson’s Method, as laid down in his Accomp- TANT, OrMETHODoyBoOK- Keepino, where the Trullee . keeps the Company Accompts in feparate Books, and an I Accompt of what he delivers l to, or receives from the Com- I any, in his own private ooks. HI. To which is added Book- keeping in FaBory, or, the Me¬ thod made Ufe of by the Fac¬ tories in the Weft-Indies, be¬ longing to his Britannic Ma- jefty, which Method is eafily deducible from the Solution of the 5th of thefe Queftions under Confideration, as will hereafter appear. ! By Richard Roose, late Accomptant in Cbejlerfield. ( cclvii ) E FAC E. T H E Author of the following fix guefions, in Co. Accompts, it ferns, was a Gentleman of great Reputation for Accompts in his Time, as appears from Page 105, of the learned Mr.Lowe’s Arithmetic, where it is faid, that Mr. Snow (an excellent Pen¬ man and Mathematician in London J had given a Recommendation of a Piece of Arithmetic, publijhed by this Author in 1720. Be- fules, fion after-the Tear 1720, Mr. Jones publiflied a Sheet, en¬ titled, Lex Mercatoria: (if my Memory fails me not) containing Pules for Book-keeping, or Merchant's Accompts, and between that Time, and the Year 1730, two other Sheets on Co. Accompts, which were fo compleat, that little or nothing has been added thereto to this Time, efpecially with regard to Co. Accompts: From the loft of thefe Sheets the 6 following guefions are ext tabled and folved after the following Manner: if. By a Method entirely new, agreeable to the Laws of Reafon, and adapted to the Capacity of all. 0.dk. By Mr. Doclfon ’'s Method, as laid down in his Accountant, or Method of Book-keeping, who fays, that it is preferable to the common Me¬ thod for the Trufee to keep the Co. Accompts in feparate Books, and an Accompt of what he delivers to, or receives from the Compamt in his own private Books-, inpurfuance of which Method, lhavefirf given compleat Journals to the fix following guefions, as kept in ftporate Books, together with a compleat Ledger of thefirf of them, and have only fet down the refpeflive Balances to the remaining five guefions on their refpeblive Journals. Secondly, Jhave compofedfrom the guefiicns themfelves, thefcveral Wafe - Books, or new ghtefions which each refpcbiive Partner ought to mix with his own private Af¬ fairs, in order to keep an Accompt againf the Co. of what is. due to himfromthem, or from him to them. Thirdly, I have given the pro¬ per Drs and Crs as they ought to follow in thefe new guejlions, or Vdofe- Books, and have inferted them under each refpeelive Sentence f the faid Wafe-Books, which Method of proceeding is praclifd by L 1 'fine. cclviii PREFACE. fame. Fourthly, I have given a complcat Ledger to the firfi^uefim, J only as kept by each Partner in his own private Books, in order to plan out a Method for the Ledgers of the remaining five Ifhiejliom, whofe refpeflive Balances are fit down at the End of their Journals, din'd Fifthly, I have given fujficient Hints how thefe ^uefiions may befiatcdeither by Snell’s, or the common Method ; and in the Condu- fio-,1 , I have given a Jhort (but full) Account, of the Method made Ufi of by the Failors or Store-keepers, in his Majeffs Plantations in the Weft-Indies, and have Jhewn hoivthe faicl Method is plain¬ ly deducible from the gib of thefe ufiions, or however, how fid, a like (Pucfiion is fairly deducible from that Method, by which it is evident? that our Author was acquainted with the jaid Method, al¬ though 'Mr. Wefton was the firfi that publifbed it in England. 7 n conclude, as thefe ^uefions appear to be fo many Refidts of real Bufinefs, and as Mr. Mair (the Author of the lafifet of Opi¬ nions) has infected the Subfiance of tfiofi Sheets, except the %i- "'/lions in his Book-keeping Methodized (another Infiahce of m Authors Worth) and thereby occasioned them to be long out of Print ; / thought I could not do a greater Piece of Service to the Public, than to give the young Accomptant the Solutions of the fihefiiens thcmfelves , (fence they have never yet been folved that / know of) adapted to tin rmaneft as well as the highefi Capacities, which Solutions immediaU- ly follow after the Quefiions, as may be feen a little further on. ( 259 ) THE aUESTIONS. Question I. T WO Tradefmeti, George and Jofepb, made a fmall Adven¬ ture to Sea, Gwvgf put in Goods to the Value of ic/ 14;. if. I, and Jofepb put in Value 18/. 1 6s. 10 d by and by they had Returns in Merchandize, 29/. igr. 1 id. and it was all they had for their Adventure, but Jofepb paid the Infet Charges, which came to 7/. I2 j. 6d. They both agreed to take fuch Sort of thefe Infet Wares as bell fuited their Dealings; George had thereof, in Pieces of Eight, £s’r. Value 4/. 2r. 8 d. but jofepb had, in Sugar and Piemen- to, Value 25/. 171. 3 d. now they would fettle Accompts, I would know how the Matter Hands between them, by the true Method of Debtor and Creditor, which is the Debtor, and how much, with due Regard to their proportionable LolTes ? Question II. Admit two Country Carpenters deal in Timber, in Copartner- Ihip; they bought a Bargain of Trees, which coll them go/, for which Abraham Wood and Benjamin Oak paid down their 45/. each, to my Lord’s Steward, David Frufiy, in full, fince which there have happened the following Occurrences. February 6 th, Abraham Wood went to Brijlol, with a Quantity of this Timber, which he fold William Penrofe, for 42/. ;6r. 10./. whereof he received, at fame Time, in Part, 20/. igr. 4 d. and February 20th, Abraham Wood received the Reft of faid Penrofe. March 1 ft, Benjamin Oak failed to Brifol, with the Remainder of the faid Timber, which lie Mi Richard Clement, for 81/. izs.bd. of which h\i, Benjamin Oak received in Part,'the fame Time, 40/. i;r. reft to be paid in fix Months, March 20th, they bring in their biotes of Difourfe- ments, Men’s Wages for felling faid Timber, Boatage, Horfe- Hire, and their own Expences on the faid Affair; Abraham Woods Note, 4/. igr. 6 d. Benjamin Oak's Di.ftiurfements, 7/. 18s. 4;/. they defire the Accoinpt may be made up between them ? LI 260 Jones’j fix Quejlions. Question III. Suppofe a certain Widow died, leaving two Children, James and Catherine, to whom Ihe left her Subllance, Share and Share alike (except as below) now her Inventory of Goods in Cellar, was ap. praifed at 177/. is. jin', aqd the Shop-Goods amounted to 94.3/, or. 1 d. Money in the Houfe at her Death, 43/. 6 s. 6d. fince which, received in the following Debts of A, zf. zs. of RandC, 20/. of D, i\l. 1 or 10 d. and of B, 140/. all thefe Catherine received, and , had taken too the Money in the Houfe, the Wares in Shop and Cellar; flic took upon her, out of the faid Effefts, to pay her Mo- ther’s Debts, who owed to fundry Perfons, as far Lift,. 178/. Sr. 2 1 Moreover, James owed his Mother's Eftate, 40/. he had borrowed ■ of her on Bond (without Intereft) and 15/. he had received fora Debt due to her; there are alfo fundry other Debts due to the E- ftate of deceafed, which, as per Lift, amounted to 258/. gr. as to the Plate and all the Houlhold Goods, they amounted, fir dp. praifement, to 159/. but thefe were given particularly to the Daughter by the Mother’s Will, Die allowing her Brother in Lieu thereof, 50/. they now apply to an Accomptant, to have thefe Things fettled, and rightly adjufted between them. Question IV. Admit my Friend F died, polfe/Ted of feveral Eftates, who, by his laft Will, has left me as an Executor in Truft over his Widow 'i, and Orphans^; now thefe Eftates lying remote from each other, he had appointed other Truftees to receive the Rents, and to ren¬ der Accompt to me half yearly ; G, in Gleucejlerfmre, brings in his Accompt, allTaxes and Repairs dedufted, 124/. 14 s. yd. k, which I have received of him, except 6/. 14 s. which he paid the Widow in Part of her S, of Someifet, brings in his Accompt, the Neat whereof is, 54/. 2r. yd but pays me fhort, laying out Money in Town on his own Accompt that he did not expeft, 14/. zs. id. my own Colleflion here, at Brijlol, amounts to 45/. 171. 1 id, ex¬ cept 14/. which one of tlie Tenants paid me fhort. Moreover, I have paid Taxes and Repairs out of my Collection, yl. 8 s. 4 d. and alfo paid the Widow, and per her Order, at feveral Times, 2 t)l. is. 8 d. I delire that this Accompt may be exadtly Hated and regu- laily made up. Question V. Two FaSors, Robert and Samuel, failed from Brijlol, and had conligned to them from fundry Employers, divers Parcels of Goods for Sales and Returns; the faid Faftors were to be equal in Com- miffions, &c. at Length they arrived at Antigua, Robert, by Con- fent of Isamuel, took the Charge of fundry of the faid Merchandize, failed Jones’*/ a? Quejlions. 261 failed to St. Ckiflophers, where he difpofed of them, the Net Pro¬ ceeds whereof made, 600/. 2 s. Samuel' remained in Antigua , and there difpofed of the Part of the Cargo left under his Charge, which, amounted to 550/. i6j. for Employers Net Proceeds. Robert , from St. Cbriftopbers, ihipped Home for Employers Goods and Charges and Commiffions, 500/. Samuel made Returns to Employers, cool. 16s. alfo, Samuel, on Requell: of Robert, remits him, per Bill, oof. Now being returned Home, they would fettle Accompts between them; Robert brings in his Accompt of Charges for Negro-hire Boatage, Warehoufe, &c. 10I. } os. 6d: Samuel's DUbarkmentsfoi Wharfage, Horfe-hire, Storage, £srr. amount to 12I. 6t. 6d. they alfo render their refpeftive Accompts of Commiffions for Sales and Returns, viz. Commiffions, £5 U. of Robert's, amounted to 108/. and of Samuel's, 88 / now they would have the Accompt made up" and all brought to a Ealance, that they may be certain in thcfe Par¬ ticulars. 1. How much they refpeftively owe to the Employments in general. .2. How Matters ftand between each ether. 3. How much they got to a Farthing. Question VI. An Eftate left to A, B, C, By their deccafed Father D: To A, the Half, whom he lov’d bell: To B two Sixths, and C the Reft. They chofc one S, t’ receive and pay, T’ render Accompt each new Year’s Day; Who, for his Trouble, ihould have clear. Out of th’ Eftate, five Pounds per Year. Tenants were M, N, 0, P, And A himfelf was Tenant too For th’ Manour-Houfe, at twenty Pounds Per Ann. without one bit of Ground. M rented juft Hundred per Year, N, 0, P, fifty each bears, C But iMeft his in the Arrears. k A’Taxes paid, for Church and Poor Full fifteen Pounds; King, thirty more; C Repairs, fix Pounds, not laid before: C But, however, to make it good, Made feventy Pounds this Year of Wood, C Which B took to and Debtor flood, C Likewife, ntuft not forget to tell, A very near tn me did dwell, And fo receiv’d tiie full Cements 01 the faid M his whole Year’s Rents. Make up the Accompts between the Brothers, That one may have rig’;: as well as the other ? f/,. z6i Solution of JonesV fix Queftions. fk Solution of Jones’* 6 Queftions, by a Method en¬ tirely new, agreeable to the Laws of Reafon , and a- dapted to the Capacity of all. Question I. Before this Queftion can be properly ftated, it is necefiary to mate the following Calculations: /. s. d. ' l. I George puts in — io 14 4^ George takes to his Jofepb puts in — 18 16 10 own Accompt the 4 2 8 Ditto pays Charges 7 12 6 Sum of - 3 Jofepb takes to his } own Accompt the 25 17 3 Sum of - ' 3 The whole Lofs is.— 7 3 gi 37 3 By the R ule of Fellowlhip fay, 37 3 l. s. d. 7. j. d. /. r. d. /. r. d. As 29 11 2j : 4 28:: 10 14 45; 18 16 10 : 1 9 11^ for Gesrg’, : 2 12 85 for J# The Proof — -- 4 a 8 /. r. i. /. s. d. /. r. d. /. r. d. As 29 II 2 3- : 25 17 3 :: 10 14 4$ : 18 16 10 : 9 7 6J for Gurg. : 16 9 8J for Jofijili. The Proof ■- 25 17 3 /. r. d. 1. s. d. /. r. d. l. s. d. As 29 II 2 'i : : 7 12 6 :: 10 14 4'- 18 16 10 : 2 15 for Gaqt. : 4 17 for Jofipi- The Proof — — 7TT7 George Solution of Jones \s fix Shieftions. 263 Puts in for his Share— His Share of JofephV/ Charges - 5 George l. s. d. _ 1 . e. d. 10 14 His Shares of the? 1 9 nj . Returns are — S 9 7 6 J 2 15 3z His Share of the ) * Lofs is • — 5 2 12 ^ »3 9 8 >3. 9 , 8 Joseph i i.s.d. . Puts in for his Share—18 16 o ; His Share of his own? 1. Charges - S /. r. d. His Shares of the? 2 12 8i Returns are — 516 9 Si His Share of the ? Lofs is-5411 8 23 14 oi 23 14 oi /. r. d. The whole Stock is ? as before fet down 5 Jefepb 's Charges — 29 II 2i 7 iz 6 1. s. a. George, his Receipts — 4 28 Jofepb , his Receipts— 25 17 3 The whole Lofs is — 7 3 9s 37' 3 8 £ 37 3 84 Firft, when each Partner is to be accomptable for each other’s Share. ■ Joseph /. Owes George his proportional Share of his own Receipts — 9 r. d. 7 % George /. r. d. Owes Jofeph his proportional Share of his own Receipts — z 12 8i Owes Ditto his proportional Share of Charges paid by ? , Ditto - - -- 5 5 Therefore George wants of Jofeph to Balance - ;3 197 • ■' ’ 9. 7; 6 ? The next for what each Partner owes or wants of the Co. 264 Solution, of Jones’j fix Qiieftions. As Jofeph ovygs George the Sum of 3/. igx. yd. as is ihewn above and as George wants juft this Sum of the Co. confequently the tw Methods agree in this Cafe. Question II. l : ■ s. d. 1. s ,i Each Man puts in — 45 00 v of Abraham Wood's ) I of Benjamin Oates') ' Receipts - S 10 9 &' Charges is - 5 * ° i of Ditto’s Receipts is 10 18 5 w of Abraham Wood's ? i of Benjamin Oak’s j Ditto ■■■ - - S ° ° Receipts - 20 7 8 Each Man’s Gain is —10 ic o i of Richard Clement's) Debt -- k 20 h 62 4. 8 h 62 4! /. U Abraham Wood's Re-, ceipts -- S 20 ’5 < The whole Inputs— go Abraham Wood's ~b , ecipi Note is. —— S 4 ^ Ditto’s Receipts — 21 Benjamin Oak's Note? „ Benjamin Oak’s Be-j is-'.T; 718 . 4 ceipts" <— - § 40 >5 0 The whole Gain is— 21 11 6 Rd. Clement’sDebt —40174 124 9 4 124 91 Firft, when each Partner is to be accountable for each other’s Share. ... ' ' Abraham Wood /. ;. I Owes Benjamin Oak his \ of his own Receipts - 10 9 8 .Owes Ditto his y of.Charges paid by Ditto -- 3 19 t Owes Ditto his {• of his own Receipts - - 10189 !LLij Benjamin Oak l. ,. i. Owes AlrahamWood his { of his own Receipts ——— 20 7 6 Owes Ditto hisT of Charges paid by Ditto -— 2 9 9 Therefore Benjamin Oak wants of Abraham Wood to Ba -7 , ’ lance - - - S * Solution of Jones’s fix ghteftions. 265 Observation. . But if Abraham Wood takes upon him Richard Clement's Debt, then he will' owe him, befides the zl. 10s. 4 d. mentioned above, one half of that, ws, 20/. 8 s. 9 d. amounting to, in the Whole,- 2 z/. 19;. id. Again, if Benjamin Oak takes upon him the faid Debt, then he will owe Abraham Wood, 20/. 8r. 9 d, lelfened by 2/. lor. d. viz. 17/. 18/. c,d. but if neither take upon them this Debt, then Richard Clement will owe the Co. 40/. 17.0 6d. of which Sum, Abraham Wood will want 17/. i8r. 5 d. and Benjamin Oak the Reft, viz. 2 zl. 191. id. confequently the two Methods agree in this Cafe too. N. B. You may here obferve, that Benjamin Oak's Share of the 40/. 1 is. 6d. remaining in Clement's Hands, is 2/. lor. 4a'. more than the Jofit, and therefore Abraham Wood's muft be zl. 10 s. t,d. lefs, as before noticed; therefore when they take half and half, Abraham Wood will Hill owe Betjasnin Oak, zl. ipr. 4 d. as iirlt QjJ E S T. I O N III. Catherine Her i of the Debts'? owing, is —— > Her clear Share of? , the Eft'ate •— i 89 4 Her i- of Cellar? Goods - .S S! Her: -J of Shop ? Goods, is — S+ 7 : Her i of Calh re- ccived by her — ^ 12: Her ■§■ of James's ? Receipts — 5 2 ‘ Her{-oftheDcbts? due - I2 i Her Share of the 7 Plate is — S'°! /. d. 10 n£ 19 8 10 o ' 4 6 947 S 2 James M Solution of Jones ’s Jix Shtefmns. James His \ of the Debts ? < owing is - 5 His clear Share of? the Eilate — $ 7 - His v of Cellar? - Goods - 5 l. The Debts owing? g are - b ' Catherine's clear? „ Q Share is - $ 858 James, his clear?_ Share — 5 Goods o oi His -I- of Cafh re- p ceived by Cathe- C 1 z 1 19 8 His ± of his own ? Receipts — 5 ' 10 0 His i of the Debts 7 due — r 29 46 His Share of the? Plate - p Ml l. s. I The Cellar Goods 177 1 n The Shop Goods — 942 01 The Calh receiv’d ? . by Catherine — S 24 ^ * 9 ^ James owes th ?7 .Eilate - S 55 0 0 The Debts due - The Plate - 258 9 ( 1S35 10 4 1835 to 4 Firft, when each Partner is accountable for each other’s Share. Catherine Is. l Owes James his 4 of Goods in the Cellar-881011? Owes Ditto his 5 of Goods in the Shop - ■ — 471 0 oJ Owes Ditto his 4 of the Calh in her Hands - 121 19 8 Owes Ditto his Share of the Plate, &c. . 90 0 0 731 10 8 James Solution of Jones’* fix ghteftions. 267 James I. s. d. Owes Catherine her of what he owes the Eftate - 27100 Owes Ditto her i of Debts owing by the Eftate -- 89 4 1 Therefore James wants of Catherine to Balance - 614167 731 10 8 Observation. But if Catherine takes to the Debts outftanding, then fhe will owe James 744/. is. id. and on the other Hand, if James takes to them, then he will want of Catherine, 483/. 