Extend the amounts in the following bills and find the total of each Copy each bill on an appropriate blank.

one.

Using the name of your own coal dealer make out a bill for the following, and complete it in all respects.

5 loads egg coal, 6890-2140, 7130-2130, 6920-2140, 7080-2130, 7210-2150, at $5.50 per ton.

4 loads stove coal, 6390-1870, 6470-1880, 7280-2120, 7020-2110, at $5.25 per ton.

5 loads lump coal, 6930-2120, 6840-2120, 7040-2140, 7160-2130, 7080-2120, at $4.75.

4 loads hard coal, 9220-2100, 9360-2110, 9120-2120, 9470-2130, at $8.50.

Lumber is sold by the thousand (M). It is generally delivered free of charge.

The small figures written near the upper right corner of the larger ones indicate quarters of yards. Thus 452 means 45 and yd. In adding to get the total number of yards add the fourths first. The addition should be performed horizontally without copying, as in § 20. The total number of yards in each item is usually entered just before the price as shown in the first item.

161. Credit Memorandum. Sometimes goods which are ordered do not prove satisfactory, and are returned, and a rebate or deduction is made to the purchaser for the value of the goods returned. In such a case, a memorandum of credits showing the credit is made out by the seller and sent to the purchaser.

This statement resembles an invoice in form, except that it shows a credit and not a debit. For this reason the printing on the credit memorandum is usually in red or some other color than black.

When the bill is rendered the amount credited should be deducted from the bill. In case such deduction is not made the credit memorandum may be used as part payment.

Example. Find the amount due on the following bill.

The silk proved to be unsatisfactory, and was returned. Write a credit memorandum properly signed for the amount of the credit.

162. Receipting a Bill. When a bill is paid it is receipted by the concern receiving the payment. This is done by writing "Paid across the face of the bill together with the date of payment and the signature of the recipient. When a clerk receipts a bill for a firm, he should write the name of the firm and then his own initials.

163. Accounts. -Sometimes only part of the amount of a bill is paid. Such payments must be shown as credits on the bill and their amounts deducted from the total of the bill. A statement showing purchases and payments and the balance due is called a statement of account or simply an account.

Arrange each of the following in the form of a bill and find the amount due on each.

1. Edwards Co., Springfield, Mass., sold to Mrs. Frank Morse, 10 pounds of sugar at 6 ct. a pound; 1 sack of flour at $1.50 a sack; 1 bushels of potatoes at $1.25 a bushel; 2 bags of salt at 4 ct. a bag; 2 pounds of lettuce at 25 ct. a pound; 2 loaves of bread at 5 ct. a loaf; 24 dozen eggs at 45 ct. a dozen; 2 pounds of Elgin butter at 40 ct. a pound; 1 dozen oranges at 35 ct. a dozen.