ELEMENTARY ARITHMETIC. PART III. CHAPTER I. BILLS OF PARCELS. 1. A person who receives money, goods, or services from another, is called a debtor; and a person who parts with money, goods, or renders services to another, is called a creditor. 2. A Bill is a written account of goods sold or delivered, or of services rendered, with the price or value attached to each item. 3. When the Bill refers to goods bought or sold at a single transaction, and containing only one date, it is called a Bill of Parcels. 4. But when it contains a statement of goods bought or sold at different dates, as copied from a tradesman's books, it is called a Bill of Book Debts. 5. The following abbreviations are generally used in bills, or accounts, as they are sometimes called :Dr. for debtor; Cr. for creditor; for account; @ for at, this abbreviation is always followed by the price of a single unit. Thus, 3 lbs. of sugar @ 64d., means 3 lbs. of sugar at 61d. per lb. |