12/. id. only; confequently, if neither takes to them, then Catherine will owe James 614/.' 16 s. -,d. as fird noticed. See the laft A r . B. ' The next for what each Partner owes, or wants of the Co. As Catherine owes James 744/. is. id. provided lhe takes to the Debts outftanding, and as James will want juft this Sum of the Co. when the outftanding Debts are paid in, confequently the two Me¬ thods agree in this Cafe alfo. Qj7 e s t I 0 n IV. Her j- of Charges is Her. j of Executors ? Net Proceeds is 3 Shehas received al-? ready - £ Due to her from S — Due to her from? Tenant - 5 Widow l. s. d. _ . /. d. 2 9 J? 60 16 ro?- 2 4 8 - 4 14 °3 4 »3 4 Her i of Executor’s ? , , , Receipts - S 63 6 4“ Her f of her own? 0 Receipts -• 3. 2 ^ ° Herf of S, his Re-? r ceipts - 5 ^ *4 ° T Her i of Tenant’s? Receipts — ^ 4^4 74 18 4i 74 18 4i Mm 2 Or- Solution of Jones’s fix Queftions. Their f of Wi-O clow’s Receipts ,0 duefromExecu-f" Due to them from & Due to them from > Tenant-— 3 ,0 Their-I ofExecu -7 . , Q 4 ■ J tor’s Receipts are 3 • TheirfofWiddw’s > izi 13 9j Receipts are — $ ^ 9 ^ Their -f of S, his 7 „ Receipts — 5 9 Their f of Tenant ) , „ 4 9 4 Recei ; ts _ { 9 68 Taxes and Repairs Widow’s Share of? , Net Proceeds is \ ' Orphan’s Shareof } ; Net Proceeds is 3 d. 1. i. i. 4 Executor’s Receipts 189 19 o| , Widow’s Receipts—■ 6 14 o 110 S of Sm&fefs Re- ? x ceipts - 5 2 3 Tenant pays Exe-? cutorlhort — 3 ! 4 ° ° Firft when the Executi outifanding.. 0 be accountable for the Debts Owes the Widow | of the Net Proceeds in his Hands—'60 16 io| Owes the Executor of what (he has received of G — 4 9 4 Owes Ditto what ihe has received of the faid Executor—29 1 8 Therefore the Widow wants of the Executor to Ba- ^ 1Q , Solution of Jones’j- fix ®aeftioas. 269 S, of Somerset Owes the Widow f of his Arrears - l. s. a. 4 -H of Tenant Owes the Widow of his Arrears •- I. V. 4. 4 13 4 The Widow wants of the Executor as above - Ditto, wants of,?, of Somerfct -~ Ditto, wants of the Tenant ■ —— /. /. a. 2 7 5 »o| 4 H o| 4 ’3 4 Therefore the Widow ffill wants of the Ellate -- 36 13 3s Executor Owes the Orphans •§ of the Net Proceeds in his Hands Owes Ditto | of the Widows 61 . 14/. received by her- 1. s. a. m 13 9 | - 4 -9 4- Therefore the Executor owes the Orphans - 126 3 if S, of Somerset 1. s . a. 9 ,8 of Pwes the Orphans •§ of his Arrears -1—• Tenant /. r. a. 968 Owes the Orphans j of his Arrears -- The Orphans want of the Executor - ' Ditto, want of S, of Smier/et -- Ditto, want of the Tenant ..- /. s. a. 126 3 if 9 l 9 .6 8' Therefore the Orphans, want of the Eftate — 144 17 1 of- The next when the Executor is to be accountable for the Out- Handing Debts. Executor /. /. a. Owes the Widow ]-of the Net Proceeds - 72 8 1 ig- Widow 27° Solution of Jones’j fix gtiejlions. Widow , C. i. i. Owes the Executor what lhe has received of G —— 614 o Owes Ditto what (he has received of Executor - 2q i 8 Therefore the Widow wants of the Executor - 36 13 Executor Owes the Orphans § of the Net Proceeds — QuESTIOK V. /. r. J. I of Robert's Charges ^ i of Robert'. of Samuel's Charges? r „ . __ __ 0 3 3 Each Man’s Gain is 86 1 Robert's Charges — 10 10 6 'Robert's Commiffionis Sar/webs Charges — 12 6 6 5a mnel’s Comm i (lion it The whole Gain is—173 30 > Firft,' for what each owe their Employers. -Robert Owes the Employers, the Net Proceeds in his Hands l. s.l 600 a 0 • • Employers - 1. i.l Owe Robert, for what Returns he has made them - 500 0 0 Therefore the Employers want of Robert to Balance '— 100 z 0 600 z 0 SA- Solution of Jones’j fix Queftions. 271 Samuel ' l. s. d. Owes the Employers, the Net Proceeds in his Hands — 550 16 o Employers /. r. d. Om Samuel, for what Returns he has made them — 500 16 0 Therefore the Employers want of Samuel to Balance — jo o o 55° 16 o | The next for what each owes, or wants of each other. I Robert ] _ _ ■ 1. s. d. ■ Owes Samuel his ~ of Charges paid by Samuel. - . . 633 | Owes Ditto his -> of his own C'ommifiion - 5400 | Owes Ditto for his Draught upon him ■ ■ . 30 o o' i 90 3 3 ! Samuel i l. t. d. Owes Robert his 5 of Charges paid by Robert - 5 5 3 Owes Ditto his f of his own Commiffion -- 44 o o Therefore Samuel wants of Robert to Balance - 4018 o 90 3 3 The next for what each Partner owes, or wants of the Co. As Samuel wants of Robert 4 ol. 18r. and alfo wants juft that; Sum of the Co. consequently, the two Methods agree in this Cafe too. QjU E S T I O N VI. A l. s.d. ./. s.d. His *- of the Charges is 28 o o His-1-of his own Rent is 10 o o His Net Proceeds — 167 o o HisiofATsRentis— 50 o o His i of S, his Re- 7 q Q ceipts is - 5 His iof^’s Arrears is— 2; o o His r of B’s Receipts is 55 o o i 9 j o o 195 o o 272 Solution of Jones’ j fix QueJUons. I s.d. . 1 ^ His J of the Charges is 18 13 4 His-Jof^’s Rent is— 6 li'V His Net Proceeds — ill 6 8 of M’s, receiv- ? ed by J - 5 33 64 Hisiof S, hisRe-? ceipts - ^ 3° 9'°' His f of Ar-?- , rears is —- 5 16 x 3 4 His { ofhis own Re- ? , ’ ceipts - 5 2 3 M:, 13° O O 130 00 c /. /. a His £ of the Charges is 968 HisJof^’sRentis — 368 His Net Proceeds —55 13 4 of M’s, receiv-? - ed by A - -1. ^ i6i 3 4 His •£ of S, his Receipts 25 00 His J of $h Arrears — 8 6 8 His i- of B 's Receipts— n 13 4 65 o 0 65 0 0 . /• s.d. LU Dae to S for Trouble 500 Ah Rent is -- 2000 Taxes paid by Ditto 15 00 Ah Receipts of M — 10000 Ditto, paid King 30 ,00 S y his Receipts — 15000 Repairs - 6 00 ^s Arrears - 50 0 0 Ah \ of Net Proceeds 167 00 Bh Receipts —-- 7000 R’sf of Ditto — hi 6 8 C’s£ ofDitto — 55 13 4 39° 0 0 390 0 0 Firft when each.Partner is accountable for each other’s Share. ■‘Ik Solution of Jones's,/?* Queftions. m. ' A 1. Sid. Owes B y of his own Rent — — ... - - - 6134 Owes Ditto f of M’s Rent *— 1 - — ■■■ ^ - ■ 3.3 6 8 40 00 B Owes A | of his own Receipts Therefore B wants of A to Balance l. s. d. 3S 00 S 00 40 o o. a . i. s.d. Owes C-J of his own Rent —^- - .. 368 Owes Ditto -5 of M’s Rent -- - - . 16134 Therefore C wants of A to Balance — . 20 o o. ‘The Accompt fated between B and C ; ... - B l. s.d. Owes C-J of his own Receipts — ■ - - - — — 11 13 4 The next for what each Partner owes, or wants of the Co. /. s. d. owes C ..’ « -- —-- 20 00 Therefore A owes the Co. *-■ --- Z5 00 B C ' . ■ 1 Therefore B owes the Co. --* - -- 16134 /. s.d Therefore C wants of the Co. - - - ——«— 51 13 4 Hence it may be ohferved, that what A and B owe to the Co. is wanted by C of the Co. N n Ihi X 2,74. Soliition of Jon.esV fw fhtejtions. The Jccrnpt ftaiedbetween S, and A, Bi G, and firfi when S is not accountable for the Debts outjtanding. ' r .."T /. s. i. Owes A~ of his own Net Proceeds — 47 o o 3 Owes of his Rent in Arrear . .. 25 00 ' - ■ ' , . • ' . 72 o 0 A l. 1. i. Owes the Co. before fet down -- - 25 00 Therefore A wants now of the Co. to Balance — 47 o 0 72 0 0 Owes-gy of his own Net Proceeds 31 6 8 ■ ■ • Owes . 5 of his Rent in Arrear ' v 16 13 4 • .~ 48 1 0.0' Owes the Co. before fet down Therefore B wants'howof the Co.To Balance ~ Id s.'l 6 T 3 4 41 6 8 . .- .4? 0.0 v , S Owes C"l of his own Receipts /. S.d. >s 13 4 - • ■ . c £ Owes C J of his Rent in Arrear — 8 6 8 Therefore C wants here of the Co. to Balance —-- 0 0 r C wanted before of the Co. -■ ■ /. s.d. 2 . 4 ; 00 3 ‘ >3 4 Therefore C wants now of the Co. to Balance 55 - 1*3 4 Tk Soliitibnidf jmii , s : fix 'guejlibns fheAccomptfiatedbetweenS^ and A, B, C, wM' S is ■ fo'be accountable for the ciitfianding Debts. ; ' ■; j . - 7. s. J. Owes .7 ■£ of'his own Net'Proceeds r —:-‘ 72 o o' Owes $ (who nowTeprefentsthe' Co,). Therefore ^'want’s ofS to Balance "" ' Owes B f of his own Net Proceeds — — . ;. . b •, . 1 sc .d. Owes S (whonow reprefents the Co,) T •—=-- 6,13 4 Therefore B wants of S to Balance --- 41- 6 8- $ l. s.d. Owes C £ of Jus own' Net Proceeds: --- 24 o o Owes Ditto what he wants of the Co. before fet down — 31 13 4 Therefore C wants of the Co. to Balance' - 55 13- 4- Before I' pro'ceed to the journals of thefe Qgellions, I (hall next lay "down Tome'general Rules, both’for unfixed' and fixed Compa¬ nies, whefeb’y to'enablethe young AcCo'mptanf to journalize thefe and the following Queflions. General Rules to be obferved for journalizing Co. Ac- compts, ■ when kept in feparate Books, whether the Co. ; be unfixed or fixed. And \Jl 3 of unfixed Companies. Every Co. which intends to trade, mull have a Stock or Fund raifed by. the feveral Partners, conllitutirig the/ame, which Co. may be either unfixed or fixed, that is, the leveral Partners may vary, or withdraw their feveral Shares of the Stock when they pleafe, or they may continue the fame Shares from the Time of their beginning N n 2 to 2 y6 Solution of Jones’s fix gueftions. to Trade, to the Time of their leaving it off.' Again, every Part¬ ner may have one Acconipt, or he may hqve two, or Stock rather atCiz x a firft - 5 ' By Profit and Lofs,? gained -- 5 10 *5 9 22 19 1 22 r 9 * Question 3d, Journalized ly the Co. or any indifferent Perfon for them. This Queftion, it is evident, is nothing elfe but Factorage in Co. and is of the fame Nature as that laid down in April the 2d, Wafte- Biiok ift, of the preceeding Treatife of Book-keeping, and there¬ fore may be journalized by the fame Rules. its. Catherine Dr to Stock, 1363/. is. 4 d. for fundry Goods in the Cellar and Shop, as alfo for the Calh in the Houfe, and for what Ihe has collected (which was outftanding) all which ihe has taken to her own Accompt. 2d. Stock Dr to Catherine, 178/. 8/. 2I for the feveral Debts owing by the Eftate, which ihe has taken upon her to pay. 3d. James Dr to Stock, 55/. for what he owes the Eftate. 4th. Debts outftanding Dr to Stock, 258/. gs. for the feveral other Debts which are ftill owing to the Eftate, by fundry Perfons, as per Lift. 5th. Catherine Dr to James, 50/. for liis Share of the Plate and Houlhold Goods which were left particularly to Catherine, upon her paying him 30/. 6th. Stock Dr to Sundries, 1498/. zr. id. viz. To Catherine, 749/. is. id. for her clear Share of the Eftate in halves. To James, 749/. is. id. for his clear Share ofDitto. Let outftanding Debts be carried in Halves to Catherine's and James 's Accompt, according to the Method now ufed in Fafto- ry, hereafter to be ihewn, fince they belong to neither, but to both, and let the Balance be collefted, and then it will Hand thus: j)r Balance Cr. 1 . s.d. 1. i. d. ! ToCatherine,daeby^ l ^ ^ ^ By James, due to him 614 16 7 But if Catherine takes upon her the outftanding Debts, then the Balance will ftand thus: 288 Solution of Jones’.? fix Queftions. Balance l. ■ S.d., 1. s. I To Catherine, due by? , , , By Jams, due to him 744 I 1 her -- S 744 Moreover, if James takes upon him the outftanding Debts, then the Balance will Hand thus: Balance l. s. d. 1. s. 1 To Catherine, due by ^ ^ J2 J By Jam, due to him 744 1 t To Debts outftand- 7 g ing^AiH owing— 5 5 J 744 1 1 744 M Seethe Balance of the Co's Books, in the Ledger to the if Shiejlior. lefore viferted. Catherine thus, in her own private Books. ift. I have taken to my own Accompt, the following Commodi¬ ties, in Co. with Jam, mix. Cellar Goods, to the Value of 177/. i.(. i id. Shop Goods, to the Value of 942/. os. id. Caih in the Houfe, and what I collected, to the Sum of 243/. 19/. 4 d. Sundries Drs to the Co. 1363/. is. if. viz. Cellar Goods, 177/. u. 11 d. Shop Goods, 942/. os. id. Cajh, 243/. 1 gs. 4 d. 2d. I have alfo taken upon me, to pay out of the faid Effedls, in Co. with James, the Debts that are owing by the Eftate, in Co, with Ditto, which amount to 178/. 8r. zd. The Co. Dr to fundry Perfons, 178/. 8j. zd. 3d. I have, in Debts outftanding, not yet come in, to the Value of 129/. 4 s. 6d. as appears by the Co’s Books. Outfanding Debts, Dr to the Co. 129/. 4;. 6 d. 4th. I have Plate and Houlhold Furniture, to the Value of 159 1. out of which, I am to pay James 30/. as per Will. Plate and Houfisold Goods, Dr to Sundries, 159/. viz. to Profit and Lofs 109/. to the Co. 50/. 5th. My clear Share of the Eftate, in Co. with James, amounts to 749/. ij. id. as appears by the Co’s Books. The Co. Dr to Profit andLofs, 749/. is. id. Colled the Balance, and it will Hand thus: Dr Solution of JonesV fix Quejlions. To Cellar Goods, ? their Value- S' 77 . 111 To Shop Goods? D i tt0 - $94* ° i To Calh on Hand — 243 19 4 ToDebtsoutftand-? • , v ing, due - 5 9 + 6 ToPlateandHouf-7 hold Goods — 3 ™ Byfundry Perfons? . due to them — 5 By Profit and Lofs ? , for Gain — S By the Co. due to ? . them - 5 But if I take upon me the Debts outflanding, then the Balance will Hand thus: To Cellar Goods —177 in By fundry Perfons) „ To Shop Goods — 942 0 1 due - i ' To Calh on Hand—243 19 4 By Profit and Lofs? g „ To Debts out-? „ gained — S 5 Handing, due—5 * 9 By the Co. due to ? _ To, Plate and? them - S Moreover, if James takes to the Debts outflanding, then the Ba¬ lance will Hand thus: ' Balance To Cellar Goods — 177 1 1 To Shop Goods —'942' o To Calh on Hand 243 19 By the Co. due to ? them - 5 Pp 290 Solution of Jones’j fix gkeJUons. fumes thus, in his own private Booh. 1 ft. I am indebted to the Eftatc, in Co. with Catherine, the Sum of 40/. which is due on Bond, and 15/. beftdes, which is in ready Money by me. Sundries Dr to'the Co. 55/. viz. Bond 40/. Cajh 15/. 2d. I have, in Debts outftanding, not yet come in, to the Value of 129/. 4*. 6d. as appears by the Co’s Books. Outftanding Debt's', Drs to the Co. 129/.4J. 6 d. 3d. My clear Share of the Eftate, in Co. with Catherine, amounts to 749/. lr. id. befides ;o/. that lhe is to pay me out of the Plate and Houlhold Furniture, purfuant to my Mother’s Will. The Co. Ur to Profit andLofs, 799//Ir. id. Colleft the Balance, and it will Hand thus: Dr Balance Cr 1 . s.d. ■ ■■■ 7. ' s.d. To Bond - 40 00. By . Profit and Lofs^ ToCalhonHand— 15 00 for my Gain — S'™ 1 To Debts .outftanding 129 4 6 TotheCo.due-tome 614 16 7 799 1 1 7 99 1 > But if Catherine takes upon her the Debts outftanding, then the Balance will ftand thus: " Dr , Balance Cr I l., S.d. , .. , l. S.d. To Bond — 1 - 40 o o By Profit and -Lofs?.^' ToCalhonHand— 15 00 for my Gain — 799 1 1 To the Co. due tome 7.14 1 1 ’ 799 1 * - 799 1 1 More- Solution of. JonesV fix Quejlms 291 Moreover, if I take upon me. the Debts outftanding, then the Balance will Hand thus: Dr Balance , Cr l s.d. 1. s.d. To Bond which 1 1 By Profit and Lofs} have - 5 4° ° for my Gain — $ 799 11 ToCaihonHand — 15 00 To Debts outftand- ? „ ing due to me — 5 2 -* ^ ° To th e Co! due to > me ■- N ^ 3 799 » 1 Question 4th, Journalized by the Co. or hy any indiffe¬ rent Perf on for them. This Queftion too, is plainly Factorage in Co. differing from the lall only in this ; that whereas in the former, the Effects left are under the Management of the Partners, in this they are left to the Care of a Truitee who is here confidered to aCt in Conjunction with the Partners. iff. Sundries Drs to Eftate op F,. in Truft of Executor, r 24/. 141. 7 d.i, viz. Executor 118/. ps..jd. £, for what he has received of G of GYoiiceJterjhire. Widow 61. 14/. for what fhe has received of Ditto, zd. Sundries Drs to Ditto, 54/. zr. ■ji. viz. Executor 40/. os. 6d. for what he has received of S of Somerfet. S of hmerfit, •14/. 2s. id. for what is ftill owing.by him. 3d. Sundries Drs to Ditto, 45/. 17 s. nd. viz. Executor 31/. 17J. nd. for what he has collefted himfelf. Tenant 14/. for what is ftill owing by him.. 4th. Eftate of F, in Truft of Executor, Dr to Executor, 7/. 8s. 4 d. for Taxes and Repairs..paid by him. 5th. Widow, Dr to Executor, zgt. is. 8d. for what ihe.has received of him in Part of her Share. 6th. Eftate of F, in Truft of Executor, Dr to Sundries, Z17/. 6s. qd. i, viz. To Widow, 72 /. 8r. 1 id. a, for her j of clear Eftate. ToOrphans, 144/. 17/. 10 d.\, for their | of Ditto. Colled the Balance, and it will Hand thus: 799 1 1 Dr 292 Solution of Jones’* fix Shtefiions. Dr Cr To Executor due? by him •- ^ 153 To S of Somerfet ,? due by him — S To Tenant, due by? him - 5 ' ^ s.d. 9 of z 1 o o By Widow, due to? 3 6 *3 3 k ’the Executor thus , in his own private Books. The Wade-Book to this Journal is, properly fpeaking, the Que. ilion itfelf, and might have been introduced into the preceeding Treatife of Book-keeping thus: •- ill. Sundries Drs toEllate of F, under my Care, 124/. 14 s. 7 d.\, •via. Calh, 118/. cu. •ji. {, for what I have received of G of Gku- ceprjinrc. Wjdow, 6/. 14 s. for what file has received of Ditto, zd. Sundries Drs to Ditto, 54/. 2 s. 7 d. •viz. Calh, 40/. or. 6 d. for what I have received of S of Somerfet. S of Somerfet, 14 1. 2s. id. for the Remainder due. 3d. Sundries Drs to Ditto, 4;/. 17;. 1 id. •viz, Calh, 31/. i p. ud. for what 1 have received at Briftol. Tenant, 14/. for the Remainder due. 4th. Eftate of F, under my Care, Dr to Calh, 7/. 