The System of the London Bankers Clearances And Their Effect Upon the Currency
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3, which is here charged to his debit ; while Dalton's house has returned a bill on Allen for £117 • 13, which is passed by the latter 17 to his credit. In Bateson's balance-sheet there arc two other returns, one from and the other to Christie, and tliese four form the final entries in the four balance-sheets.
We -will now take a view of the inspector's general ba- lance-sheet, page 22, from which we shall see the state of the balances, as declared by the different parties. It there appears tha...t Allen owes the house £402 . 9, and Bateson, £1293. 19-1; while the house owes Christie £1254 . 10, and Dalton £441 . 18 . 1, the whole amount to be paid, £ 1696 . 8. 1, being the same as the amount to be received. * The above separate sums are also entered in the inspector's ledger, to the debit of the former, and the credit of the latter two accounts.
AVe come, lastly, to the settlements in Cash. Let us suppose that Allen has returned to the clearing-house with notes amounting to £ 400, and Bateson with notes amount- ing to £ 1300, and that Allen pays his money to Christie, thankfully getting him to take a draft on his house for £2.
What to read after The System of the London Bankers Clearances And Their Effect Upon the Currency?
You can find similar books in the "Read Also" column, or choose other free books by William Tate to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
3, which is here charged to his debit ; while Dalton's house has returned a bill on Allen for £117 • 13, which is passed by the latter 17 to his credit. In Bateson's balance-sheet there arc two other returns, one from and the other to Christie, and tliese four form the final entries in the four balance-sheets.
We -will now take a view of the inspector's general ba- lance-sheet, page 22, from which we shall see the state of the balances, as declared by the different parties. It there appears tha...t Allen owes the house £402 . 9, and Bateson, £1293. 19-1; while the house owes Christie £1254 . 10, and Dalton £441 . 18 . 1, the whole amount to be paid, £ 1696 . 8. 1, being the same as the amount to be received. * The above separate sums are also entered in the inspector's ledger, to the debit of the former, and the credit of the latter two accounts.
AVe come, lastly, to the settlements in Cash. Let us suppose that Allen has returned to the clearing-house with notes amounting to £ 400, and Bateson with notes amount- ing to £ 1300, and that Allen pays his money to Christie, thankfully getting him to take a draft on his house for £2.
What to read after The System of the London Bankers Clearances And Their Effect Upon the Currency?
You can find similar books in the "Read Also" column, or choose other free books by William Tate to read onlineMoreLess
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