13. Paid John Wright for Repairs to House at Windsor, 21 145.How should these entries be recorded?

14. Paid my Clerk, J. Penman, three months Salary,

17 10s. and 15. Paid my Landlord half-a-year's rent of Warehouse, £25-How should these entries be recorded ?

16. Received Cash for a Debenture & Isabella, £56 2s.—What accounts should I place it to?

17. Having received £200 from H. Watt, on account of Richard Conder, New York, required the necessary entry in the Cash-Book, and the form of an acknowledgment to Mr. Watt?

18. Received one year's interest in Stock on Rope-work Co. £22 10s. 19. Received a Dividend at the Bank, half-a-year's interest on £2965 Stock in the 3 Cents. £40 Os. 6d. To what accounts should I

enter these two transactions?

20. Settled with the Owner's of the Ship Britannia, and received my One-fourth share of gain, £157 19s. 2d.

21. Received Freights of my ShipMinerva, from Jamaica, £897 11s. 21. 22. Paid Captain Noble, of the Minerva, in full, £763 17s. 9d. 23. Paid for Repairs to Ship Minerva, £220 10s.-To what accounts should I place the last four transactions?

Required the proper Journal Entries for the following Transactions: 1st. Paid B. C.'s Draft on me at sight?

2d. Won of A. C. a Wager of £50, which is paid me?

3d. Paid J. B. one years Interest on £1000, borrowed on bond? 4th. Received from E. K. one year's Interest on £500 lent on Bill, also the principal ?

and

5th. Bought for Cash P. M.'s Bill on E. F. at 50 days date, f £150, at 20 days Premiu m, and remitted it to G. H.?

6th. Sold for Cash my Draft on S. D. & Co. & £200, and allowed 25 days discount?

7th. Lifted my Acceptance to E. F. for £400, by indorsing him G. J.'s Bill for £250, at 1 month, and paid him the balance in Cash, with one month's interest on the indorsation?

SHIPMENTS.

Having shipped Goods for Richard Conder, New York, for his account and risk, I paid Charges at shipping £; my Commission is ; and insured the amount with the London Assurance Co. What is the Journal entry, and the form of a Letter of

Advice?

GOODS ON CONSIGNMENT.

1. Richard Conder, New York, advises me to insure on his account on 20 Bales Cotton, the Fanny, Ker, Master, £650, which I have this day effected with the London Assurance Company, at 6 Guineas Cent. to return 1 Cent. if the Vessel arrives safe; Policy 5s. 6d. Cent. £42 17s. 64.; my Commission at Cant. is £3.5s.-Required the Journal entry, and Letter of Advice? 2. The Fanny arrives safe with Convoy, and I charge the London Assurance Company for the return of Premium; i also pay Duty, Freight, andother Charges at Landing-Required the entries?

3. I have sold the said Cotton to R. Runcorn & Co., and have made out an Account Sales for R. Conder, and charged him for Warehouse Rent, Interest, and Con.mission, and the Net Proceeds due him is-Required the entries?

4. Consigned to James Forbes & Co. Dublin, SO Planks Mahogany for Sale, which were consigned us by Waller & Co. from Jamaica.— Thomas Kilgour, our Agent, has paid Charges at shipping, £1. 13s. 31.: we receive Account Sales from J. Forbes & Co. of the same, which amount to £255 11s. 6d. Irish, at 10 Cent. exchange: we charge Waller & Co. 2 Cent. on the Sales for our Commission-Required the proper entries for these transactions?

INSURANCES.

Required the proper Journal Entries for the following Transactions: 1st. B. C. has insured for me on Goods from Hamburgh, £2000, at 6 Guineas & Cent. Policy 5s. 6d. † Cent.

28. A. B. has paid average Loss on the Goods underwrote by him, at £2. 11s. Cent. after deducting his premium.

3d. Insured with the London Assurance Company on my ship Minerva, from Jamaica to London, £2750, at 4 Guineas Cent. and Policy £7. 14s.

4th. Underwrote for D. E. on £500, on Goods the Mars, from Grenada, at 7 Guineas & Cent, and Policy 5s. 6d. & Cent. 5th. The Vessel is lost, and I have settled with D. E. for the sum underwritten by me, by granting him my Acceptance at 3 months, deducting the Premium?