8r. 4 d. for Taxes and Repairs paid by me. 5th. Widow, Dr to Calh, 29/. is. 81 i: for what I have paid her in Part of her Share. ' Colleft the Balance, and it will Hand thus: Dr Balance Cr To Cadi, for fo? much on Hand— S * 33 To 6’ of Somerfet,'} due by him — 5 ^ To Tenant, due by P him -7-r— 5 ^ s. d. , 9 °i 2 1 By Widow, due? to her -- S By Orphans, due ? to them — 5 /. r. i. ■36- *-3 3 k 144 17 rof pblerve, as the Executor was confidered to aft in Conjunftion with the Partners in the former journal, fo here he is confidered to ail both for himfelf and them. " Widow Solution of Jones’* fix Quejlions. 293 Widow thus, in her own private Books. lit. I have due to me, in the Hands of the Executor, 72/. Sr. lid. J, for my clear Share of my Hulband’s Ellate, as appears by theExecutor’s own Accompt. Executor of F, Dr to tty clear Share of the Efate in his Truf, yzl. 9s. I id. -%■ 2d. I have received, of G of Ghuceficrfhire, by the Order of the Executor, 61. i J .\s. in Part of my Share of my Hulband’s Ellate. Cap}, 72 his Trull: — J 72 8 n-J 72 8 1 i-t Orphans thus, in-their own private Books. ill. We have due to us, in the Hands of the Executor, 144/. 171.' 10 d-'j, for our clear Share of our Father’s Ellate, as appears by the Executor’s own Accompt. Executor of F, Dr to our clear Share of the Efate in his Truf, 144/. 171 . 10 d 4 . ‘ • ■ Collect the Balance, and it will Hand thus: Dr Balance Cr . 1. s. d. 1. s. d. ToExecutorof E,\ , By ourclearShare"? due by him — \ • 3 of the Ellate in >144 17 iot- - his Trull - S Question 5th, Journalized by the Co. or by any indiffe¬ rent Perfon for them, This Quellion is alfo Fadtorage in Go; but is different from either of the other, for here a Co. is employed by a Co. and will admit of two Senfes or Conftrudtions, viz. one when the Commiflion receiv¬ ed 294 Solution of JonesV fix Shieftions. ed and Charges paid by Robert and Samuel, is their own proper Calh, as alfo the 30/. Bill, and another when they belong to the Co. According to the ill Senfe or Conftruftion, is the following Journal compofed by the Co. or by any one for them, and the lat¬ ter will be lhevvn when I come to treat of what is more properly called Factorage, which I ihall do by and by. Observation. As the Accompts of Robert and Samuel belong to two different SubjeSs, ‘viz. one to the Employers, and the other to Faftorage, fo they mult each be balanced by two different Balances, the one refpefting the Employers, and the other the Co. as is done below; otherwife you mult give them two different Accompts, ‘viz. one for the Employers, and one for Faftorage, and then you will have one fwgle Balance in each applied to two different Subjefts, which will anfwer to the Balance below, mutatis mutandis, but the following Method is the more Concife. lit. Robert Vt to Employers, 600 1. 2s. for the Goods which he takes, upon him to difpofe of. 2d. Samuel!) r to the Employers, 550/. 16,-. for the Goods that he takes upon him to difpofe of. 3d. Employers Drs to Robert, 500/. for the Returns made by him. 4th. Employers Dr to Samuel, ;oo/. 16 s. for the Returns made by him. 5th. Robert Dr to Samuel, 30/. for Samuel's Remittance to him, 6th. Faftorage,Dr to Robert, 10/. ips.Sd. for Charges paid by him. 7th. Ditto Dr to Samuel, 12/. 6 s. 6 d. for Charges paid by Samuel. 8th. Robert Dr to Faftorage, 108/. for'his own Commiffion. gth. Samuel Dr to Ditto, 88/. for his own Commiffion. 10th. Faftor¬ age Dr to Sundries, 173/. 3.1. viz. To Robert, 86/. 1 It. 6 d. for his Share of the Gain. To Samuel, 86/. 11s. 6d. for his Share of Ditto. Colleft the Balance, and it will Hand thus: Dr Balance' Cr /. s.d. /. s.d. To Robert, due byD By Employers, due? him to the Em- > ico 2 o to them — $ -> plovers .- J» By Samuel, due to? g To Ditto, due by? s him b y Robert —5 4 him to Samuel — $ ^ To Samuel, due by ? him to the Em-£- 30 0 0 ployers - J> 191 00 191 o o Robert Solution of Jones’* fix Qneftions. 395 Robert thus, in his own private Booh. ill. I have in ready Cadi, 600/. 2r. which I have made of the ?fet Proceeds of my Employer’s Goods. ’ Cap, Dr to Employers, 600/. 2r. 2d. I have made Returns to my Employers, in Goods, Charges, and Commiffions, which I charge as Calh paid by me, to the a- mount of 500/. Employers Dr to Cap, 500/. 3d. I have received in ready Money, 30/. for Samuel's Bill re- Cap Dr to the Co. 30/. 4th. I have paid for Negro-hire, Boatage, Warehoitfe Room, 1 st. to the amount of 10/. ioj. 6 tl. Ibe Co. Dr to Cap, 10/. tor. 6 d. jth. I have flopped in ready Money, 108/. for my Commiffions of Sales and Returns. Cap Dr to ibe Co. 108/. 6th. My clear Share of the Co’s Gain, amounts to 86/. us. (si. as appears by the Co’s Books. The Co. Dr to Profit andLofs, 86/. Its. 6 d. Colleft the Balance, and it will liand thus: Dr Balance Cr l. S. d. ■ l. s. d. ToCafh,forfomuch? ^ By Employers, due? onHand — ' to them — 5 ° Z ° By the Co. due to ? 0 them' - § 40 I8> By Profit and Lofs, ? g5 j 5 for my Gain — 5 227 n 6 ; Samuel, in his own private Books thus: id. I have in ready Calh, 350 /. l6r. which I have made of the NetProceeds of my Employer’s Goods. Cap Dr to Employers, 5; ol. 1 6s. 2d. I have made Returns to my Employers, in Goods, Charges, and Commiffions, which I charge as Calh paid by me, to the a- mountof 500/. 16s. ! Employers Dr to Cafis, 500/. 1 6s. ; 3d. I have remitted Robert a Bill, for which I have paid in ready ' Money, 30/. 2 $6 Solution of Jones’.; fix Quejlions. The Co. Dr to Cajb, 30/. 4th. I have paid for Horfe-hire, Wharfage, Storage, &c. to the amount of 12/. 6 s. 6d. The Cl. DrtoCaJh, 12!. 6s. 6d.~ 5th. I have flopped in ready Money, 88/. for my Commiffiojis of Sales and Returns. Cajh Dr to the Co. 88 /. 6th. My clear Share of the Co’s Gain, amounts to 8 61. 1 is. 61 as appears by the Co’s Books. TheCo. Dr to Profit and Lofs, 8 61. \ ir. 6d. Collect the Balance, and it will (land thus: Dr ‘ Balance Cr I s.d. 1. s.L To C?.(h forfomuch ? By Employers, due? on Hand - $ 95 '3 6 > toth ‘ m ' - £ 5° 00 To the Co. due to me 40 18 o By Profit and Lofs,? n , . for my Gain-$ 86 116 136 h 6 136 n 6 Question 6th, Journalized by the Co. or by any indiffe¬ rent Perfon for them. j This Queftion is, properly fpeaking, Factorage, in Co. too, and is of the fame Nature as Queftion the 4th foregoing, differing from it only in this, that whereas the EffeCts in this Queftion, are left to the Care of a Truftee, with an Allowance for his Trouble, in that they are left to his Care without any Allowance, and as in that the Truftee was confidered to aft in Conjunction with the Partners, fohe is in this too. ill:. Eftate of,D, Dr to 5, 5/. for his yearly Allow¬ ance. 2d. A, Dr to the Eftate of D, 20/. for his yearly Rent of the Manour-Houfe. 3d. M, Dr to Ditto, 100/. for his yearly Rent. 4th. Sundries Dr to Ditto, 200/. viz. S iyo/. for the year¬ ly Rents which he has received of N, 0, P. 4 ? 50/. for his yearly Rent left in Arrears. 5th. Eftate of D, Dr to S, 51/. for Taxes, isc. paid by him. 6th, B, Dr to Eftate of D, 70/. for iomucli re¬ ceived by him for Timber. 7th. A, Dr to M, loot, for the Rent which he has received of M. 8th; Eftate of D, Dr to Sundries, 3 34/. viz. To A, 167/. for his 4 of the clear Eftate. To B, 11 A 6 s. 2d. for his i of Ditto. ToC, 55/. 13.1.4 d. for his-£ of Ditto, ColleCt the Balance, and it will (land thus; Bt Solution of JonesV fa QueJUons. . '297 J)r Balance Cr l. s. d. 1. s. d. To J, due by him — 94 0 0 By A, due to him — 47 o o To due by him— 50 o o By B, due to him— 41 6 8 By C, due to him — 55 13 4 144 00 144 o o . S thus , in his own private Books. The Waile-Book to the following Journal is, properly fpeaking, theQueftion itfelf, for as in the former Journal, he was confidered to aft in Conjunftion with the Partners; in this he is confidered to aft both for hirofelf and the Partners, or the Sharers of the Eftate. 1 ft, Eftate of D, Dr to Profit and Lofs, 5/. for my yearly Allow¬ ance. 2d. At Dr to Eftate of D, 20/: for the yearly Rent of the Manour-Houfe. 3d. Sundries Drs to Eftate of D, y.ol. viz. Calh, i;o/. for what I have received of N, 0, and P. M, root. for his yearly Rent ftill due. JfV 5 ol. for his yearly Rent left in Arrears. 4th. Eftate of D, Dr to Calh, 51/. for Repairs and Taxes paid by me. 5th. B, Dr to Eftate of D, 70 1. for the Timber fold off the Eftate this Year. 6th. A, Dr to M, tool, for .M’s yearly Rent which A has received of him by my Order. Colleft the Balance, and it will Hand thus: Dr Balance Cr /. s. d. 1. s. d. To Calh, for fo much? By A, due to him —47 00 on Hand - <>99 By B, due to him —41 6 8 To A!, due by him— 50 o o By C, due to him — 55 13 4 By Profit and Lofs, ? for my Gain — 3 500 >49 ° o >49 0 0 And in this Manner might this Queftion have been introduced into the preceeding Treatife of Book-keeping. A thus , in his own private Books. ift. I have taken the Manour-Iioufe belonging to the Eftate of Father D, at 20/. per Ami. The Manour-Houfe, Dr to S, 20/. Q^q 2d. I 29.8 Solution of Jones ’s fix Queftions. 2d. I have received of M, ioo/. for liis yearly Rent belonging to the Eftate of Father D, for which I am accountable to S. Cap, Dr to S, ioo/. 3d. I have due to me from S, 167 1. for my | of the clear Eftate of Father D, under his Care. S, Dr to my clear Share of the Eftate of Father D, 167/. Coiled the Balance, and it will Hand thus: Dr Balance Cr l.s. d. 1. t. d. To the Manour-Houfe 2000 By my clear Share of 1 ToCalh on Hand — 100 0 o the Eftate of Fa->167 0 0 To S, due from him =— 47 o o therD - 3 167 00 167 0 q B tints, in his own private Books. ill. I have received of S, 70/. which he has made this Year of Timber, on the Eftate of Father D. Cap, Dr to S, 70/. 2d. I have due to me from S, 11 it. 6s. 81/. for myf of the clear Eftate of Father D, under his Care. S, Dr to say clear Share of the Efate of Father I), ml. 6s. 8 d. Collefl: the Balance, and it will Hand thus -. Dr Balance Cr /. s.d. 1. s.l ToCalh on Hand — 70.00 By my clear Share of 3 To 5, due from him — 41 6 8 the Eftate of Fa-hiu 6 8 ther D —:— 3 m 6 8 in 6 8 C thus, in his own private Booh. iff. I have due to me.from S, 55/. 131. 4 d. for my | of'the clear Eftate of Father D, under his Care. S, Dr to my clear Share of the Eftate of Father D, 55/. 131. 4 d. polleCt the Balance, and it will Hand thus: Solution of Jones’s ftx Queftions. To S, due from him— 5513 4 By my clear Share of '> the Eftate of Fa- >55 13 4 ther D - 3 Observations. 1 ft. If the Learner be inclined to journalize the ift Queftion by Snell’s, or the common Method before laid down, the Balance at laft, in the Partners refpeftive Books, will ftand as before fet down in this Queftion. 2d. Moreover, if he be inclined to journalize the 2d Queftion by Snell's, or' the common Method before laid down, and Abraham Weed takes upon him Richard Clement's Debt, then the Balance, in Wood's Books, will ftand thus: Dr Balance • Cr By Calh out of Poc- j ' ket, or Stock — J By Profit and Lofs, j for my Gain — 5 But in Benjamin Oak's Books, the very fame as before fet down in this Queftion. 3d. Likewife, if he be inclined to journalize the 3d Queftion by Snell's, or the common Method before laid down, and Catherine takes upon her the Debts outftanding, then he will find the very fame Balance as is before fet down in the Partners refpedlive Books, viz. the 2d Balance in this Queftion. 4th. Alfo, if he be inclined to journalize the 5th Queftion by Snell’s, or the common Method before laid down, then he will find the very fame Balance as is before fet down in the Partners refpective Books in this Queftion. 5th. And in Regard to the 4th and 6th Queftions, which are purely Faftorage, you have them compleatly ftated when the Truf- tee is to be accountable for the Debts ouiftanding, but if he is not Qjl 2 to 300 Solution of Jones’.? fix ghteflions, to be accountable for the Debts outftanding, then the following Balances will (hew their State in their refpeflive Books in this Cafe too. And iirfl of the 4th Queftion. Executor thus, in his own private Books. Dr Balance Cr .1. s.d 1. s. d ToCafh,forfomuch? . , By Widow, due to? „„ . on Hand — £'53 9 ller - \ 27 S io 5 *53 9 153 9 Widow thus, in her own private Books. 1. s. d l. To Executor, due^ by him - S To S of Somerfet, 7 Ditto •- S To Tenant, due by 7 him - 5 To Calh, for fo5 much on Hand 5 27 5 l0 6 4 >4 4 *3 4 35 >5 8 By Ellate of F — 72 r. d 8 11* 72 8 11& 8 itfi- Orphans thus, in their own private Books. 1. s. d , l. r. d. To Executor, due ^ ^ ^ By Eftateof F — 144 17 ioj To S of Somerfet,7 g Ditto — $ y ToTenanvdue> g g g 144 17 10'- 144 i7 Secondly, Solution of Jones’j fix Shtejlions. 301 Secondly, of the 6th Queftion. S thus, in his own private Booh. Sr Balance O l. s. d. To Calh, for fo much ? „ onHand-S" 1 . s. d. By Profit and Lofs, 5 for my Gain — ^ S 0 0 By A, due to him — 47 00 By i>, due to him — 31 6 8 By C, due to him — 15 13 4 99 99 0 o A thus, in his own private Books. To S, due by him — To the Manour-Houfe To§, due by him — ToCafli, for fo much? onHand — 5 47 2 5 100 By Eftate of Father ~p D, for my clear >167 Share - j By B, due to him — 5 By C, due to him — 20 s.d. i 9 z o o B thus, in his own private Books. 'Dr ToS, due tome — To A, due to me ~ To^, due to me — To Calh, for fo much Balance Cr l. s.d. 1. s.d. 31 6 8 By Eftate of Father O 500 D, for my dear > 1 n 68 16 13 4 Share —-J> 70 o 0 By C, due to him — 11 tj 4 123 o o 123 00 C thus. 3<32 Solution of Jones’.? fix ^ueftioits. C thus, in his own private Books. Dr Balance Cr' l. s. d. ToS, duebyhim — 15 13 4 To A, due by him — zo o o To duebyhim— 8 68 To B, duebyhim — n 13 4 55 4 55 »3 4 6th. By duely obferving the Co‘s Ledger, and each Partner in his own private Ledger, the intelligent Learner may perceive, that thofe Articles that go to each Partner’s Accompt in the Co’s Led. ger, are called by their proper Names in their own private Ledgers, but go without any in the Co’s Ledger, which when he is or.ce ap¬ prized of, he will find it very eafy to transfer the Articles from the one to the other. See the ill Set of Ledgers. l. S.d. By Eftate of Father 0 D, for' my clear >55 13 4 Share --■ J 3d. AJhort Specimen of Book-keeping in Factory, or tk Method made Vfe of in the Weft-Indies, by the Fee- tors or Store-keepers there. I N order to the underftanding hereof, it is proper here to obferve, that Merchants who employ Faflors in xAn Weft-Indies, always pitch upon two or more in one Houfe to do their Bufinefs, and al¬ low them Commiffions, &c. for their Trouble; and fometimes they fend them from- England, as in the prefent Example, with the fame Allowances; and that their Method of keeping Accompts ms/ be better underftood, it is proper here to- deferibe the Books anil 'Accompts generally made Ufeof by thefc Fafiors or Store-keeper;. And firft of the Books. Faftors make Ufeof the five following Books, viz. id- The In¬ voice-Book. 2d. The Wafte-Book, with its Subfidiaries. 3I The journal. 4th. The Ledger. ;th. The Sales-Book. 1 ft. The Invoice-Book contains the Quantity of Goods delivere to the Faftors for Sale, together with their Coft and Charges. Sr the Form hereof in the following Specimen. r "Book-keeping in Failory. 303 N. B. Before I proceed to defcribe the Wafte-Book, I fhajl here defcribe the Subfidiaries, and as I have already given you a Speci¬ men ofaCafh-Book in the Journals to Snell's 6th and laft Queltion, which is one of the Subfidiaries to the Wafte-Book, I (hall here give you a D.efcription of the other fubfidiary Book, called a Memo¬ randum Book. The Memorandum.Book, is a Book made Ufe of in the Store, by the Store-keeper, to fet down the Quantity of Goods daily fold therein, together with their Price, which in the Evening he enters in the Wafte-Book, and pays one of the Faftors who have the Ca(h-Book by Turns, what Ca(h he has received, who enters it in the Cafh-Book, and as an Acknowledgment of~the Receipt of in¬ puts the firll Letter of his -Sirname before the Sum that he has re¬ ceived, which is all the Receipt given to the Store-keeper by the Faftor. ad and 3d. The Wafte-Book and Journal ufed by Faftors, differ in tlieir Form, fome from the Memorandum Book (juft now defcribcd) from the Bills of Parcels of Goods bought, and of thofe flopped off, compofe a regular Wafte-Book ; in this every Thing is fet down at full Length, and to it a Reference is made for Parti¬ culars from all the .other Books, and in this Cafe the Journal con- iifts of no more than a Lift of the Drs and Crs (fee the ill Method.) Again, others from the faid Memorandum Book, and the Bills of Parcels of Goods bought and lhippedoff, compofe a large Journals called a Day-Book, in which the Drs and Crs are inferred, and every Thing fet down at full Length, and from'this they direftly poll to the Ledger (fee the 2d Method.) And fome ufe a contraft- ed Journal too, which is nothing but an Abridgment of the faid Day-Book, though one only is fufficient. 