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Caſe 1. When you receive money for goods preſently ſold, the entry, as already mentioned in the firſt caſe of ſelling, is Caſh Dr to Goods sold, for their value. Feb. 25
2. When you borrow, or take up money at intereſt, enter Caſh Dr to the Leader, for the ſum received, mentioning the rate of intereſt, and time of payment,
3. When you get money, whether as payment of a debt, or taken up at intereſt, and receive it, not from the debtor or lender, but upon his aſſignation from a third perſon, enter Caſh Dr to the Aſſigner, not to him that pays it.
4. When you receive money, as payment of goods formerly ſold, or in payment of an accepted bill of note, or any other debt, where neither diſcount nor intereſt is allowed, enter Caſh Dr to the Payer, for the ſum received, mentioning whether in full or in part, Feb. 5. March 23. April 6. July 30. Aug. 3. Nov. 12,
5. When you receive money, aſ payment of an accepted bill or note, or any other debt, (except for goods formerly ſold), per advance, and upon that account allow diſcount, or abatement on any other conſideration, enter
Sundries Drs to the Payer, viz.
Caſh, for the ſum received,
Profit and Loſs, for the ſum diſcounted or abated.
Nov. 12
6. When, in receiving payment for goods formerly ſold, you allow diſcount or abatement; if the accompt of ſaid goods be cloſed in the Ledger, enter as in the laſt caſe: but if the ſaid accompt be yet open, enter thus,
Sundries Drs to the Buyer, viz.
Caſh, for the ſum received,
Goods, for the ſum diſcounted or abated. April 1.
7. When you receive money, as intereſt of a ſum formerly lent, the principal being continued, enter Caſh Dr to Profit and Loft, or to Intereſt accompt, for the ſum received. Sept. 10.
8. When you receive both principal and intereſt, ente
Caſh Dr to Sundries, viz,
To the Borrower, for the principal,
To Profit and Loſs, or to Intereſt-accompt, for the
intereſt Nov. 8.
9. When you receive money aſ the premium for inſuring another man’s ſhip or goods at ſea, enter Caſh Dr to Inſurance accompt, or to Profit and Loſs.
to. When you receive money as the price of a ſhip, houſe, or eſtate, preſently ſold, or as the freight, or the rent of them, ſuppoſing the hiring out of the ſhip, or ſetting of the houſe, &c. not to be booked, enter Caſh Dr to ſuch a Ship, Houſe, or Eſtate. Sept. 1.
11, But if the hiring out of the ſhip, houſe, or eſtare, was formerly booked, the entry for money received as freight or rent will be, Caſh Dr to the Freighter or Tenant.
12, When you receive money, in legacy or compli- ment, or with an apprentice, on as gained on a wager, or by exchange of mon-y, te. for which nothing goes out, enter Caſh Dr to Profit and Loſs, or to Stock
Note 5. It commonly happens that prices are not paid preſently: and in this caſe you muſt charge the executor (illegible text) Profit and Loſs, till you receive payment; and then diſcharge him by Caſh, or the Thing received. June 3.
Prob, 6. F. Debtor and Creditor applied in paying money.
In all caſes of this nature, Caſh is Cr; but the Dr varies, according to the terms on which the money is delivered.
July 2. July 5. out, enter CafhvDr to Profit andareLfs, orprefentlv: to Stock.in this 13. Whtn you pay your landlord rent for a dwellingIt common! that tcsacies not paid (ervants their wages, or make any diftmrfements cafeNote;. you muftcharRe thehappens executor ami received. Lofs, till youandJunereceive payment; and then difeharge him byA B.Cajb,Dr toor Profit the Thing 3. houfe, for youi felt or family; as all expences of this nature (hould be in a fmall book by themfelves; fo, Prob. 6. F. Debtor and Creditor applied in p&ying when youcolletfed bring them to the Journal, enter thus: money % Houfe-expences Dr to Cajh, for the total. Nov. 1-1. In all cafes of this nature, Cajh is Cr ; but the Dr va- Dec. 30. 14,