6th. Insured with the London Assurance Company on account of Waller & Co. Jamaica, £1000, on Rum and Sugar, the Minerva, Noble, from Jamaica to London, at 9 Guineas Cent. Policy 5s. 6d. Cent. to return 4 Cent. for Convoy and Arrival ? 7th. The Minerva has arrived safe, I therefore charge the London Assu:ance Company for the return of Premium ?

the

A Merchant on Balancing his Books, finds that the Dr. side of Stock was £1106. 2s. 20., and the Cr. side £4585. 12s. Od.: amount of the Dr. side of Profit & Loss, was £126. 6s. 6d., and Cr. side 304. 18s.: the Dr. side of Balance £6402. 5s. and the Cr. side £2744. 2s. 11d.-Required the Net Gain or Loss on his Business; and the Amount of his former and present Stock?

JOINT-ADVENTURES.

1. Consigned to Willian Bancroft, St. Kitt's, to sell on account of Thomas Allwood and myself, each one-half concerned, sundry Goods,amount £69!. 17s. 4d.; paid Charges at shipping £8. 3s. 6d. my Commission is £21. 7s. and I have insured on £770 with the London Assurance Company £50. 14s. 2d. What is the Journal entry?

2. William Bancroft writes me that the Goods arrived safe, and that he has sold them as Account Sales, cnclosed amount £966. 9s.:

he has at same time remitted me a Bill on M. Parry, for £350. 5s.— Required the proper entries to close the Adventure, and a division of the profits? 3. Suppose he had shipped me 40 Puncheons of Rum, value £600, in part of the Sales, and I had insured the same with the London Assurance Company, at 9 Guineas Cent. Policy 33s. to return 4 Cent. for Convoy and Arrival. Required the entries?

4. Suppose further, that the Vessel arrives with Convoy, and that I charge the London Assurance Company for the return of premium at 4 Cent. that I pay Customs, Freight, and Charges during the Sale £149. 14s. 6d. I sell 30 Puncheons of the Rum to E. and B. at 2 months, £667, and 10 Puncheons to T. A. at 3 months, £220; I charge 2 Cent. Commission on the Sales. Required the entries, and how Allwood's account would have stood?

:

PARTNERSHIP..

Required the proper Journal Entries for the following Transactions in Partnership.

1. Paid J. G. (our Partner) on Account proper:

2. Received from H. T. (our Partner) on Account proper:

3. Bought from J. G......(ditto)....Sundry Goods:

4. Sold to H. T...................

.(ditto)........ ditto.

5. H. T. has underwritten £1000 on his own Account on Rum consigned us by M. L. Jamaica, the Minerva, at 9 Guineas Cent.-Policy 5s. 6d. Cent.-Commission

Cent.

6. Settled Accounts with H. T. who is leaving the Concern, and paid him in Cash £- and granted him our Bills for the balance of

his Capital £——. 7. On the 1st July, 1809, Our one-third Share of Hope Estate, in Jamaica, stood indebted to us £3175. 6s. 2d. sterling on the 2d August our Partners, in Jamaica, J. & A. Sidney, advise us that they have shipped 60 Cask's Sugar, the Minerva, to London, which we have insured with the London Assurance Company, on £1700, at 9 Guineas Cent. Policy 5s. 6d. & Cent. (to return 4 Cent. for Convoy and Arrival), £165. 6s. 6d., and we charge

Cent. Commission on the sum insured, £8. 10s.: they also advise that they have shipped 20 Hnds. Sugar, the Neptune, to Bristol, for sale, which we have also insured with the London Assurance Company, on £600, at 5 Guineas & Cent. certain, Policy 335. £31 13s. our Commission, Cent. £3. On the 17th we accepted J. & A. Sidney's two Drafts, the one £22014s. due 2d October: the other, £170, due 12th October, on their own account. On the 18th we pay J. Craig, receipt, on account of the Estate, 173, 15s. On the 20th, we sell to sundry Persons 25 Hhds. Sugar, which had formerly been on hand; the net proceeds of which amount to £730. 16s. 3d. On the 23d, we paid Smith order on their account £42. 14s. On 10th September, we accept on their account, their Draft £120, due 2d November. On the 15th September, the Minerva arrives safe with Convoy, and we charge the London Assurance Company for th return of Premium at 4 Cent. £68. On the 20th, we ship off

Goods the Dolphin, for account of the Estate, which amount, with Charges, Commission, and Insurance, to £739. 6s. 2d., and on their own account Goods to the amount of £440. 1s. On the 25th, the Agents at Bristol inform us of having sold the 20 Hhds., and enclose us Bills for the proceeds, amount £625: 2s.--Required a state of these transactions made up to 30th September, with the other Partners, including interest. The Interest on our Stock is £39. 13s. 10d.: we charge Cent. Commission on our Dis. bursements, which is £4; for Postage of Letters 12s. 6d. The Balance of Interest due us on the transactions of the Estate is £5. 19s. 10d. We charge J. & A. Sidney Cent. Commission on their transactions, £2. 15s. 4d.; Lalance of Interest due by them is 1s. 3d. and Postages 15s. 6d.-Required the best method to exhibit these transactions in the plainest and most satisfactory manner; and how much are the respective Shares of the Balance of our respective accounts?