4th. The Ledger is Only a Collection of the Drs and Crs which are inferted in the- contrafted Journal or Day-Book, without any Regard to the Quantity of Goods bought and fold, or the Time when a Debt becomes due, as in Wholefale Trade. See the Form pf the-Ledger itfelf, and the Defcription of its Accompts inferted before it, for all the further Inftruftion neceffary. ■ 5th. The Sales-Book is only a Counterpart of the Sale in the Ledger, and is headed from the Invoice-Book, according to the Direftion of the Faftors, and has a Column that refers to the Wafte- Book or Day-Book before that of the Month, and the Day of the Month, as the faid Wafte-Book or Day-Book refers to it by the like Column. See the faid Books themfelves for all the Inftruftion further neceffary. To what is here faid, I will add a few Particulars. Faftors in the Wejl-Lniles , buy and fell all Goods (except fuch as are fold by Invoice Weight) by the fhort Hundred, confiding of 304 Book-keeping in FaElory. 1 ooft, but weigh by the Grofs Hundred, confiding of 112ft. The Mercantile Method of calling them up, is as follows, r add accordingly- is balanced.'by carrying the Difference.roi eachiof, the faflors Accompt Current for his refpefliveShare.hereof, if . 13 th. Partner, 16 Dozen Men’s Pumps, at 5 js. -' Z ° iz Dozen Boy’s Ditto, at 39/. . —-— 23 8 o M. B. 8 Dozen Men’s Shoes, at 58/. -■ 23 40 6 Dozen Boy’s Ditto, at 41*. - 12 6 o 20 Pairof Boots, .at igs. — ; — 19 o o 100 Pieces of Linen, containing —- ? 2000 Yards, at 12 i. ——- 5 ' ° 6 Boxes Mould Candles, viz. 1 Cheft China, at r-— — Charges as per Particulars on the File Jacob Tubs and Michael Bottoms. 2d. Brijiol, September the 29th, 1 759 * Received of Jacob Tubs and Michael Bottoms, the following Lift of Negroes for Sales and Returns, C. Commiflion and Storage 3 P. Profit and Lofs -- 1 .Or. ' D. Debts accomptable -- 3 R. E. ’ s.. F. Firks, Jacob -■- 2 T. Tubs and Co. Sale per Ragle — 1 Tubs and Co. Sale of Ne- ? groes, p>cr Eagle - ^ 3 Tubs and Co. Accompt Cur- ? ^ G. Ii. I. U. Jones Jofcpb __— 2 Jebby John --- 2 W. Wharfage and Negroe-hire '( Accompt - 3 ,K. L. Logwood Accompt -- 3 M. Merchandize Accompt — 2 X. Y. Z. T t 2 Dr 324 (i) The LEDGER. i 7 6o. Dr Cajh. .£■ j. d. Ja„. i. To Jacob Tubs and Co. Sale per Eagle — IKO 0 To Ditto — — 288 4 8. To Ditto — — 21. 2 To fundrv Accompts -■ 3 to 4 22. To Simon Bell - 81 ‘4 2 6. 3 To Merchandize Accompt ■-— '3 1 o' Mr,-. 2. To Jacob Tubs and Co.- Sale of Negroes, per Eagle - - '55 18 °4 ' 4 - (.To fundry Accompts 646 0 i6 47 6 J , 7 6o. Dr Robert NickfonV Accompt Current. . Mar. 6. i To Calh — — — 3 ° 0 To Ditto — - n 6 86 n 6 i 7 6o. Dr Samuel NickfonV Accompt Current. March 6. To Cajh ~ - 86 n 6 i 7 6o. Dr Jacob Tubs and Co. Sale per Eagle. Jan. 20. 2 To fundry Accompts - 8.45 6 8 845 6 8 i 7 6o. Dr Profit and Lofs. 22. 2 : To Simon Bell - — 2 : 4 6 o- 1 To fundry Accompts —.. - ■ '73 '77 9 The L E D G £ £. (0 325 1760. N°. I. Per Contra Cr. £. r. d. Jan. to. By Jacob Tubs and Co. Sale per Eagle — 161 10J 24. By Jacob Tubs and Co. Accompt Current 3 100 2;. iByJofepb Jones. - - 476 8 ? March 3 • By Jacob Tubs and Co. Sale of Negroes, per Eagle - -_ 3 186 18 [[i ' 4 - By fundry Accompts ■- 17 0 + 5 ' 4 By Jacob Tubs and Co. Accompt Current 3 5 ° o 6. By fundry Accompts - ;o6 0-1 By Ditto. — — M 3 0 1647 6| 1760. N°. 2. Per Contra Cr. 6. By' Profit and Lofs - 86 II 6 86 11 6 1760. N°. 2. Per Contra Cr. JIM 6. By Profit and Lofs •- 86 » 6 1760. N°. 3, Per Contra Cr. >• 1 By Calh --- —. i;o 0 0 4 - ; i By Ditto - 288 9 4 6.; , By. Jofeph,Jones 144 S. ; 1 By fundry Accompts > ■ 3 ° 0 0 10. 1 By Jacob Firks — — 128 9 4 12. 1 i By Bills receivable - 16 16. 1 I By Simon Bell — 86 0 iS ; > By Merchandize Accompt - 2 8: 0 845 6; 1 1760. N°. 4. Per Contra Cr. March 6. 1] 1 By fundry Accompts - .« 9 3 2 6 (2) The LEDGER. 1760. pr Jofeph Jones. £ s. . d. jan. 6. 1 To JacobTubs and Co. Sal e per Eagle — 1 14, ) 0 1 To Ditto ■— —. 25. 3 To Cafli — — 1 47 ( 81 - 64] 'is Si 1760. Dr John Jebb. Feb. 24. 3 To Jacob Tubs and Co. Sale of Negroes, 3 IOC March 6. 4ToCaih . --- I 476 >19 °5 576 ■9 Oi 176°. Dr Jacob Firks. >• jo- 1 To JacobTubs and Co. Sale/r r Eagle — I 128 9 4 1760. Dr Bills .receivable. >'•> i To Jacob Tubs and Co. Sale per Eagle — i [ 16 0 1760. Dr Simon Bell. Jan. 16. I To Jacob Titbsand Co. Sale per Eagle ■ — 1 86 ° 0 1760. Dr Merchandize Accompt. . Jan. 18. 2 To Jacob Tubs and Co. Sale per Eagle — 1 2 S 0 To Profit and Lofis — ’- 1 4 5 ■°1 6 ‘3 -I 1760. Dr Wharfage and Negroe-hirc. Marches. To Cadi — — ■ ! 10 10 6 4 To Prof! and Lofis - -- ■ , 6 9 l . 16 — 3 i 328 (3) The LEDGER. 1760. Dr Commiffion and Storage. March 4.4 ■ 4 - To Cafh '-- To Profit and Lqfs ■ ' r 1760. Dr Accompt of-Abatements. March 6. < To Profit and Lofi - - - 1760. Dr Jacob Tubs and Co. Accompt Current. Jan. 24. March 5 To fundry Accompts ——■ To Ditto.’ -~ 1 1760. Dr Debts accomptable. Marche.. | To Profit and Lofi - 1760. Dr Jacob Tubs and Co- Sale of Negroes , per Eagle. ■Mara^ 3- 3 To fundry Accompts —- 1760. fci. z8.j Dr Bends. To Jacob Tubs and Co. Sale of Negroes, fer Eagle - - 1760. Dr Logwood Accompt. ilfftrc/,’ 4- To. John Jebb r - — The LEDGE R. 1760. |N 9. Per Contra Cr. £. d. Jan. 20 24. March 3, 2 By JaraJ 7 »Ar and Co. Sale per Eagle _ 2 n 7 % C ° b , T j! bs , and Co - Accom Pt Current 3 By Jacob Tubs and Co. Sale of Negroes per Eagle — ° 1 67 2 3 6 1 2 + s- 4 By Jacob Tubs arid Co. Accompt Current 2 3 16 nt 1 55 7 *>f 1760. N°. 10. Per Contra Cr. 2 4 - 2 By Jacob Tubs and Co. Accompt Current 3 0 0 it 1760. N 0 . xi. Per Contra Cr. 20. z By Jacob Tubs and Co. Sale per Eagle — t 600 2 0 iWaroJ' 3. t B Y J acob Tubs and Co. Sale of Negroes, per Eagle - -- “ ’ 3 ss°> 6 0 1150 1 8 0 1760. N 0 .12. Per Contra Cr. March o,. 3 ! B y Jacob Tubs and Co. Sale of Negroes,- per Eagle - , . , : 24 ; 1 if 1760. N 0 . 3. Per Contra Cr. fit 24. 3 By John Jebb - - 2 28. 3 3. 3 By Bonds - - _ , ByCalh -- - , 546 C ij5 iS i oJ 801 iS ' °+ 1760. N . 13. Per Contra Cr. 4. By Calh - - 546 0 0 1760. N°. 14. Per Contra Cr. March By Jacob Tubs and Co. Accompt Current 3 42; 0 O U u | 1 — 330 Book-keeping in Faflory. To draw out an Accompt-Sales. There are two Methods of drawing out an Accompt-Sales, the fnft is to take a Copy of the Sales-Book (fee the i'll: Page of the Sales-Book) and let the Title be altered to that which follows on the Back of the firft Page of the Sales-Book. Moreover, inftead of Sundries, January 8th, put Jofepb Jones and Cafh, as alfo inftead of Bills receivable in January 12th, put Jofepb Jones the Perfon who gave the Bill. In like Manner, when Things are fold at Vendue, or Auaion , or taken to themfelves, as in January 16th and x 8th; in¬ ftead of Simon Bell and Merchandize Accompt, put Calh. More¬ over, in the Sale of Negroes (fee zd Page of the Sales-Book) in¬ ftead of Bonds, put John Cob, the Perfon who gave the Bond. See l ft Sale ready to be fent oft'. zd. The fecond Method is to colleft all the Goods of the fame Kind, together with their Prices, one after another, until you have gone through them all; and then examine if the Total agrees with your Sales-Book, and if it does, you may be allured you are right, otherwife not. See the fecond Sale ready to be fent off, drawn out in this Manner, on the Back of the zd Page of the Sales-Book, for all the Inftruftion further neceflary. Tie ( 33 l ) rfhe Sales-Book Page (i) Hulls on Accompt ef Jacob Tubs and Michael Bottoms, per the Eagle, Captain Fox, ( 333 1 The Sales-Book Page (2) Sales on Accompt of Jacob Tubs and Michael Bottoms, per the Eagle, Captain Fox. lyfip.TowhomfoldjS Charges. 3I3IT0 Caih, paid Import Duty on 34? z0 Negroes . -— $ * Capt. Fox, Coait Commif- ) lion, being ~ z - of So r/. ^30.16 1 Dr. Friend’s Fee, at ir. per ? . o Head for zS Negroes fold S Houfe-hire for 14 fick Ne -} groes -;- 5 J Dr. Friend, for extraordi- ? nary Phyfic -- 'i 0 For Proviftons towards ? Maintenance ofthe Cargo S ^ ■ 1 T0 Commiffion and Storage, at 5/. ? per Cent. - S ^ To Debts accomptable, at 3/. per ? f Cent. -7- S * [To Fubs and Bottoms, for Net Proceeds - s excepted. ' I per the Lute, Antigua, March 3d, 1760. | Capt. Najh. Sam. Nid/on, for Self and Co. { 334 ) the 2d Sale drawn out and ready to be fent off.\ is as appears under¬ neath, by Method 2d. Accompt Sales of Merchandize imported in the Eagle, Francis Fox Ma- jier, from Briftol, on the proper Accompt and Rijk of Jacob Tubs and Michael Bottoms, Merchants there. _ 1760 Feb. Mar. 2 Men, at 50/. — 100 4 Men iickly, valued at So |S Boys i. s.d. 6 Boys, at 30/. — 180 00 2 Bo.ys fickly, val. at 35 18 o. 10 Women. /. • 6 Women, at 40/. 240 2 Ditto fickly, val. at 40 I Dead 2 _ 6 Girls, at 21/. - Charges. [To Ca(h, paid Import? ^ ’r 0 Duty on 34Negrocs 5 i Capt Fox, Coaft ? ^ Commiflion — 3 Dr. Friend's, Fee— 180 Houfe-hire for? „ , 0 . 0 14 Sick — S " Dr. Friend for? Phyfic - S For Provifions? . for the Cargo $ 4 ° To Commiflion and ? 31 Storage, at 5/. per Cent. 3 4 ° 1 jI To Debts accomptable, ? 1 iff. perCent. — S 4 To Tubs and Bottoms, for Net Proceeds] Errors Excepted. Antigua, March 3d, 1760. Sam. Nicifon, for.Self and Co. Book-keeping in Fakiory. 335 Having given a brief, but full Defcription of the Books and Ac- compts made Ufe of by Faflors in the Weft-Indies, together with an Exemplification thereof, I iliall here conclude with giving the Jour¬ nal and Method of balancing the following 5th Quellion as newly compofed, both according to the foregoing Method made Ufe of by the faid Faflors, and by introducing an Accompt of Balance, whereby it will be ihewn, that the former Method is only an Abridg¬ ment of the latter, but I iliall omit the Ledger purpofely for the Learner’s Exercife. • The 5th Quellion firil explained, and then journalized a fecond Time by the Co. according to the latter Senfe or Conllruflion men¬ tioned before the Co’s 1 ft Journal of this very Quellion, as before fet down ; and in order thereto, it is proper here to obferve, that what is added by Way of l’arenthefis, is for Explanation of the Author’s Senfe, and is my own, but all the Reft is the Author’s. • The Qu e s t 1 0 n. Two Faflors, Robert and Samuel, failed from Briftol, and had configned to them, from fundry Employers, divers Parcels of Goods for Sales and Returns. The faid Faflors were to be equal in Com- iniifions, &c. (that is, they were to be equally concerned in the Gain;) at Length they arrived at Antigua-, Robert, by Confent of Samuel, took the Charge of fundry of the faid Merchandizes, failed to St. Chriftopbers, where he difpofed of them, the Net Proceeds whereof made bool. zs. (for which he is to be accomptable to the Employers only;) Samuel remained in Antigua, and there difpofed of the Part of the Cargo left under his Charge, which amounted to 550/. 1 6s. for Employers Net Proceeds (for which he is to be ac¬ comptable to the Employers only;) Robert, from St. Chrftopbcrs, flapped Home, for Employers, Goods and Charges and Commif- fions, 500/. Samuel made Returns to Employers, 500/. 1 6s. Alfo, Samuel, on Requeil of Robert, remits him, per Bill, 30/. (which Bill Samuel purchafes, with the Cafn belonging to the Score, for. Robert's own proper Ufe.) Now being returned Home, they would fettle Accompts between them ; Robert brings in his Accompt of Charges for Negroe-hire, Boatage, Warehoule, &c. 10I. 10 s. 6d. (which he has paid with the Co’s Money, and on their Accompt;}. Samuel's Dilburfements for Wharfage, Korfe-hire, Storage, fsc. 12/. 6s. 6d. (which he has paid with the CoYMoney, and on their Accompt;) they alfo render their refpeflive Accompts of CommiC Eons, &c. for Sales and Returns, viz. Commillions, flfr. of Ro¬ bert's, amounted to 108/. (which is for the Ufe of the Co.) and of Samuel's, 88/. (which is for the Ufe ot the Co.) now they would have the Accompt made up, and all brought to a Balance, that they may be certain in thefe Particulars, ill. How much they re- fpeftively owe to the Employments in general, z. How Matters Hand between each other. 3d. Iiovv much they got to a Far¬ thing. • I be 336 Book-keeping in Fail ory. The contrasted Journal. lit. Robert's Accompt Current, Dr to Employers Accompt Car- rent, 600/. 2 s. zd. Samuel’s Accompt Current, Dr to Ditto, 550/. 16s. 3d. Employers Accompt Current, Dr to Robert's Accompt Current, 500/. 4th. Ditto, Dr to Samuel's Accompt Current, 500/. 16 s. 5th. Robert's Accompt Current,-Dr to Caih, 30/. 6th. Com- miffion, Storage, Wharfage, and Negroe-hire Accompt, Dr to Caih, ic/. 10 s. 6 d. 7th. Ditto, Dr to Ditto, 12/. 6s. 6d. 8th. Caih, Dr to Commiffion, Storage, Wharfage, and Negroe-hire Accompt, 108/. 9th. Ditto, Dr to Ditto, 88/. Thus far from the Queftion, the next from the Ledger. See the Rule for balancing in the foregoing Specimen. The balancing Part. 1 ft. Commiffion, Storage, Wharfage, and Negroe-hire Accompt, Dr to Profit and Lofs, 173/. 3J. for the total Gain. 2d. Profit and Lofs, Dr to Sundries, 173/. y. mh. To Robert's Accompt Current, for ~ Proportion of Gain, 8 61. us. 6d. To Samuel's Accompt Current Ditto, 8 61. us. 6d. 3d. Employers Accompt Current, Dr to Sundries, 150/. 2 s. viz. To Robert's Accompt Current, for fo much as they want of Robin, - 100/. 2i. T0 Samuel's Accompt Current for Ditto, 50/. (Seethe Co’s Journal to Queftion 3d.) ■ 4th. Sundries, Drs to Caih, 143/. 3.1. viz. Robert's Accompt Current, for fo much as Ire wants to balance his Accompt, 56/. us.6d, Samuel’s Accompt Current for Ditto, ^6l.us.6d. which evens the Accompts, and confequently compleats the Balance. But to introduce an Accompt of Balance, having given each Part, ner Credit for his Share of the Gain, and having colledted the Ar¬ ticles compofing the Balance, then it will ftand thus: Dr Balance Cr Book-keeping in FaHtitry. 3.37 But then in either Method, Robert and Samuel mull keep a cor- refponding Accompt in their private Books, after the following Maimer, wa. Robert, in his private Books thus: id. Cafh, Dr to Employers Accompt Current, 100/. it. id. zd; Calh, Dr to Stock, 30/. 3d. The Store, Dr to Profit and Lofs, 56/. us.6d. 4th. Calh, Dr to the Store, 56/. nr. (id. Collefl the Articles compofing the Balance, and it will Hand thus: T)r Balance Cr l s.d. . i. s.d. toCalh.forfomuch? g By Employers AcO on Hand — 5 * compt Current, due C100 2 o By Stock for Gain,'} formerly received > 30 60 from the Store — 3 By Profit and Lofs, } now received from >56116 Ditto iri full —> 3 186 13 6 186 13 6 SamiJel, in his private Books thus: 1. Calh, Dr to Employers. Accompt Current, 50/. 2d. The Store, Dr to Profit and Lofs, 86/. 1 is. 6d. 3d. Calh, Dr to the Store, 8 61. 1 Is. 6 d. Collefl the Articles compofing the Balance, and it will Hand thus: Dr Balance Cr l s. d. l. s. d. To Calh on Hand — 136 11 6 By Employers Ac,- comptCurrent,due> 50 00 By Profit and Lofs,} for my Share of> 8611 6 136 11 6 [36 11 6 Obser- 338 Book-keeping in Factory. Observations. i. If the Learner pleafes to compare the Accompts which Robert and Samuel keep in their own private Books, in the former Senfe of this Queftion, with the Accompts which they keep in their own private Books, in this latter Senfe of it, he will find that Robert will have in his Cullody, 40/. i8r. moreCalhin the former Senfe than in the latter, but then he will owe Samuel juft that Sum, viz. 40/. r Sri and on the other Hand, Samuel will have 40/. i8j. lefts' Cafli in his Cuftody in the former Senfe of this Queftion, than in the latter Senfe of it, but then he will want juft this Sum, viz. 40 L 1 Sr. of Robert in the former Senfe, but nothing of him in the latter. 