Nov An Invoice. Invoice of 110. Barrels of bot & Pearl Ashes shipped on board the Frances D. Braine Master, for London, by order of Mr. A.B. Merchant of that place, for his Account & risk, and to him consigned. AB to Cut 65 Barrels Pot.w. 165.3.20 Tare 1/8 20.2.2 abdol 40cents is 929.20 45 ditto Pearl, W., 110-2.0 AB to 10 66 क Tare 18 13.3.7 @ 7 dollars is Charges Lollars 606.01 Cooperage Cartage Mhar 57.80 Cent Dollars 1713.09 @ Exchange 47/6is £385.8.11. Sow Tide Day Bock B 18 Jan?" page 49. Dec. 1808. York 7. Dec. Richard Conder Butler Scrip Cooper Sculp! The holder of a Bill, when he is to pay it away, indorses it, by writing his name on the back of it; and every indorser is liable for the fate of the Bill. The person to whom a Bill is made payable, must be the first indorser. This transference may be continued through any number of hands; and in case the Bill, in the event, should prove bad, it generally retreats in the same way it advanced; at least, in the way of courtesy. The holder, or last indorser, demands Principal and costs of the one who preceded him, from whom it is presumable he had the Bill, and so on to another, till it reaches the drawer, who is finally accountable. In case of diffilence, however, the holder may sue all the preceding indorsers and drawer together. IV. BILLS OF PARCELS. A BILL of PARCELS is a Note of the quantity and value of goods sold, which is delivered to the Purchaser, by the Seller, along with the goods. When the Account is a copy of Goods sold at the time, the expression is, Bought of A. B.; but if it be for goods sold at a former period, make it Dr. to A. B. or To A. B. Dr. When the articles are sold at one time, the place and date is written at the top of the account, as in the Engraved specimen; if not, the different dates are placed in the margin. When an Account is to be settled either by Cash or Bill, a receipt is granted at the foot, in which the manner of settling it is expressed. If a partial payment be made, it is placed under the Account, and sub. stracted. If several partial payments be made, they are short-extended,, and their sum substracted. In making out an Account of Goods formerly sold, it is sufficient to express only the date and sum of each Bill of Parcels; and refer, for particulars, to the Account which was sent with the goods at the time of purchase this is called a General Account. See the Engraved specimen. : V. INVOICES. An INVOICE is an Account, of Goods sent off generally by sea, either in consequence of an order from the Person to whom they are sent, and at his risk, or consigned to him for sale at the risk of the Owner. It will be observed from the Engraved specimen, that the Title or preamble, contains the name of the Vessel and of the Master, place of desti nation, and the name of the Person to whom the Goods are sent, and af whose risk. An account is next given of the quantity and value of the Goods, with the marks, exhibited on the margin. The Charges at shipping are added to the cost of the goods; and if there is Commission due for purchasing and shipping the goods, it is generally charged on this sum. If Insurance be effected by the Person who ships the Goods, he charges a small allowance, generally Cent. on the sum insured, This sum, in order to cover the Premium and other expenses in case of loss, is allowed to be something more than the value at risk. When an Agent or Shipper of goods, charges what is called the Long price, he either deducts the Drawback from the sum of the Invoice, or gives his correspondent credit for the same when he receives it; but, when he only charges the Short price, he keeps the Debentures, or drawbacks, to himself. When he receives a Certificate of the landing of the goods at the destined port, he is entitled to receive the drawback. It is common for an Agent, when he purchases a Cargo on Commission, to transmit the several Shop-keepers and Tradesmen's Bills of Parcels, for his employer's satisfaction; in which case it is sufficient to express the sum of these in the Invoice, and refer for particulars, to the Bills of parcels. Merchants usually prefix the words, Errors Excepted, to their signature, in every Account which they subscribe, that they may have it in their power afterwards to correct errors, if any be discovered ; and they prefix any farther limitation, or fuller explanation of the import of their Subscription, if the nature of the business require it. The clause or clauses used for this purpose, is called the docket. If it be intended, that the Account shall be absolutely settled, so as to exclude all revisal or alteration, this intention must be mentioned in express words in the docket; for though the words Errors Excepted be wanting, it will be considered as an omission, and will not prevent the party injured by the errors from correcting them. VI. ACCOUNT SALES. An ACCOUNT SALES, is an account of Goods sold on Commission, and drawn out by the Agent to whom they were consigned, to be sent to his Employer. It contains the quantity and value of the goods sold, the Charges attending the Sales, the Agent's Commission, and the Net proceeds. In the specimen of the sale here given, we first specify the quantity, price, and amount of the goods sold; next the various charges incur. red by the Sales. The Commission is charged on £. 287 13s., the |