FORM OF A BILL OF LADING.

A Bill of Lading is a writing wherein Masters of ships acknowledge the receipt of goods, and engage themselves to deliver the same at the destined place, in good condition.

There must be always three of these Bills made, viz. one to be sent by post to the person to whom the goods are addressed, one for the Master of the ship, and another for the Merchant.

Shipped by the grace of God, in good order and well conditioned, by A. B. in and upon the good ship called the Isabella, whereof is master for this present voyage John Brown, and now riding at anchor in the river Thames, and bound for Hamburgh, to say three Boxes printed Goods, being marked and numbered as in the margin*, and are to be delivered in the like good order and well conditioned at the aforesaid port of Hamburgh, (all and every the dangers and accidents of the seas and navigation, of whatever nature and kind soever excepted) unto them or to their assigns, they paying the freight for the said goods with primage and average accustomed. la witness whereof the master or purser of the said ship hath affirmed to three Bills of Lading, all of this tenor and date; the one of which three Bills being accomplished, the other two to stand void. And so God send the good ship to her desired port in safety. Amen. Dated in London this 20th day of April, 1809.

FORMS OF PROTESTS OF BILLS OF EXCHANGE.

1. Of an Inland Bill for Non-payment.

On this 30th day of May, in the year of our Lord, one thousand eight hundred and nine, at the request of Messrs. Hume & Coleman, of this city of London, Merchants, and bearers of the original Bill of Exchange, whereof a true copy is on the other side written, I,

*See Invoice-Book, p. 115.

James Mill, Notary Public, by Royal Authority duly admitted and sworn, went to the house of Mr. Richard Noble, on whom the said Bill is drawn, and there speaking with the said Richard Noble, I exhibited unto him the original Bill of Exchange, and demanded payment thereof, to which he answered, that the Bill would not be paid for want of effects. Therefore I the said Notary, at the request aforesaid, have protested, and by these presents do solemnly protest, as well against the Drawers, Acceptor, and Indorsers of the said Bill of Exchange, as against all others whom it may concern, for all Costs, Charges, and Interest suffered, and to be suffered, for want of payment of said original Bill. Thus done and protested in London aforesaid, in the presence of B. C. and D. E. witnesses.

Exchange-Alley,

Cornhill.

JAMES MILL,
Notary Public.

2. Of a Foreign Bill for Non. Acceptance.

[Make a true Copy of the Bill and Indorsements.]

in the year

On this day of at the request of Mr. A. B. of the city of London, merchant, and bearer of the original Bill of Exchange, whereof a true copy is on the other side written, I, I. M. of the said city, Notary Public, by royal authority duly admitted and sworn, went to the house of Mr. C. D. on whom the said Bill is drawn; and there speaking with a clerk in the accompting-house, I produced and exhibited unto him the said original Bill of Exchange, and demanded acceptance thereof, to which he answered, that (the exact answer given); which answer not being satisfactory, I, the said Notary, at the request aforesaid, have protested, and by these presents do solemnly protest, as well against the drawer of the said Bill of Exchange as against all others whom it may or doth concern, for exchanges, re-exchanges, damages, costs, charges, and interests, suffered, or to be suffered for want of acceptance of the said Bill of Exchange. Thus done in the presence of E. F. and G. H. witnesses hereunto required.

Protest of an Inland Bill for Non-payment.

day of

at the request of and bearer of the ori

On this in the year Mr. A. B. of this city of London, ginal Bill of Exchange, whereof a true copy is on the other side written, I, I. M. of the said city, Notary Public, &c. went to the house of Mr. C. D. on whom the said Bill is drawn, and there speaking with the said C. D. I exhibited unto him the said original Bill of Exchange, and demanded payment thereof, to which he answered, That, &c. Therefore I the said Notary, at the request of the said A. B. do hereby, in the presence of the witnesses hereunder written, protest the said Bill-Dated in London the day and year in the beginning written.