2d. Moreover, if the ingenious Learner will but duly compare the before cited 5th Queftion, as newly compofed, with the before inferted Specimen of Book-keeping in Fadtory, he will plainly fee that the laid Queftion is dcducible from the faid Specimen, and, •vice -verfa, the faid Method from the faid Queftion, inafmuch as the fame Refult would arife from both, provided Robert and Samuel had paid their Employers what they now owe them by the Queftion; (as they have in faid Specimen) hence too it is evident, that all the Lucrative Accompts, that Fadlors make Ufe of, may be reduced into one, as they are in the prefent Queftion. Hence alfo appears the Neccflity of expreffing a Queftion in the plaineft and fulleft Manner poflible, in order to clear it from all Ambiguity; fince an ambiguous Queftion mull of Neceflity have an ambiguous Anfwer; (as in the prefent Cafe.) Flow many Queftions of late have ap¬ peared in the public Papers, where the Queftion is one Thing, and the Anfwer another ? But this requires another Place to be difeuf- fed in. The The Six (Questions in Company Accompts, firft publifhed by Mair, in his Book-Keeping Methodized, in the Year 1742, in order to be ftated in feparate Books, and compleat the Accomptant', now firft compleatly ftated after the following Methods. I. By a Method entirely new, agreeable to the Laws of Rea¬ son, and adapted to the Ca¬ pacity of all. II. By Weir’s Method, as laid down in his ready Accomp¬ tant, and firft when each Partner has an Accompt in Company, as well as an Ac- compt proper or current. Se¬ condly, when he has only an Accompt proper or current: Together with Obfervations upon both Methods; in which are contained, Direflions how the Laid fix Queftions might have been journalized, by Weir’s firft’Method, fo as to have been without an Accompt of Cadi; together with Direc¬ tions IiowWeir’s ferondMe- thod may be converted into Weston’s Method, as well as into Dodson’s Method. Moreover, Direclions how Snell’s fix Queftions may be journalized by Dodson’s and Weir’s Method, and how thefe fix Queftions of Mair, under Confideraticn, may be journalized too, by the com¬ mon. as well as by London’s and Snell’s Method. Xx 2 ( 34i- ) \ THE. aUESTIO N S. QjrESTION I. T WO Merchants, Robert and Roger, agree to trade in Com¬ pany, upon which Roger delivers to Robert, 8 Pieces Broad- Cloth, Value ioo/. Robert adds to thefe, 9 Pieces of his own, ! worth 108/. they buy of Lcmrance Love, 3 Pieces more for 37/. i or. ; payable at 10 Days ; Robert dilpofes of the Cloth as follows-: He i fells to John Cole, n Pieces for 143/. of which he receives 116/. ’ the Reft being allowed in Payment? of a Debt due by him to Ditto - Cole; he fells alfo the other 9 Pieces for 121/. lor. of which he re- \ ceives 60/. and for the Reft gets a Bill upon his Partner Roger; af- j ter this, he pays Laurance Lome, in full, 37/. Ditto Lome abating the tor. Now it is required to fettle Accompts betwixt Robert and j Roger, according to the Method of Debtor and Creditor. Qu E S T I O N II. Ttyo Merchants, Ebenezer and Edward, refolving upon an equal ^ joint Adventure to Virginia, Ebenezer brings into Company 600 Yards Linen, valued at 1 zd. fer Yard; Edward brings in 400 Yards, at 10 d. perY ard. Moreover, they buy of Other Hart, icoo . Yards more, at 12 d. per Yard, to pay at 2 Months, and Ihip the YVhoIc on board the Yhi/lle, Captain rf, B, Mailer, Edward pays Charges till on board, amounting to 2/. ior. At 2 Months End ' the Partners meet, and pay Olimer Hart in full as follows, mix. E- hnezer gives him 19/. iu. 8rf. and Edward the Reft, being 30/. ! ?r. 4 d. Some Months after this, the Yhiftk arrives with 40 Hogf-. ; heads of Tobacco, worth 3/. ior./o-Hhd. which was all they had in Return for their Linen. Edward pay's the infet Charges, being 4/. lor.' Next Day he fells for ready Money on the Key, 10 Hhds. at,(/. per Hhd. This being done, Ebenezer and he part the Re¬ mainder equally between them, eacli taking 15 Hhds, valued at ji ior. per Hhd, a fair State of this Accompt is required. Quits- 342 Mai rV fix Queftions. Qjtr e s t i o n III. Two Tradefmen, Hugh and Henry, agree to go equal Halves in a Cargo of Timber from Norway, and accordingly freight a Ship, and purchafe fome fmall Wares, which with Charges at Shipping, coll them 19/. 14;. each. This petty Cargo they conlign' to JB, their Faftor at Bergen, which he difpofes of, and in Return, lhips on board the fame Ship, 4000 Deals, and 100 fquare Pieces, and at the fame Time he draws on them for what Dilburfements he had made, over and above the Net Proceeds of the Cargo configned to him., Hugh accepts and pays his Bill, being 25/. By and by the Ship arrives, upon which Hugh pays Cuftom, Hallage, Cartage, Pilage, &c. 67/. 1 or. Henry pays the Freight, which amounted to 98/. 12 s. after this, Hugh fells 1000 of the Deals to Jofeph Stan¬ hope, for 47 l. i 8 j . 4 37 Value of —— 3 The whole Gain is — 19 Robert has received? .... inCafh - ^ 116 °°- And is anfwerable"? for the following ^ 27 00 Robert has received? c. .in Caih — ^ 60 0 0 ^for" is Mfaera ble ^ 61 100 Laurance Love abates ? the Co. —- 1 265 0 0 Then Solution of MajrV f !X Queflim Then by the Rule of Fellowship fay. l. 1. As zo8 : 37 io:: The Proof _ : J 9 9 S for Robert. 1 18 o 7 for Roger. . ’ r. /. As 208 : n6 o :: 108 : The Proof ._ 60 4 7i for Robert. 55 ‘5 4z f°r Roger. 1 . 1 . As 208 : 27 The Proof : 108 : 100 : I. s. d. H o 44 for Robert. 12 l 9 7k for Roger. • 2 7 00 /. /. As 208 : 60 The Proof 108 : 100 : 60 o for Robert. for Roger. V. 1 . 1 As 208 : 61 10 :: 108 The Proof l. s. d 3i >8 7-| for Robert. 2 9 11 4+ for Roger. ■ 61 10 o The Proof ._ . '• I- s. 1. As 208 : o 10 :: 108 : l s. d '9 4 2 1 for Robert. I 7 ‘5 9+ for Roger. 37 o o TTT 0 5 ! i for Ro&r/. o 4 g 3 r for Rajfr. The Proof 34-6 . Solution of Mair’j fix Quejlions. Robert Puts in for his Share 108 o o HisShareofGoods } bought - S 9 5 Therefore his Gain is io 2 6. ^ His Shate of the") Abatementmade > 052- to the Co. — 3 ) 60 4 7*- His Shares of Re-( 14 o 41- turns are — \ 3 1 3 - 1 Puts in for his Share His Share of Goods / bought - < Therefore his Gain is 137 11 11 137 11 11 Roger /. s.d. 1. s. d. 100 o o n 55 15 4^ „ His Shares of thef 12 19 7-1 1 0 ' Returns are — C 28 16 u 976 J> 29 n 4 + His Share of the Abatementmade > o 4 jj to the Co. — J) 127 8 1 IZ7 8 t /. s.d. . 1. s.d. The whole Stock is 9, _The Returns are — 26c 00 as before fet down 5 ^ 00 The whole Gain — 19 10 0 Firft, when each Partner is to be accomptable for each other’s Share. Robert ■ /. r. d. Owes ftyg«\hisproportional Shares of his own Receipts? 12 19 l\ 3a8 16 11 3 47 Solution of MairV fisc Queftions. Roger Owes Robert, his proportional Share of his own Bill, ? 0 , payable to the Co.-- . ^ >8 7! Owes Ditto, his proportional Share of Calh, paid by? , Robert - - -- -- J *5 Therefore Reger wants of Robert to Balance -- 47 1 7 6 97 1 The next for what each Partner owes, or tvants of the Co. As Robert owes Soger the Sum of 47/. 17*. 6 d. and no one owes him any Thing ; confequently Robert will owe the Co. the fame Sum. Again, as Roger wants of Robert the Sum of 47A iys.,6d. and no one wants of him any Thing; confequently Roger will want the • fame of the Co. therefore the two Methods agree in this Cafe. Qu ESTIOS II. . /. r. d. I s.d. v of Ebenezer s In- ? . . ' i of Edward's Sale, is 20 00 puts, is - 5 15 0 0 Each one withdraws — 52 10 o of Edward’s In- ^ g g g i of Goods bought, is 25 o o % of Edward's Chzr- <> t . 0 ges, is -- S 5 of Ditto is 2 5 o Each Man’s Gain, is. 20 13 4 72 10 o 72 10 o /. s.d. 1. s.d. Ebeueser's Inputs — 30 00 Edward's Sale, is — 40 o o Edward's Inputs — 16 13 4 Edward withdraws — 52 10 o Goods bought - 50 o o ‘ Ebenezer withdraws— 52:00 Edward's Charges — 2100 Ditto . -- 4 Jo o The whole Gain, is 41 6 8 248 Solution of Mair’j ^uoftiom. Firft, when each Partner is to be 'accomptable for each other’s Share. Edward /. r. i. Owes Ebemzer his half Share tfwhat Ditto Ehnezer^ 1? 0 0 ogpitto his half Share of what Ditto pays 0truerl g i; - Owes Ditto his half Share of his own Receipts 44 *5 1 Ebenezer ^ ^ Owes Edward his half Shar e of wh at Ditto Ed ward ^ g 6 g OwesDitto his half Share ofjvhat Ditto pays O^j,, 4 2 OweTl>itt 0 hiThdfShare of Charges, paidbyDitto> oSitW his half Share of Ditto, paid by Ditto - ? 5 ^ Therefore Ebemzer wants of Edward to Balance - >7J_5J 44 J S 1° S5 Methods will agree in this Cafe too. Qu ESTION III. E ’trt^z. i. :i x: ‘i;; nisCharees is ij 15 o 4 of Ditto’s Receipts, is 29 3 4 t°fSw s Chai4s’is o 4 ofDitto’sReceipts,is 4 ! 5 0 . 5 4 Each withdraws - 4' '5 ° Rach Man’s Gain, is 21 7.2 138 19 2 ■ 138 19 4 Solution of MairV fix fhieftions 349 Hugh puts in --— 19 14 o fkmy puts in --:— 19 14 o Hugh pays Charges — 25 do pays Ditto — 67 10 o Henry pays Charges — 98 120 The Co. abates Geo. ? „ S tie l - 5 34 Hugh's Charges - 4 10 8 The whole Gain, is— 42 14 4 277 18 4 /. s.d. Hugh' s Receipts — 30 o o Henry's Receipts —- 17 18 4 Ditto’s Receipts — 58 6 8 Ditto's Receipts — 9100 George Slcefe Debt, is 76 13 4 Hugh withdraws 1 c 7 rfhds - V l $° Henry withdraws Ditto 42 15 o 277 18 4 Firft, when each Partner is to be accomptajsle for each other’s Share. , Hugh l. s.d. Owes Henry of Charges paid by Ditto Henry ■ — 49 6 o Owes Ditto -J of his own Receipts, of Stanhope •- 15 00 Owes Ditto v of his own Receipts, of Steel —- 3S 5 o 102 11 o Henry- /. s. d. Owes Hugh -J of Charges paid by Ditto Hugh — 12 10 o Owes Ditto -f of Ditto, paid by Ditto - 33 15 ° Owes Ditto 4 of Ditto, paid by Ditto - Z S 4 Owes Ditto’" of his own Receipts, of Stanhope — 8 19 z Owes Ditto of Ditto (taken to himfelf) -- z 9 3 4 OwesDitto-J.of Ditto (taken to himfelf) - —— 4 >5 0 Therefore Henry wants of Hugh to Balance '-- 11 3 2 102 11 o The next for what each Partner owes, or wants of the Co. For the fame Reafon, as.laid down in thelaftQueilion but one, the two Methods will agree in this Cafe too. 35 o Solution of MairV fix Shieftions. QjJ E S T I 0 N IV. /. s.d. David puts in - 48 00 Daniel puts in ■- 60 00 Duncan puts in — 72 00 David's Charges — 42 13 4 Daniel's Charges — j6 14 o The whole Gain, is— 32 12 8 David's Receipts — 116 Daniel's Receipts — 100 Duncan's Receipts — 96 Then by the Rule of Fellowfnip fay, /. /. r. d. 1. 1. As 180 : 42 13 4 :: 48 : 11 60 : 14 72: 17 s.d. 7 6| for David 4 55 for Daniel. 1 4 for Duncan. The Proof - 42 13 4 1. 1. s. As 180 : 56 14 The Proof /. /. s. d 48 : .15 2 4| for David. 60 : 18 18 0 for Daniel. 72: 22 13 for Duncan. 56 14 o /. /. As 180 : 116 /. 1. ,. d 48 : 30188 for David. 60: 38 13 4 for Daniel. 72 : 46 80 for Duncan.' The Proof >■ 116 00 /. /. r. 1. 1. s. d. As 180: 100 o :: 48 : 26 13 4 for David. 60 : 33 6 8 for Daniel. 72 : 40 o o • for Duncan. The Proof Solution of MairVs fix Qiieftions. 351 /. /. s. 1. 1. s.d. As 180 : 96 o :: 48 : 25 12 o ton David. 60 : 32 o o for Daniel. 72 : 38 8 o for Duncan. The Proof ■ 96 o o D AV l. s.d.. Puts in for his Share 48 00 HisShareof his own? . (3 •Charges, is - $ 7 f His Share of Da- ') , air/’s Charges, is— $ IJ 4 + .Share of,the?, g H oJ 83 4 o Gain, i His Shares of the Re-? 3 ? 18 S turns, are - V 6 13 4 4 St /. Puts in for his Share 60 His Share of £»«- ? toV’s Charges, is S His Share of his7 t g jg 0 own Charges, is S His Share of the^ IC ^ 104 o o His Shares of thef Returns, are — f Puts in for his Share His Share of Da- ? •aid 's Charges, is ^ His Share of Da-'} ■Kiel's Charges, is ^ His Share of the / Gain, is - 5 Duncan /. s.d. 1. s.d . 72 ° o His Share of the Re- 4 ^ 8 ° 17 1 4 turns, are - $ 4 g g c - 22 13 7i 13 1 °j 124 16 o The 3 52 Solution of Mai r ’s fui Quefiions. !■ s. d. i. i The whole Stock is 5 ^ David's Receipts — n 6 oo as before fet down $ Daniel's Receipts — ioo oo The Charges of David 42 13 4 Duncans Receipts — 96 o 0 The Charges of Daniel 56 14 O The whole Gain, is— 32 \z 8 Firft; when each Partner is to be accomptable for each other’s Share. ‘The Accompt fated between David, Daniel and Duncan. David /. r. d. Owes Darnel his proportional Share of the Charges paid ? 3 by Daniel -- — S 2 ^ Owes Ditto his proportional Share of his own Receipts— 38134 Daniel Owes David his proportional Share of his own Receipts Therefore Daniel wants of David to Balance - S3 15 H l. s.d. 26 13 4 2 7 2 4f S3 IS H David. /. r. — 14 13 7i — 6 2 4 | /. /. 4 — 2 7 2 4? *4 13 7* — 41 16 b Hence it may be obferved, that what Duncan and Daniel wants of the Co. the fame is owing to the Co. by David. Z z Ques- 354 Solution of Mair *s fix Quejiibm. ’Qjjestion V. f of MichaelMer-7 l dart's Debt, is $ 93 ° ■j of -Simon's Lea- } ther, and outfet > 36 13 Charges, is — _>. i of Ditto’s Flan-? 3 nel, is - $ *5 0 ■j of his incidental ? Charges, is — S 2 f of bis Conunif-^ z I0 t Each Man’s Gain* is 21 4 •§bf&'»;a#’sReceipts,is 84 18 8 3 of George Rollin's’! o. .0 „ . Bill, is --i $ 4 18 8 Mich. Merchant' Debt, is — Simon's Leathe and Charges — Ditto’s Flannel, c. Ditto’s incidental Charges' — Ditto Commiliior The whole Gain. 16917 4 169 17 4 l. s. d. /. s. d. ^280. 0 Simon's Receipts — 254 16 0 George Rollins Bill —254 16 0 r |>IIO 0 0 :oft 4j 0 0 ^ ' 3 6 8 i,is 7 12 io| is 63 12 5 i 509 12 -1 509 12 0 ich Partner is to be accomptable for each othefs fhe Accowpt fated between- Simon, ’ Socrates, and Samuel. Soc rates J. s. d. Owes'S;OTo«|ofthe Coftofhis Flannel — rr — 15 o o. Owes Ditto j- of incidental' Charges paid by Ditto Simon 1 2 2| Owes Ditto | of his Commiliion - 2 10 11^ Therefore Socrates owes Simon to'Balance - 18 13 2^ 355 Solution of Mair’j fix Quejlions. S A M V E L Owes Simon Ditto to Balance - —— N.B. As Simon finds' both the Shares of Socrates and Samuel, con- fequently there is no-Accompt betwixt' Socrates arid Samuel. The next for what each Partner owes, or wants of the Co. 1. s. cl. Socrates owes Simon —- . - - lS 13 z' G - Owes Michael Merchant his -t of-his Debt-93 6 8 in 19 io£ l. s. d. Wants of George Ro/lin, j of Iris Bill -- 84 is S Therefore Socrates owes the Co. - — ZJ 1 2f III I9 >°s /. r. d. Samuel Ditto -- -- 27 I 2 k /. r. d.. Socrates owes Simon - ■ ..- 18 13 21 Seminal owes Ditto »■■■•'"—— f>m • ■ —— 18 13 2 4 George Rollin owes Ditto ■ ■■■ ■- -- 84 18 8 J 122 5 l. S. d. Simon owes Michael Merchant his \ of his Debt — 93 5 8 Therefore Simon wants of the Co. - 28 13 4f 122 s Hence it may be obferved, that what Socrates and Samuel owe the Co. together with what George RoIIin owes it, is equal to what is wanting by Simon and Michael Merchant to difcharge it; for when Simon has received George Rollin's Bill, 254/. 1 6s. and paid Michael Merchant 280/. then Simon will want of the Co. 2;/. qj. more than before, which added to 28/. i 8 j. ef. -, will make 54/. is. aI. I, equal to what Samuel and Socrates owe it, and then it will confirm the Obfervation made on the lallQueltion. Solution of Mair ’s ftx ghieftms, Qu e s t io n VI. 16 18 l. Each Man puts in-rio5 •f of Sam. Crouch's ? "Debt — $ l & -of Jacob's Char -7 ges, is - ' $ of Jofepb's, is — 7 l 8 J; of John's, is — 8 15 o •J of James's, is — 426 - of Ditto’s, is — 4 19 2 Each Man pays — 381 ii 3 z of James's Char- ^ 2J 0 0 5 of Jofefh's, is — 9 7 6 ~ of James's, is — 10 12 io| ■j of Samuel Crouch, ? his Abatement, is S •1 of £//'« Burnet's Bill 43 Each Man withdraws 100 ^of John's Receipts,is. 66 Each Man’s Lofs, is 518 l. s. d. Jacob puts in — 105 o o Jofepb puts in — ioj o o Jo/wputsin — 105 0 o puts in — 105 o o Sam. Crouch, his Debt636 10 O Jacob pays Charges— 67 15 o Jofepb pays Ditto — 28 6 ' 8 .John pays Ditto — 35 o o James pays Ditto — 16 10 o pays Ditto — 19 16 8 Jacob pays Ditto— 381 11 3 Jofepb pays Ditto— 381 11 3 John pays Ditto— 381 11 3 James pays Ditto — 381 11 3 pays Ditto — 92 o o Jofepb pays Ditto— 37 10 o James pays Ditto — 42 i x 6 i. 2922 '6 10 < Samuel Crouch a-? bates the Co. —S Elias Burnet, pays ? James - - 5 Jacob withdraws — Jofepb withdraws — loo 0 p John withdraws — ico o o James withdraws — 100 o 0 John's Receipts — 265 o 0 The whole Lofs, is 2075 *4 10 Fir8, when each Partner is to be accomptable for each other’s £harc.. 357 Solution of Mair’j fix Queftions. fhe Accompt fated between Jacob, Jofe'ph, John, and James. Jacob .Owes Jofepb his Jyof!Charges paid by Jofepb -. 718 .Owes Ditto his ~ pf what Dittp Jofepb has paid Samuel’^ g 2 Q Q .Owes Ditto his i of Charges paid by Jofepb -- 976 78 9 2 Joseph i. s. Owes Jacob his i of Charges paid by Jacob - 16 1S 9’ Owes Ditto his.iof what Ditto has paid Samuel Crouch — 49 50 Therefore Jofepb wants of Jacob to Balance - 12 5 5 78 9 2 John /. 5 . Owes his A of his own Receipts —— 66 50 Owes Ditto his -'-of Charges paid by Jacob —-- 16189 Owes Ditto his 4 of whatDitto has paid SamuelCroucb ■—49 ■ 5 o 132 8 9 Jacob /. J. i. Owes John his i of Charges paid by John - 8150 Owes Ditto his of what John has paid SamuelCroucb — 46 5 o Therefore Jacob wants of John to Balance ■ 77 8 9 132 8 9 Owes Jacob his ~ of what Ditto James has received of? ^ 0 Owes Ditto his i of Charges paid by Jacob - 16 l3 9 Piyes Ditto his ~ of what Ditto has-paid SamuelCroucb — 49 15 o 109 18 9 Jacob 358 Solution of Mair\s fix fhiefions. Jacob Owes James his \ of Charges paid by James Owes Ditto his i of Ditto - Owes Ditto his \ of Ditto - Owes Ditto his f of Ditto -- Therefore Jacob wants of James to Balance 109 18 9 The Accempt fated between Jofeph, John and James. John /. >.-i Owes Jofeph his 4 of his own Receipts - 66 50 Owes Ditto his ~ of Charges paid by Jofeph - 7 18 Owes Ditto his i of what Ditto has paid Samuel Crouch — 6z 00 Owes Ditto his \ of Charges paid by Jofeph - 9 7 6 144.14 2 Joseph /. 1. 1 Owes John his - of Charges paid by John .