Business Short Cuts in Accounting: Book-keeping, Card Indexing, Advertising, Correspondence, Management

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Book-keeper Publishing Company, Limited, 1904 - 157 sider
 

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Side 109 - Presentment for payment is not necessary in order to charge the person primarily liable on the instrument; but if the instrument is, by its terms, payable at a special place, and he is able and willing to pay it there at maturity, such ability and willingness are equivalent to a tender of payment upon his part. But except as herein otherwise provided, presentment for payment is necessary...
Side 109 - ... (3.) Presentment must be made by the holder or by some person authorised to receive payment on his behalf at a reasonable hour on a business day...
Side 62 - Any number divided by 9 will leave the same remainder as the sum of its digits divided by 9.
Side 109 - Where the instrument is not payable on demand, presentment must be made on the day it falls due. Where it is payable on demand, presentment must be made within a reasonable time after its issue...
Side 57 - In that way it makes interest but a continuation of other subjects, instead of an entirely new subject with a new system of computation. The rule is stated as follows : Find interest on principal for one year at given rate ; reduce months and days to the decimal of a year; multiply the interest for one year by the number of years. For example : Find the interest of $750 for 2 yrs. 9 mos. 18 days at 4^2 per cent.
Side 130 - It will be seen from this description that the invoices received cannot only be referred to, but information can be obtained at a glance as to whether the bill of goods has been received; as to whether the goods are...
Side 40 - ... of clover seed. 2. What proportions of teas worth respectively 3, 4, 7 and 10 shillings a pound, must be taken to form a mixture worth 6 shillings a pound ? OPERATION.
Side 109 - ... was issued, the holder is bound to make presentment at that place. In the case of a note made and dated in New York, the maker then residing in Florida and not having changed his residence at maturity, HELD that demand must be made of the maker in Florida in order to change the indorser. Presentment must be made upon the day the paper is due. Presentment either before or after maturity is a nullity. An acceptance is not good unless completed by delivery. Only those who have the title to an instrument...
Side 70 - In this table it will also be noticed that each multiplier is divisible by 9, and that, if the figures in each answer are added together, they will form a total which, if added together, will equal 9. For example, take the second answer, 17777777778. These figures added together equal 72, and 7 plus 2 are 9.

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