- 8 15 0 Owes Ditto his j of what Ditto has paid Samuel Crouch — 46 50 Therefore Jofeph wants of John to Balance -• 89 14 2 144 14 2 James Owes Jofeph his f- of his own Receipts -- Owes Ditto his | of Charges paid by Jofeph — Owes Ditto his | of what Ditto has paid Samuel Crouch Owes Ditto his 5 of Charges paid by Jofeph - Joseph 359 ■ Solution of Mair’-t fix Queftions. Joseph Owes James his £ of Charges paid by James Owes Ditto his £ of Ditto - Owes Ditto his 5 of-Ditto — --... Owes Ditto his £ of Ditto - Therefore Jofeph wants of James to Balance 426 4 19 2 23 o o 10 12 IO£ 79 9 n 122 4 2 . the Accomp fiaied between John and James. John l. s. ct. Owes :James his .£ of his own Receipt -=— 66 5 0 Owes Ditto his 5 of Charges paid by James - 4 2 6 Owes Ditto his | of Ditto — — 4 19 2 Ovves Ditto his £ of Ditto — — 23 o o Owes Ditto his £ of Ditto — —■ to 12 io| 108 19 6f James /. !. d. Owes John his £ of his own Receipts - 43 15 o Owes Ditto his £ of Charges paid by Job; — 8150 Owes Ditto his £ of what Ditto has paid Samuel Crouch — 4650 Therefore James wants of John to Balance — 10 464 108 19 6£ The next for what each Partner owes, or wants of the Co. Jacob owes Jofeph - wants of .'John - wants of James - - Therefore Jacob wants of the Co. s 6o Sebum of Mai'r’j fit guejlions; Jofepb wants of John — " wants of James “ . ■wants of Jacob . Therefore Jofepb wants of the Go. —' • ' 1 . i. I 89 14 2, 79 9 7f iz 5 5 I'81 9 2§ jobn 9 Therefore John owes the-Co. --^ l 77 ' 7 Si /. s. rf. /. ». A James owes Jofiph — owes - Therefore owes the Co. 2O 146 1 Hence it appears, that what is wanting from the Co. by Jacob an A-Jofepb, is due to the Co. by Jobn and James. ( 3 ^ ) 2 d. Mair’j 6 $'ucftions, in Co. Accompts ftated , ac-. cording to Weir’j Method , as firft laid down in his Ready Accomptant, and afterwards followed by Ste¬ phens in his Book-keeping reduced into anArt, both when each Partner has an Accoinpt in Co. as well as an Accompt proper , or current , and when he has only an Accompt proper , or current: And firft when each Partner has an Accompt in Co. as well as an Accompt proper , or current. J. ✓"'fcBferve that Mr. fames Weir and Mr. Bufcraft Stephens, do mix the Co. Accompts with their own private Accompts, and thereby render them very Difficult to Learners; but I lhall here fuppofe each to be kept fepai’ate for the Learner’s Eafc, and when once he has got a right Notion of keeping the Accompts in feparate Books, he will then be properly qualified to keep them all together in his own private Books, fince the Methods are intirely the fame, fave that the laft is more burthenfome to the Memory, becaufe one Book contains what is contained in two: 2. Moreover, inftead of the Titles, my Accompt in Co. and my Accompt proper, ufed by the Truftec in the Co’s Books ! or my Share in the Go. or proper Concerns in the Co. as Weir and Ste¬ phens have it.) I lhall make Ufe of the Truftee’s proper Name, as my Author of thefe 6 Quellions does, whereby to agree with him too, fince the Refult in either Cafe will be the fame. Queftion ift. Journalized in feparate Booh by Robert, as Truftee for the Co. See Cafe 2d, and the N. B. and the Obfcrvation for unfixed Companies. ill. Broad-Cloth in Co. betwixt Robert and Reger, according to Proportion therein, Dr to Sundries, 208/. viz. To Robert's Ac¬ compt in Co. for his Share advanced, io3/. To Roger's Accompt in Co. for Ditto, tool. 2d. Ditto, Dr to Lanrance Lome, 37/. to/, for 3 Pieces, payable at 10 Days. Secondly, Robert, his Accompt 3 A pro- 362 Solution of Majr’j fix ghiejlions. proper. Dr to his Accompt in Co. 19/: gs. 5s', for his proportional Share hereof. Ro^er ’s Ditto, t8/. or. 7R 3d. Sundries, Drs to Broad-Cloth, in Co. &c. 143/, viz. Cafh, in Co. £sV. received in Part for 11 Pieces, 116/. Robert, his Accompt proper, for the Reft, 27/. Secondly, Robert, his Accompt in Co. Dr to his Ac¬ compt proper, 74/ 5;. for his proportional Shares of both. Ro¬ ger's Ditto, 68/. 15J. 4th. Sundries, Drs to Broad-Cloth, in Co. &c. 121 /. 1 or. viz, Cafh, in Co. csfc. received in Part for 9 Pieces, 60/. Roger, his Acdompt proper for the Reft, 61/. ior. Second/ ly, Robert, his Accompt in Co. Dr to his' Accompt proper, 63/. ir. 8d. -1, for his proportional Shares of both. Roger s Ditto, 58/ 8r. 3 d. 5th. Laurance Love, Dr to Sundries, 37/. tor. viz. To Cadi, in Co. bSc. paid him in Part, 37/. To Broad- Cloth, in Co. &c. he agreeing to abate the Reft, ior. Secondly, Robert, his Accompt in Co. Dr to his Accompt proper, ;r. 2 d. f, for his proporrional Share of this Abatement. Roger's Ditto. 4r. 9 d. 2. See the following Ledger, kept by Robert the Truftee of the Co. Robert thus , in his own private Books. f. Stock, Dr to John Cole, as per his Accompt in my old Led¬ ger, 27/. ' 2d. My Accompt in Co. with Roger, Dr to Broad-Cloth, for 9 Pieces advanced for my Share, 108/. 3d. Ditto, Dr to my Accompt proper with Ditto, for my proportional Share of 3 Pieces bought of Laurance Love, 19/. gs. 4th. John Cole, Dr to my Accompt proper with Roger, paid him in full with Broad-Ploth be¬ longing to the Co. 27/. 5th. My Accompt proper with Roger, Dp to my Accompt in Co. with Ditto, for my proportional Share of 11 Pieces fold by the Co. 74 1. ;r. 6th. Ditto, Dr to D,itto, for my proportional Share of 9 Pieces fold by Ditto, 63/. u. 8/1. 7th. Ditto, Dr. to Ditto, for my proportional Share of Abatements made to the Co. p. zd. |. See the following Ledger. See alfo the 2d C'onfeflary for unfixed Co’s. R.oger thus, in his 'own private Books. ill. Stock, Dr to Bills payable, asprethis Accompt in my old Ledger, 61/.'-tor. 2d. My Accompt in Co. with Robert, Dr to Broad-Cloth, for 8 Pieces advanced formyShare, 100/. 3d. Ditto, Dr to my Accompt proper with Ditto, for my proportional Share of 3 Pieces bought of Laurance Love, 18 1. 01. 7 d. 4th. My Ac¬ compt proper with Rabat, Dr to my Accompt in Co. with Ditto, for my proportional Share of 1J Pieces fold by the Co. 68/. ijr. 5th.’ Bills payable, Dr to my Accompt proper with Robert, paid rlie'Bill I owed, with Broad-Cloth belonging to the Co. 61/. ior. jsth. My'Accompt propot with Robert, Dr to my Accompt in Co.' Solution of MairV fix QuejUons. 363 with Ditto, for my proportional Share of 9 Pieces, fold by Ditto, 58/. 2i. ofi. f. 7th. Ditto, Dr to Ditto, for my proportional Share of Abatements made to the Co. 4; 9 d.\. See the following Led¬ ger. See alfo the 2d Confedtary for unfixed Co’s. When thefe refpeftive Journals are polled into their Ledgers next following, then the young Accomptant may obferve, that the Accompts that each Partner keeps in his own private Books of what he delivers to, and receives from the Co. or what he owes, or wants of them, will be exadtly the fame with their correfponding Accompts in the Co’s Books in a reverfe Manner, that is, what is contained on the Dr Side of the former, will be on the Cr Side of the latter; and on the other Hand, what is contained on the Dr Side of the latter, will be on the Cr Side of the former; and the fame holds good in the Ledgers of the other ; Quellions. See the Note before the 3 Ledgers to Joses’s firll Quellion. The •^68 Solution of MairV fix Quejims. Queftion 2d. Journalized in feparateBooks by Edward, as ‘Truftee for the Co. See Cafe 2d, and Obfervation for unfixed Companies, ift. Voyage to Virginia, per the Dhijlle, A, B, Mailer, in Co, bztmxtEdward and Ebtmztr, § each. Dr to Sundries, 99/. 3 s. ^d. To Ebenezers Accompt proper, for 600 Yards Linen, at 12Y. per Yard, 30/. To Edward's Accompt proper, for 400 Yards Ditto, at 10 d. per Yard, 16/. 13 s. 4 d. To Oliver Hart, for 1000 Yards Ditto, at 12 d. payable ins Months, 50 1. . To Edward's Accompt proper, for Charges paid by him at Ihip- ^ Secondly, Edward's Accompt proDcr, Dr to. his Accompt in Coi 49/. in. 81/. For his §• of the Whole. Ebenezers Ditto, 49/. in. 8 d. 2d. Oliver Hart, Dr to Sundries, 50/. viz. To Ebenezers Accompt proper, for what he pays him, 19/; nr. Sr/. ’ToEdvjard's Accompt proper for Ditto, 30/. Sr. 411'. 3d. Voyage from Virginia, per the Thtjlle,' A, B, Mailer, in'Co. betwixt Edward and Ebenezer, f each, Dr vr Sundries, ro3/. vpT'tpd. viz. To Voyage to Virginia, in Co. £ 5 Y. for the Charge outward, 99/. p. 4 d. To Edward's Accompt proper, for Charges- paid by him at Land¬ ing, 4/. lor. Secondly, Edvard's Accompt proper,.Dr to his Ac¬ compt in Co. 2!. jr for his ~ of theie Charges. Ebenezers Ditto, 2/. 5/. 4th. Sundries, Drsto Voyage from Virginia, in Co. &c. 145/. viz. Calh, in Co. bSc. for 10 Hhds fold on the Ary, at 4/. per Hhd. 40/. Ed=wa<-d's Accompt in Co. for 7 5 Hhds withdrawn - by him, 52/. ior. Ebenezers Accompt in Co. for Ditto, 52/. ior. Secondly, Edward's Accompt in Co. Dr to his Accompt proper, 20/. For his \ of this Sale. Ebenezers Ditto, 20/. Thus far from the Queltion, the next fr m the Ledger. One half the Gain being carried to Edward's and Ebenezers Ac- compts in Co. and the Articles compoftng the Balance properly collected, then it will Hand thus: Dr Solution of Mair’j fix Qiieflions. 369 Dr Balance in Co. Cr l s- d. 1 s . 1 To Calh, in Co. re-? By Edward's Ac -3 maining on Hand $ ^ compt proper, due £22 j o By Ebenezer’ s Ac- p compt proper, due C 17 15 0 40 o 6 40 0 o Edward thus , in his own private Booh, 1 ft. My Accompt proper with Ebenezer, Dr to Sundries, 19/. y. t.d. viz. To Linen-Cloth, for 400 Yards, at I o.V. per Yard, advan¬ ced by me, 16/. 13/. 4 d. To Cafli, for Charges paid by me, 2/. 10;. Secondly, my Accompt in Co. with Ebenezer, Dr to my Ac¬ compt proper with Ditto, 49/. 1 is. 81i. for my | of the whole Charge of the Voyage to Virginia. 2d. My Accompt proper with Ebenezer, Dr to Calh, paid Oliver Hart, 30/. 8s. 4 d. 3d. Ditto Dr to Ditto, for infet Charges paid by me, 4/. ior. Secondly, my Accompt in Co. with Ebenezer, Dr to my Accompt proper with Ditto, 2/. y. for my f of thefe Charges. 4th. Sundries, Dr to my Accompt in Co. with Ebenezer, 72/. 10/. viz. My Accompt proper with Ditto, for my £ of the Sales made by the Co. 20/. Tobacco, for 15 Hhds, by me withdrawn, as my equal Shave, 52/. tor. See the 2d Confeflary for unfixed Co’s. Thus far from the Queftion, the next from the Ledger. My Accompt in Co. being debited to Profit and Lofs for my Gain, and the Articles compofing the Balance properly collefted, then it will ftand thus : Dr Balance Cr I. s.d. To my Accompt pro-? 22 per, due to me — $ •* To Tobacco, for 15 3 Hhds, at3/. ios.fer>y.io o Hhd -— b l s.d. By Linen-Cloth for"? its Coft, or Stock >16 13 4 rather at firft-3 By Calh out of Pock -3 et, or Stock rather >37 84 at firft - 3 By Profit and Lofs for? my Gain ■ ■ — - 5 2 ^ ^ 74 *5 9 74 '5 0 3 B 370 Solution of Mair’j fix ghiejlions, Ebenezer thus , in his own private Books. ill. My Accompt proper with Edward, Dr to Linen-Cloth, for 600 Yards, at 1 2d. advanced by me, 30 1. Secondly, my Accompt jn Co. with Edward , Dr to my Accompt proper with Ditto, 49/. 11 j. %d. for my § of the whole Charge of the Voyage to Virginia. zd. My Accompt proper with Edward, Dr to Cafli, paid Oliver Hart, 19/. 1 is. 8 d. 3d. My Accompt in Co. with Edward, Dr to jny Accompt proper with Ditto, for my § of his Charges, 2/. 5 s, 4th. Sundries, Drs to my Accompt in Co. with Edward, j'd. tor. viz. My Accompt proper with Ditto, for my § of the Sales made by the Co. zo/. Tobacco, for 15 Hhds, by me withdrawn, as my 'equal Share,, 52/. I Or. Seethe zd Confeftary for unfixedCompanies. Thus far from the Quedion, the next from the Ledger. For the Reft, fee the Conclufion of Edward's, private Journal. To my Accompt pro -7 per, due to me — 5 To Tobacco, for 15 1 Hhds, at 3/. 10 s.per > Hhd - 3 By Linen-Cloth for T its Coll, or Stock > 30 rather at (irft — j By Calh out of Pock- p et, or Stock rather >19 1 By Profit and Lofs for '? 2Q my Gain - 5 1 Queftioii 3d. Journalized in feparate Books by Hugh, * as Trufiee for the Co. See Cafe 2d, and Obfervation for unfixed Companies, as aifo the MB. ift. Adventure to Norway, in Co. betwixt Hugh and Henry, l each, Dr to Sundries, 39/. 8r. tiia To Hugh's Accompt in Co. for what he advances for his Share, 19/. I.tr. To Henry's Accompt in Co. for Ditto, 19/. 141. 2d. A. E, Fac¬ tor at Bergen, Dr to Adventure to Norway, in Co. CSV. for the Goods which he has received from on board, 39/. 8r, 3d. Ad¬ venture from Norway, in Co. betwixt Hugh and Henry, £ each, Dr to Sundries, 64/. 8r. viz. To A. B. Fatter at Bergen, to difeharge Solution of Mail’s fix Sfueftms. 371 his Accompt, 39/. 8s. To Hugh's Accompt proper, for the Fac¬ tor’s Draft paid by him, 25/. Secondly, High' s Accompt pro¬ per,-Dr to his Accompt in Co. 12/. 1 or. for his'f of thefe Charges. Henry's Ditto, 12/. ior. .4th. Adventure from Norway, in Co. &c. Dr to Sundries, 166/. 2r. -viz. To Hugh's Accompt proper for Charges, paid by him, 67/. ior. To Henry s Accompt proper for Ditto, 98/. i2r. Secondly, Hugh's Accompt proper, Dr to his Accompt in Co. 83/. ir. for his \ of thefe Charges. 'Henry's Ditto, 83/. Ir. 5th. Sundries, Drs to Adventure from Norway, in Co. &c. 47/. x 8r. 4//. -viz. Cadi, in Co. £*. received in' Fait for 1000 Deals, fold Jofeph Stanhope, 30/. Jofeph Stanhope, for the Rett due, 17/. 18r. 4; t. Secondly, Hugh's Accompt irr Co. Dr to hit Accompt proper, 23/. 191. 2 d. for his £ of this Sale. Henry s Ditto, 23/. 191. zd. 6th. Henry's Accompt proper, Dr to Jofeph Stanhope, re¬ ceived of him, 17/. l8r. 4 rr o rather at firft — 3 b 7 ™ s By Profit and Lofs,} j. 0 for my Gain here- ^ Cr s. d. 7 8 7 2 14 10 Queftion 4th. . Journalized in feparate Books by David, as Truftee for the Co. See Cafe 2d, and Obfervation for unfixed Companies, as alfo the N. B. ■ Here, altho’ the Partners make a Divifion of the Returns, and con- fequently nothing is left which is common to the Co. and therefore no Partner, nor other can, properly fpeaking, be Truftee for them, but that the Books of the Co. mull be common to all the Partners; (lee Jones’s 6 Queftions before inferted) yet I ihall here fuppofe, that the Sugar which David receives, is not for his own proper Ufe (although the Queftion fairly fliews it) but for the Ufe of the Co. and therefore ihall make him Truftee for them. In Order to purfue the Method I have hitherto taken, and at lail, I ihall point out a Method whereby all thefe Queftions, under Confideration, may be ttated in feparate Books, when the Books are common to all the Partners, as well as when one of them is appointed Truftee for the Reft. 1 ft. Adventure to Sea, in Co. betwixt David, Daniel, and Dun¬ can , according to Proportions therein, Dr to Sundries, 180/. •viz. To David's Accompt in Co. for his proportional Share, 48/. To Daniel's Accompt in Co. for Ditto, 60/. To Duncan's Accompt in Co. for Ditto, fzl. 2d. Ditto, Dr to David's Accompt pro¬ per, for Charges paid by him on the faid Adventure, 42/. 1 y. 4 d. Secondly, David's Accompt proper, Dr to his Accompt in Co. 11/. 7 1. 6.7. i. for his proportional Share hereof. Darnel 's Ditto, 14/. 4 s. 5.7. f. Duncan's Ditto, 17/. u. 47. 3d. David's Accompt proper, Dr to Sundries, 31/. ;r. g.7. I, viz. To Daniel's Accompt proper, received his Share, 14/. 4/. 57. |. To Duncan's Accompt proper, received Ditto, 17 1. is. q7. 4th. Adventure to Sea, in Co. Car. Dr to DiviicC s Accompt proper, for Charges paid by him on the faid Adventure, 56/. 14 1. Secondly, David's Accompt pro- Solution of Mair’j fix Queftions. 375 proper, Dr to his Accompt in Co. 15/. ZJ . 4 d. for his propor¬ tional Share hereof. Daniel's Ditto, 18/. i8j. Duncan's Ditto, 22/. 13 s. 7 d. 5th. Sundries, Drs to Adventure to Sea, in Co! &c. lilt. viz. Sugar in Co. betwixt David, Daniel, and Duncan, according to Proportions therein, for the Value of the faid Sugar entrufted to him, 116/. Daniel's Accompt proper, for the Value of what he receives from on board, 100/. Duncans Accompt proper for Ditto, 96/. Secondly, David's Accompt in Co. Dr to his Accompt proper, 83/. 41. for his pro¬ portional Share of the whole Returns. ' Daniel's Ditto, 104/. Duncan's Ditto, 124/. i6r. Thus far from the Queltion, the next from the Ledger. Each One’s refpeftive Gain, being carried to his Accompt in Co. and the Articles compoftng the Balance properly collected, then it will Hand thus: Dr Balance in Co. ts Value’^ ,I<: By David's Ac- D comptproper, due > David thus , in his own private Booh. ift. My Accompt in Co. with Daniel and Duncan, Dr to Goods proper, for my proportional Share in this Adventure, 48/. 2d. My Accompt proper with Ditto, Dr to Cafli, for Charges paid by me on this Adventure, 42/. 13s. 4 d. Secondly, my Accompt in Co. with Daniel and Duncan, Dr to my Accompt proper With Ditto, 11 /, 7 s. 6d. J. for my proportional Share of thefe Charges. 3d, Cafli, Dr to my Accompt proper with Ditto, received of Daniel and Dun¬ can, their refpedhve Shares of thefe Charges, 31/. 5 s. 9./. 4th. My Accompt in Co. with Daniel and Duncan, Dr to my Accompt proper with Ditto, for my proportional Share of Charges paid by Daniel, iif 2s. if. f. 5 th. My Accompt proper with Daniel anil 376 Solution of Mair’j fix Queftions. Duncan, Dr to my Accompt in Co. with Ditto, for my proportional Share of the whole Returns, 83/. 41. See the zd Confedtary for unfixed Co’s. Thus far from theQueftion, the next from the Ledger. For the Reft, fee the Conclufion of Edward's private Journal, Queftion zd, foregoing. Dr Balance l. s.d. Cr /. j. d. To my Accompt pro-r per, due to me — ^ ? By Goods proper for their Value, or Stock rather at firft By Ca(h out of Pock¬ et, or Stock rather ,at firft - By Profit and Lofs, for my Gain — 48 00 11 7 6J 8 14 o§ 68 1 7 f Daniel thus , in his own private Books. ift. My Accompt in Co. with David, Dr to Goods proper, for my proportional Share in this Adventure, 60/. zd. Ditto, Dr to my Accompt proper with Ditto, for my proportional Share of Da¬ vid's Charges, 14/. 41. 5 d. |. 3d. My Accompt proper with David, Dr to Calh, paid him my Share of his Charges, 14/. 4j. 5 d.\. 4th. Ditto, Dr to Ditto, for Charges paid by me on this Adven¬ ture, 5 61. 14 s. Secondly, my Accompt in Co. with David, Dr to my Accompt proper with Ditto, 18/ 1 81. for my proportional Share of thefe Charges. 5th. Cotton, Dr to my Accompt proper with David, for what I have received from on board, 100/. 6th. My Ac¬ compt proper with David, Dr to my Accompt in Co. with Ditto, for my proportional Share of the whole Returns, 104/. See the zd Confedtary for unfixed Co’s. Thus far from the Queftion, the next from the Ledger. For the Reft, fee the Conclufion of Edward's private Journal, Queftion zd, foregoing. Solution of MairV fix Queftions. J)r Balance 7. s.d. To my Accompt? g By Goods proper") proper, due to me 5 for their Value, ( To Cotton, for its ? _ __ ^ or Stock rather at f Value S °° firft ,-. ..) By Cafh out ofT Pockety or Stock C rather at firft — 3 By Profit and Lofs, ? fofmyGain—• 5 377 Or 60 0 o 76 18 si io if 6J 541 16 0 141 16 o Duncan /Mr* in bis own private Booh; ift. My Accompt in Co: with David, Dr to Goods proper, for iny proportional Share in . this Adventure, jzl. 2d. Ditto, Dr to' my Accompt proper with Ditto, for my proportional Share of Da¬ vid's Charges, 17/; ir. sf. 3d. My Accompt proper with David, Dr to Ca(h, paid him my Share of .his Charges, 17/. ir. 4 d. 4th: My Accompt in Co. with David , Dr to my Accompt proper with Ditto, for my proportional Share of Daniels Charges, 221. 13A yd. 5th. Tamarinds and Ginger, Dr to my Accompt proper with Da¬ vid, for what I have received from on board, .9 61 . 6th. My Ac¬ compt proper with David ’ Dr to my Accompt in Co. with Ditto, for my proportional Share of the whole Returns, 124/. i6r. See the 2d Confeftary for unfixed Co’s. Thus far from the Queftion, the next from the .Ledger. • For the Reft, fee the Gonclufion of Edward's private Journal, Queftion 2d, foregoing. Dr 7o my Accompt? , proper, due to me S Vo Tamarinds and \ Ginger, for their > 96 Value —^ 3 Balance d. 1. 3 By Goods proper} 2 4+ for their Value, Q or Stock rather at ( 7 2 0 o firft - 3 By Cafli out of Pocket, or Stocks- if rather at firft — 3 By Profit andLofs,? for my Gain — 5 ” Gr 102 2 4 a 4i 3 C Qves- 37B Solution of Mair’j fix gkeflims, Qjr est.ion.V, As my Author gives a Journal and Ledger to this Queftion, by Siam, as Tvuilee for the Co. in this Method therefore I lhall leave this to the Learner’s own Exercife (or elfe refer him to the Author himfelf, or to the contrafled Journal, following Method 2d) -and proceed to ihew how Simon, Socrates, and Samuel, keep their Ac- compts in their private Books, to anfwer their correfponding Ac- compts in the Co’s Books. , Simon thus, in his own private Books. March ill, 1760, and ill. Stock Dr to Samuel, as per his Ac- compt in my old Ledger, 10/. 2d. My Accompt in Co. with So- • crates and Samuel, Dr to my Accompt proper with Ditto, for my J of 20 Tons of Lead, bought of Michael Merchant, and payable in 6 Months, ■ 93/. 6r. 8 d. 3d. My Accompt proper with Socrates and ' Samuel, Dr to Sundries, 155/. viz. To Calh, paid for 1000/6. of Leather, at 6d. befides 60/. for Charges, 110/. To Flannel, for 600 Yards, taken out of my Warehoufe, at 18 d; per Yard, 45/. Secondly, my Accompt in Co. with Socrates and Samuel, Dr to my Accompt proper with Ditto, 51/. 13s. 4a 1 . for my J Share of the whole Sum. March 16th, and 4th. Sundries Drs to my Accompt proper with Socrates and &MWf/,' 73/. 6s. &/. wife. Calh, received of Socrates, for his-Share of Leather and Charges, 3 61 - ry. 4 d. ■ Ditto, receiveddn Part of Samuel for Ditto, 16 /. ty. ^d. Samuel paid him what I owed him, 1 o/. William Lcve received a Bill on him for the Reft, 10 1 . I July 8th, and 5th. My Accompt proper with Socrates and Sam!, Dr to my Accompt in Co. with Ditto, for my f Share '.of 2352 Dol- j lars, at sod. per Dollar, being rhe Net Proceeds of the Voyage to j Leghorn ; 163/. 6r. 8 d. July 16th, and-6th. Ditto, Dr to Ditto, for my J- Share of the Gain made by Exchange, 3/. y. efl. Ju °4 1 10th, and 7th. Ditto, Dr to Ditto, for my j Share of the Gain J made by Ditto, 3/. 5r. $d. Augujl 12th, and 8th. Calh, Dr to my Accompt proper with Socrates and Samuel, for my - Share of 1176 Dollars, at ;2«f per Dollar, taken to my own Accompt, 84/. 181, j Sd. 9th. My Accompt proper with Socrates and Samuel , Dr to Sundries, 10 1 . 195. 6 i. f, viz. To Calh, for Charges by me paid, 3 1 . 6s. 8 d. To Profit and Lofs, for my Commiffion, 7/. 121. lod.bl Secondly, my Accompitin Co. with Socrates and Samuel, Dr to my Accompt proper with Ditto, 3/. 131. 2 i. i, for m^-j Share of both. See the 2d Confcflary for unfixed Co’s. Thus far from the Queftion, the next from the Ledger. For the Reft, fee the Conclufion of Edward's private Journal, Queftion 2d, foregoing. hi Solution of Mair’j fix Shieftions.- 379 Dr Balance Cr l. s. d. 28 18 4J To Calh, for fo much on Hand — To Stock, for what / I firft owed - 5 To William Love, > Q due to me —• 5 | 24 18 8 To my Accompt? proper, due to me i /.• s.d. By .'Flannel for its Cod, or Stock ra¬ ther at fird — By Profit and Lofs, for my Gain — 45 00 28 17 Oj 73 ‘7 °i 73 l 7 °T Socrates thus , in his own -private Books. March id 1760, and id. My Accompt in Co. with Simon, Dr to my Accompt proper with Ditto,.for my J Share of the Voyage io Leghorn, 145/. March 16th, and 2d. My Accompt proper with Simon, Dr to Calh, paid Simon my j Share for Leather and Charges, 36/. 13/. 4 d. July 8th, and 3d. Ditto, 1 Dr to my Accompt in Co. with Ditto, for my -3 Share of 2352 Dollars, at cpd.per Dol¬ lar, being the Net Proceeds of the Voyage to Leghorn, 163/. 61. 81 1 . July 16th, and 4th. Ditto, Dr to Ditto, for my f Share of Gain made by Exchange, 3 1 . ;r. 4 d. Augufl 10th, and 5th. Ditto, Dr to Ditto, for my \ Share of Gain made by Ditto, ,3/. jr. 4 d. Au- gujl 12th, and 6th. Calh, Dr to my Accompt proper with Simon, for my j Share of 1176 Dollars, at 52 d. per Dollar, taken to my own Accompt 84/. i8r. 8 d. 7th. My Accompt in Co. with Simon, Dr to my Accompt proper with Ditto, for my f Share of his Charges and Commiffion, 3/. 131. 2 d. j. See the 2d Confeftary for unfixed Co’s. Thus far from the Quedion, the next from the Ledger. For the Red, fee the Conclufion of Edward' s private Journal, Quedion 2d, foregoing. Dr Balance Cr l. s. d. 1. 1. d To Calh, for fo much ? 9 on Hand - 5 4 1 4 ‘zzrsrh? I 2j By Profit and Lofs, ? „ r , t s for my Gain- 5 21 4 48 S 4 48 5 4 " 3^ Sa- 380 Solution of Mair’j fix Quejtions.' Samuel thus, in his own private Booh. March ift, 1760, and ift. Simon , Dr to Stock, as per his Ac-' compt in my old Ledger, 10I. 2d. My Accompt in Co. with Sir mon. Dr to my Accompt proper with'Ditto, for my | Share of the Voyage to Leghorn, 145'/.’ ' March 16th, and 3d. My Accompt proper with Simon, Dr to Sundries, 3 61 . 131. 4 d. 'viz. 1 ' /. s, d. To Cafn, paid Simon, in Part for Leather and Charges i'6 134' ■To Simon, for fo much flopped with him -— .10 0 0 To William Love, for my Bill on him for the Reft — 1 10 op July 8th, arid 4th. ' Ditto, Dr to my Accompt in Co. with Si¬ mon, for my -3 Share of 2352 Dollars, at 50 d. per Dollar, being the Net Proceeds of the Voyage to leghorn, 163/. 6 s. id. July l6th, and 5th, Ditto, Dr to Ditto, for niy j Share of the Gain made by Exchange', 3/. -5;. 4/ ' Augufl loth, and 6th. Ditto, Dr to Ditto, for my f Share of the Gain made by Ditto, 3/. 5*. 4 d. Augujl 12th, and 7th. Cath. Dr to my Accompt proper with Simon, for my f Share of ii76Dollars, at 52^. per Dollar, taken to my own Ac¬ compt, 84/. i8r. 8 d. 8th.- My Accompt in Co. with Simon, Dr to my Accompt proper with' Ditto, for my j- Share of his Charges and Commiflion, 3/. 13.1. 2 d. £. See 2d Confedtary for unfixed Co’s. : " Thus far from the Queftion, the next from the Ledger." For the Reft, fee the Conclufion of Edward's private Journal, Queftion 2d, 'foregoing. Dr. ' Balance Or. 1 . s.d. I s.d. ToCalh, forfo much? M ' By my Accompt pro-? , onHahd — ' $. 68 5 4 per, due by me — 5 7 125 By Stock, due to me—10 go By William Love,J ' due to him for my >10 00 Bill - 3 By Profit 'and Lofs, ) , for my Gain- $ 21 4 f4 68 5 4 68 54 Queftion 6th. Journalized in feparate. Books by James, ' " as Trujlee for the Co. ift. Voyage to Virginia, in Co. betwixt Jacob, Jofeph, John and James, -’-'each, Dr to Sundries, 420To Jacob's Accompt -■ ’• - ■" ‘ ■ ' in Solution of Mair’j fix Sfiteftions 38r . in Go. for his Share of the Ship, 10;/. To Jofeph's Accompt in Go. for his Share of Ditto, 105/. To John's Accompt in Co. for his Share of Ditto, 105/.. To James 's Accompt in Co. for his Share of Ditto, 105/. 2d. Ditto, Dr to Samuel Crouch, for fundry Goods bought of him, payable at 2 Months, 636/. 10s. Secondly, Jacob 's Accompt proper, Dr to his Accompt in Co. 159/. 2/. 6 d. for his x Share of this Purchafe. Jofeph's Ditto, 159/. 2 s. 6d. John's Ditto, 159/. 2 s. 61 James's Ditto, 139/. 2t. 61 3d’. Ditto, Dr to Sundries, 147/. Us. Sd. viz. To Jacob's Accompt proper, for Charges paid by him, 67/. 151. To Jofeph’s Accompt proper for Ditto, 28/. 6 s. Sri. To John's Accompt proper for Ditto, 3';/. To James's Accompt proper for Ditto, 16/. tor. Secondly, Jacob's Accompt proper. Dr to his Accompt in Co. 36/. 17t. 1 id. ■ for his Share of thefe Charges. Jofeph's Ditto, 3 61 . 17 s. \ id. John's Ditto, 36/. 17 s. 11 d. James's Ditto, 36/. i 7 s. ud. 4 th. Sa¬ rnie! Crouch, Dr to Sundries, 636/. 10 s. viz. To Jacob's Accompt proper, paid by him, 197/. To Jofeph's Accompt proper Ditto, 248/. 'Vo John's Accompt proper Ditto, 185/. To Voyage to Virginia, in Co. &’c. for what he abates the Co. 61 . tor. Secondly, Jacob's Accompt in Co. Dr to his Accompt proper, il. 12s. 6d. for his i of this Abatement. Jofeph's Ditto, 1 /. I2r. 6 i. John's Ditto, 1 /. 12 s.6d. James's Ditto, 1 /. 12;. 6 d. 5th. Voyage to Virginia, in Co. &c. £>r to James, his Accompt proper, for Charges paid by him, 19/. i6r. 8 d. Secondly, Jacob's Accompt proper, Dr to his Accompt in Co. 4/. 19;. 2 d. for his f Share of thefe Charges. Jo¬ feph's Ditto, 4/. 19J. zd. John's Ditto, 4/. 191. 2 d. James's Ditto, 4/. 19/. 2 d. 6th. Sundries Drs to Voyage to Virginia, in Co. &c. 575/. viz. Voyage from Virginia, in Co. betwixt Ja¬ cob, Jofeph, John and James, \ each, for the Value of Soooolb. of Tobacco fhipped homewards, 400/ Elias Vurnet, of London, for a Bill drawn on him by the Purchafe of the Co’s Goods, 17;/. Se¬ condly, Jacob's Accompt in Co. Dr to his Accompt proper, 43/. Ip. for his f of this Bill. Jofeph's Ditto, 43/. Ip. John's Ditto, 43/. ip. James's Ditto, 43/. ip. 7th. Voyage from Virginia, b'c. Dr to Sundries, 1526/. p. viz. To Jacob’s Accompt in Co. for his fShare ofDutypaid, 3S1/. tit. 3 d. To Jofeph's Accompt in Co. for Ditto, 381/. lit. 3 d. To John's Accompt in Col for Ditto, 381 /. | it. 3 d. To James's Accompt in Co. for Ditto, 381/. lit. 3 d. 8th. Sundries, Drs to Voyage from Virginia, in Co. 400!. viz. Jacob's Accompt in Co. for his 4 Share withdrawn, loo/. Jofeph's Accompt in Co. for Ditto, 100/. John's Accompt in Co. for Ditto, 100/. James's Accompt in Co. for Ditto, ico/. 9th, Calh, in Co. &c. Dr to Elias Burnet, received the Bill drawn on him, 175/. 10th. Voyage from Virginia, in Co. Is'c. Dr to Sundries, 129/. lot. viz. To Jofeph's Accompt proper, for Char¬ ges paid by him, 37/. 10s. To James's Accompt proper for Ditto, 382 Solution of Mair’j fix fuefiions. 92/. Secondly, Jacob's Accompt proper. Dr to his Accompt in Co. 32/. 7 s. 6d. for his 5 Share of thele Charges. Jofeph's Ditto, 32/. 7 s. (id. John's Ditto, 32/. 7 s. 6d. James's Ditto, 32/. 7/. 6d. nth. John’s Accompt proper. Dr to Voyage from Virginia, in Co. &c. received of Mr . Eachard, thelnfurer, 265/. Secondly, Jacob's Accompt in Co. Dr to his Accompt proper, 66/. cs. for hjs Share of this Sum, Jofeph's Ditto, 66/. 5,-. John's Ditto, 66/, 5<. James's Ditto, 66/. 5 s. I2th. Voyage from Virginia , in Co, &c. Dr to James's Accompt proper, for Charges paid by him, 42/. 1 u. 6 d. Secondly, Jacob's Accompt proper, Dr to his Accompt in Co. 10/. I2i. 10 d.\. for-his £ Share of thefe Charges. Jofeph's Ditto, 10/. 1 2s. 10 d. f. John's Ditto, 10/. 12 s. 10 d. James’s Ditto, 10/. / 2s. lod. Thus far from the Queftion, the next from the Ledger.' Each Partner his Accompt in Co. being debited to the Voyages in Co. for their refpeftive Lodes thereby, and the Articles compo- fing the Balance properly collcfled, then it will Hand thus: Dr Balance in Co. Cr . 1. s. d. To Caih, in Co. for? fo much on Hand 5 ' ^ To John's Accompt? 1 proper, due by him 5 1 . . d. 38 ,o * 5y Jofeph's Acc.? i8i 2j proper, due to him S y . z iy Jacob's Acc.? I3Z 7 6 i 35 2 7 Si 35 2 7 si N. B. With Refpeft to the laid Article but one, namely, where Mr. Eachard pays John, 265/. if Mr. Eachard had been made Dr for 425/. to the Voyage from Virginia, in Co. Cfc. and then Cr by John, for 265/. and by Voyage from Virginia, in Co. fsfr. for 160/. the Difcount, and each Partner’s proper Accompt had been debited and credited for iheir refpcftive Shares of 425/. and 160/. theRe- fult would have come to the fame, though not fo concife. James thus , in his own private Books. ill. My Accompt in Co. with Jofeph, Jacob and John, Dr to Calh, paid for my £ Share of a Ship in Co. with Ditto, 105/. 2d. Ditto, Dr to my Accompt proper with Ditto, for my - Share of fundry Goods bought of Samuel Crouch, 159/. 2j. 6d. 3d. Ditto, Dr to Ditto, for my £ Share of Charges paid by Jacob, Jofeph, and John, 32/. i;j. 5 d. 4th. My Accompt proper with Jofeph, Jacob, and John, Dr to Caih, for Charges paid by me at ihipping Solution of MairV fix Queftms. 383 off our Goods, 16/. ioj. Secondly, my Accompt in Co. with Jo- fab, Jacob, and John, Dr to my Accompt proper with Ditto, 4/. 2 j. 6d. for my f Share of thefe Charges. 5th. My Accompt pro¬ per with Jofeph, Jacob, and John, Dr to my Accompt in Co. with Ditto, for my Share of what Samuel Crouch abates the Co. it. izj. 6d. 6th. Ditto, Dr to Calh, for Charges paid by me, lgl. 16 s. $d. Secondly, my Accompt in Co. with Jofepb, Jacob, and John, Dr to my Accompt proper with Ditto, 4 1. igj. 2d. for my ^Share of thefe Charges. 7th. My Accompt in Co. with Jofepb, Jacob, and John, Dr to Calh, for my 5 Share of Duty paid at the Land¬ ing Our Tobacco, 381/. in. 3 d. 8th. Tobacco, Dr to my Ac¬ compt in Co. with Jofeph, Jacob, and John, for ^ Share of jzooolb. withdrawn by me, 100/. gtl). My Accompt proper with Jofepb, Jacob, and John, Dr to my Accompt in Co. with Ditto, for my f Share of Elias Burnet's Bill, 43/. 13 s. 10th. Ditto, Dr to Calh, for Charges paid by me, 92/. Secondly, My Accompt in Co. with Jofepb, Jacob, and John, Dr to my Accompt proper with Ditto, 23V. for my ^ of thefe Charges, nth. My Accompt in Co. with . Jofepb, Jacob, and John, Dr to my Accompt proper with Ditto, . for .my \ Share of Charges paid by Jofepb, 9/. js. 6 d. 12'h. My Accompt proper with Jofeph, Jacob, and John, Dr to my Accompt in Co. with Ditto, for my | Share of John's Receipts of Eachdrd, 66/. 5r. 13th. Ditto, Dr to Calh, for Charges paid by me, 42/. . 11c. 6d.. Secondly, My Accompt in Co. with Jofeph, Jacob, and . John, '. Dr. to my Accompt proper with Ditto, 10/. 12s. 10 d. f. for , my. L Share of thefe Charges. . See the 2d Confeftary for unfixed Co’s. Thus far from the Queftion, the next from theLedger. Profit and Lofs, beingdebited to my Accompt in.Co. for my Share of the Lofs, and the Articles compoftng the Balance properly col- lefted, then it will Hand thus : f) r . Balance , Cr l. s. d. l- t.d. To my Accompt? . IO By Calh, for lb much? - proper, due to me 5 38 10 81 out of Pocket 0^657 9 5 To Tobacco, for? • OQ Stock rather at M J> its Colt — V . To Profit and Lofs,? , jg gr. loft -- } 5 1 . ^ __ 6>7 9 5 .384 Solution of Mai r’s fix QueJUons. < Jacob thus , in his own private Books. ift. My Accompt in Co. with James, Dr to Cafh, paid for my | Share of a Ship in Co.'with Ditto, 10;/. zd. Ditto, Dr to my Accompt proper with James, for my | Share of fundry Goods bought of Samuel Crouch, 15gl.2s.6ci. 3d. My Accompt proper with James, Dr to Cafh, for Charges paid by me at fhipping off our Goods, 67/. 15/. Secondly, my Accompt in Co. with James, Dr to my Accompt proper with Ditto, 1 61. 1 8r. 9 d; for my \ Share of thefe Charges. 4th. Ditto, Dr to Ditto, for my f Share of Charges paid b yjofepb, John, and James, 19/. 19;: zd. jth. My Accompt proper with James, Dr to Sundries, 198/. izr; 6 d. via; To Goods proper,for what I have paid Samuel Crouch, 197/. To my Accompt in Co. with James, for my | Share of what Samuel Crouch abates the Co. ll. 12s. 6d. 6th. My Accompt in Co. with James, Dr to my Accompt proper with Ditto, for my | Share of Charges paid by James, 4/. 19J. id. 7th. My Accompt in Co. with James, Dr to Cafh, for my \ Share of Duty paid at Landing our Tobacco, 381/. 1 is. 3 d. 8th. Sundries, Drs to my Accompt in Co. with James, 143/. 15s. via. Tobacco for my £ Share of 7Z000 lb. withdrawn by me, 100/. My Accompt proper with James, for my £ Share of Elias Burnet's Bill, 43/. 15s. 9th. 'My Accompt in Co. with James, Dr to my Accompt proper with Ditto, for my £ Share of Charges paid by James, 251. 10th. Ditto, Dr to Ditto, for my £ Share of Charges paid by JoJefh, 9/. p. 6^ nth. My Accompt proper with James, Dr to my Accompt in Co. with Ditto, for my £ Share of John's Receipts of Eachard, 661. 5 s. izth. My Accompt in Co. with James, Dr to my Accompt proper with Ditto, for my £ Share of Charges paid by James, lal. lzs.\od.\. See the z Confeflary for unfixed Co’s. Thus far from the Queftion, the next from the Ledger. For the Reft, fee the Conclufion of James's private Journal. J)r Balance l. s. d. To my Accompt? proper, due to me $ To Tobacco, for? its Coft -- S To Profit and Lofs, ^ 13Z 7 6f 100 o o 518 18 8f By Cafh outof Pock- et, or Stock rather >554 By Goods proper 1 for their Value, or > 197 Stock rather at firft J Cr s.d. 63 75 1 6 3 Jofeph 75 1 6 3 , Solution of Mai r’j fix Shieflions, . .385. Jofephlkts, in his own -private Books. 1 ft. My Accompt in Co. with James, Dr to Calh, paid for my | Share of a Ship, in Co. with Ditto, 10;/. zd. Ditto, Dr to my Accompt proper with Jams, for my £ Share of 'fundry Goods bought of Samuel Crouch, 159/. 2s. bd. 3d. Ditto, Dr to Ditto, for my | Share of Charges, paid by Jacob, John, and James, 29/. i6r, 3 1 4th. My Accompt proper with James, Dr to Calh, for Char¬ ges paid by me at (hipping off our Goods, 28/. bs. U Secondly, my Accompt in Co. with James, Dr to my Accompt proper with Ditto, 7/. ir. 8 d, for my £ Share of thefe Charges. 5 th, My Ac¬ compt proper with James, Dr to Sundries, 249/. 12r, bd. viz. To George Sandys, for my Bill.on him to Samuel Crouch, 248/. To my Accompt in Co. with James, for my £ Share of what Samuel Crouch abates the Co. il. lzs. bd. 6th. My Accompt in Co. with James, Dr to my Accompt proper with Ditto, for my £ Share of Charges paid by James,- 4/. 191. zd. 7th/Ditto, Dr to Calh, for my £ Share of Duty paid at the Landing our Tobacco, 381/. in. 3 d. 8th. Sundries, Drs to my Accompt in Co. with James, 143/. 1 5 s. viz. Tobacco, for my £ Share of yzaoolb. withdrawn by me, 100/. My Accompt proper with James, for my £ Shave of Elias Burnet’s •. Bill, 43/. 15 s. 9th. My Accompt in Co. with yaw, Dr to my Accompt proper with Ditto, for my £ Share of Charges paid by James, 23/. 10th. My Accompt proper with James, Dr to Calh, for Charges paid by me, 37/. ior. Secondly, .my Accompt in Co. with James, Dr to my Accompt proper with Ditto, 9/. 7 s. bd. for my | Share of thefe Charges, nth. My Accompt proper with James, Dr to my Accompt in Co. with Ditto, for my £ Share of John’s Receipts of Eachard, bbl. $s. 12th. My Accompt in Co. with James, Dr to my Accompt proper with Ditto, for my £ Share of Charges paid by yaw, 10/. I2r. 10 d. f. See the 2d Confeflary for unfixed Co’s. Thus far from theQueftion, the next from the Ledger. For the Reft, fee the Conclufion of James’s private Journal. Dr Balance Cf l. s. d. 1. s. d. To my AccomptVg , By Calh out of^ proper, due to me S " 2 Pocket, or Stock >552 711 To Tobacco for its? Q Q rather at firft— j Coft - 5 . By George Sandys, ? „ To Profit and Lofs, ? 0 0 qi for my Bill on him \ 4 loft _ C5 l8 18 % 386 -Solution of Mair’j fix Quejlions. John thus, in his own -private Booh. ill. My Accompt in Co. with James, Dr toCa(h, paid for my J'Share of a Ship in;Co. with Ditto, 105/. 2d. Ditto, Dr to my Accompt proper with James,- for my § Share of fundry Goods bought of Samuel Crouch, 159/. 2s. 6d. 3d. Ditto, Dr to Ditto, for my £ Share of Charges paid by Jacob, Jofepb, and James, 28/. -zs. I iff. 4th. My Accompt proper with James, Dr to Cafh, for Charges paid by me at (hipping off our Goods, 35/. Secondly, my Accompt in Co. with James, Dr to my Accompt proper with Ditto, 8/. 15;. for my 5 Share of thefe Charges. 5th. My Accompt pro¬ per with James, Dr to Sundries, 186/. 12 s. 6d. viz. To Cafh, for what I have paid Samuel Crouch, 185/. To my Accompt in Co. With James, for my £ Share of what Samuel Crouch abates the Co. 1 /. 12ri 6 d. 6th. My Accompt in Co. with James, Drto my Ac¬ compt proper with Ditto, for my £ Share of Charges paid by James, 4/. igr. 2d. 7th. Ditto, Dr to Cafh, for £ Share of Duty paid at the Landing our Tobacco, 381/. in. 3 d. 8th. Sundries, Drto my Accompt in Co. with James, 143/. 151. viz. Tobacco, for •my f-Share of 72‘000/L withdrawn by me,. 100/. My Accompt "'proper with James-, for my f Share of Elias Burnet's Bill, 43/. 151. 9th. My Accompt in Co. with James, Dr to my Accompt proper with Ditto, for my f Share of Charges paid by James, 23/. loth. Ditto,- Dr to Ditto, for my \ Share of Charges paid by JoJeph, 9/. 7s. 6 d. it th. Cafh, Dr to my Accompt proper with James, received of Mr. Eachard, for the Co’s'Ufe, 265 1. Secondly, my Accompt proper with James, Dr to my Accompt in Co. with Ditto, 661s 5 s. for my | Share hereof. 12th. My Accompt in Co. with James, Dr to. my Accompt proper with Ditto, for my £ Share of Charges paid by James, 10I. 12s. 10 d. f. See the 2d Confeclary for unfixed Co’s.. Thus far from the Queflion, the next from the Ledger. For the Reft, fee the Conclufio'n of James 's private Journal. Dr ■ Balance Cr l. s. d. 1. s. I To Tobacco for-its? „ By my Accompt 7 . „ ,1 Coll-5 ° proper, due by me 5 77 7 5 r To Profit and Lofs, 7 „ „ By Cafh out of 7 loft -- p 1 1 Pocket, or Stock >441 11 3 rather at firft — 3 618 18 8f 618 18 8| Oeshr- Solution of Mail’s fix Chief ions. • 387 ' Observation. I have in the private Journals before'inferted, and' in the.follow- ing private Journals too, fuppofed the Learner already capable to. make a Regiller from each primitive Quellion under Conlideration,' in each of the Parmer’s own private Books, of what each Partner has received from, or delivered to the .Co. or ptherwife, of what, he owes, or wants of them, in the fame Manner as is already done in Jones's 6 Quellions before inferred,, which fee; or .that he is ca-’ pable, by the Strength of his Memory (which is tVeir i\miStepI.-e?!S Method) to imagine fuch a Regiller as deducible and'made from each primitive Quellion-in each-fefpedlive Partner’s own private Books, to which the fev'erd private Journals, before, and after this inferted, of the' faid Quellions, under Confideratiori, do' anfwer; which faid private Journals will point out an eafy Method how the faid Regiller ought to be made, and inferted in the Books of each Partner to any one who will fet himfelf about it; and therefore I here advife the Learner, firft to read over the feveral private Wade-Books which I have drawn from Jones 's 6 Quellions, and when he has done this, then to fit down and endeavour to draw the like private Waile-Books from thefe Quellions, under Confideration, and com-, pare them with the private Journals herein inferted, both at full Length, and in. a cor.trafled Manner, which will give him fo full and compleat a Notion of this Method of keeping ' ccompts, that he will need no further Inilruftion ; and it is for this Reaibn, and the Want of Room, that I myfelf' have omitted them, contrary to my firil Defign. And idly. The'before cited 6 Queftions of Mair in Co. Accompts fated, according to Weir 5 s. Method, when each Partner, has only an Accompt proper, or cur¬ rent. N. B. As-I have given the preceding Set of Journals at full • Length, I lhall,-for the Sake of Brevity, give the following in a contrafted Manner. Queftion ift. Journalized in feparate Books by Robert, . as Truflee for the Co. See the ill.Cafe for unfixed Companies, id. Broad-Cloth, Dr to Sundries, 208/. «. To Robert, 108/. To Roger, .100/. 2d. Ditto, Dr to LaumnceLmit, 37/. I or. 3d. 3 D 2 Sun- 3'88- Solution of Mair’j fix Queftions. Sundries, Drs to. Broad-Cloth, 143/.. viz. Cafh, 11 61. Robert, 27/. 4th.. Sundries, Drs to Ditto, 121/, 10 s..viz. Ca(h, .6o/! Reger, 61/. iof. '5th. Laurance Love, Dr to Sundries, 37/.” tor.. viz. ' To Cafh, -37/.' To Broad-Cloth, tor. Thus far from the Queftion, the next from'the Ledger. The Gain of each Partner being carried . to his Accompt, or the whole Gain firft to Profit and Lofs', and then each Partner's Share to his Accompt', and the Articles compofing the Balance properly collefted, then'it will Hand as before fet down in the'Ledger to this Queftion,' which fee. ■ ■ Robert thus , in his own private Books. See the Confeftary to the if! Cafe, for unfixed Co’s, ift. The Co. Dr to Broad-Cloth, 108/. 2d. Stock, Dr to Join Cole, 27/. • 3d. John Cole, Dr to the Co. 27/. 4th. The Co. Dr to Profit and Lofs, 10/. 21. 64. Colleft: the Balance, and it will Band as before fet down in the Ledger to this Queftion, which fee. Roger thus , in his own private Books. Seethe Confeftary to the ill Cafe, for unfixed Co’s, tft. The Co. Dr to Broad-Cloth, 100/. 2d. Stock, Dr to Bills payable, 61/. ior.' ' 3d. Bills payable. Dr to the Co. 61/. 10/. 4th. The Co. Dr to Profit and Lofs, 9/. 7 s. 6 4. Coll eft the Ba¬ lance, and it will Band as- before fet down in the Ledger to this Queftion, which fee. ....... Queftion. 2d. Journalized in feparate Books hy Edward, asHrujiee for the Co. See the ifl Cafe, for, unfixed Co’s.. iB. Voyage to Virginia, per the Ehijlle, A. B. Matter, Dr to Sundries, 46/. 131. 44. viz. To Ehenezer, 30/. To Edward, 16/. 13*. 4 82 00 By Profit and Lofs ,} 0 . , „ for my Gain - 5 5 s 6 8 140 6 8 140 6 8 4nd jn like Manner do B and C proceed in their private Books. The Co’s Journal. ift. Trade, Dr to Sundries, 1750/. viz. To A, 610/. To B, 460/. To C, 680/. ' 2d. Sundries, Dr to Trade, 1925/. viz. A, 528/. B, 715/. C, 682/. ' Thus far from the Queftion, the next from the Ledger. Having debited Trade to each one for his Share of the Gain,- and the Articles compofing the Balance properly colledled, then it will iland thus: Dr Balance Cr l. s. d. 1. s. d. To B, due by him— 196 13 4 By A, due to him — 140 6 8 By C, due to him ~ 56 6 8 196 13 4. 196 13 4 . . ' ktbus; 398 Solution of Mair’j fix §>ueJHons. A thus , as T'rujlee for the Co. in his own private Journal , by Weir’j Method. ' And firfl: for hirnfelf.. ill. The Co. Dr to Cadi, 610/. Secondly, Trade in Co. Dr to the Co. 583/. 6 s. id. ■ 2d. The Co. Dr to Trade, in Co. 641/. 13,. 4 d. And next for the Co. • Trade in Co. Dr to Sundries, 1750/. viz. To my Accompt proper, 610I. To B's. Accompt proper, 460/. -.To C’s-Accompt proper, 680/. Secondly, my Accompt proper, Dr to my Accompt in Co. 583/. 6 s. id. B's Ditto, 583/. 6 s. id. C’s Ditto, 583/. 6 s. id. ad. Sundries, Drs to Trade in Co. 1923/. viz. Calh in Co. 528/. B’s Accompt proper, 715/. C’s Accompt proper, 682/. Secondly, my Accompt in Co. Dr to my Accompt proper, 641/. 13.1.41/. B’s Ditto, 641/. 13*. 4 d. C's Ditto, 641/. 13*. 4 d. . Thus far from the Queftion, the next from the Ledger. When Trade in Co. is debited to each of their Accompts in Co. for their Shares of the Gain, in the Articles'taken from this lad Part of the Journal, which concerns the Co. arid Trade in Co. being de¬ bited alfo to Profit and Lofs, for A's Share of the Gain, in the Ar¬ ticles taken from the firfl: Part of the Journal, which concerns him¬ felf, and the Articles compofing the Balances being properly col- ledled in both, then they will Hand thus: Dr Balance ■ Q- l.s.d. ’ 1. s.d. To Calh in Co. on? g 0Q By my Accompt? m 6g Hand -- S. 5 proper, due to him \ To B’s Accompt? By C’s •Accompt? _ 6 6 g proper, uue by him 3 J J “ proper, due to him b J ' ‘ ' 724 13 4 .7H 13 4. Dr Balance . Cr l. s.d. ..L..f.d. To the Co. due to me 668 6.8 EyCaihoutofPock- et, or Stock rather £610 0 0 at firfl. '- S By Profit and Lofs —- 58 6 8 . Solution of Mair’j fix Queftions. ' 399 N. B. After cither of thefe Methods, juft laid down, may the re¬ maining 5 Queftions be ftated. 1. Obierve, that the Dr Side of the Accompt Co. polled from the ill Part of the above Journal, anftvers exaftly to 'the Cr Side of my Accompt proper, which is polled from the ad Part of the faid Jour¬ nal, according to the Method of journalizing ufed above; but had J, journalized the lirll Part of the above Journal thus, ill. Sun¬ dries, Drs to Calh, 610/. via. Trade in Co. 583/. 6s. Sd. The Co. 2 61. 13 s. 4/ 2d. The Co. Dr to Trade in Co. 641/. 131. 4 d. then they would have difagreed. See the latter Part of the ill Ob- fervation upon the ill Metliod of Hating Mair s Queftions. 2. B and C, do journalize exaftly the fame as is before laid down in the Hating this veryQueftion by London's and the common Method, which fee. 1 fhali next Ihew how Man's 6 Queftions may be ftated by Snell’s, Londons, and the common Method. And lirll, how they may be Hated by the common Method. For Inllance, take iftQueftion, you need only to turn to the'Truitee’s Journal, by Weirs ill Method of Hating thefe Queftions before laid down, and colleft from thence all the Entries which belong to Ro¬ ger, and for thofe that belong to Robert, put the Name of the Goods, toe. if they be his own, inftead thereof, or if they belong to the Co. omit his Share therein ; Iikewife, omit his Journal for his pri¬ vate Share, and let Roger’s private Journal Hand as it does there. An Inllance of which here follows: Mair’j i Jl Queftioji, journalized by Robert, as Truftee for the Co. in his own private Books, by the common Method. ill. Broad-Cloth, in Co. betwixt Robert and Roger, according to Proportion therein. Dr to Sundries, 208/. viz. To Broad-Cloth, 108/, To Rogers Accompt in Co. 100/. 2d. Ditto, Dr to Lau- rance Love, 37/. 1 or. Secondly, Roger's Accompt proper, Dr to his Accompt in Co. 18/. or. 7 d. 3d. Stock, Dr to John Cole, 27/. 4th. Sundfrs, Drs to Broad-Cloth, in Co. or. 143/ viz. Call), 116/.' John Cole, 27/. Secondly, Rogers Accompt in Co. Dr to his Accompt proper, 68/. 151. 5 th. Sundries, Drs to Broad-Cloth in Co. (5c. 121/. JOs. viz. Calh, 60/. Roger's Accompt proper, 61/. lor. Secondly, Roger's Accompt in Co. Dr to his Accompt proper, ;8/. 8r. 3d. ;j. 6th" Laurance Love, Dr to Sundries, 37/. ior. via. To Calh, 37/. To Broad-Cloth, in Co. „ior. Secondly, Roger's Accompt in Co. Dr to his Accompt proper, 41. 9 d. j. Collcft the Balance, and it will Hand thus: '400 • Solution of MairV fix Queftms. Dr ' Balance C. /.. S.d. To Cafli on Hand—139 00 By Broad-Cloth for") ToStock, owed atfirlf 27 0,0. its Colt, or Stock i- i rather at firft — 3 By Roger’s Accompt 7 ■ _ , proper, due to him ' S By Profit and Lofs, ? formyGain — 5 47 i~ 6 to . 2-6 166 166 00 And in this Manner may the remaining 5 Queftions, done by ■ Weir's lit Method, be converted into the common Method, and confequently, into London's Method too, as I have -‘before Ihewn 'that London's , and the common Method may be made to agree in every Thing, except that one makes Ufe of an Accompt in Co. and the other not. And as to Snell's Method, it will agree with either of the other in the 3 firlt Queltions, where only two are concerned; But in the 3 lalt Queltions, it will differ from them. And as I have Ihewn what will be due to, and from each Partner, as alfo what each Partner owes, or wants of the Co. the lit agreeing with Snell’s,, •and the lalt with the common Method, in my firlt Method of Hating all thefe Queltions, and having adtually Ihewn how 6 are journalized by all the 3 Methods, and likewife given the Refults of ocher 6 Que¬ ftions agreeable thereto. I ihall here leave the Refults of the 5 other Queltions, by all the 3 Methods, for the Accomptant’s own Exercife,' and conclude with a Relledtion on all the Methods before mentioned. And 1 It, on Snell’s Method, which may be looked on as the Foun- 'dationof all the Reft. This Method is founded on the Doftrine of Eleftions, from which the ‘common Method is derived, being an Abridgment of it. London's Method is plainly an Abridgment of the common Method, and the common Method is evidently too an A- ' bridgment of Weir’s Method, and fo is Dodfon's Method alfo'.