Junior Arithmetic-Bookkeeping for Junior High Schools ; Advanced Grades And Such Other Schools As Desire to Give An Intensely Practical Training Course in the Arithmetic of Bookkeeping And in the Bookkeeping of Everyday Business Affairs That is Graded to

Cover Junior Arithmetic-Bookkeeping for Junior High Schools ; Advanced Grades And Such Other Schools As Desire to Give An Intensely Practical Training Course in the Arithmetic of Bookkeeping And in the Bookkeeping of Everyday Business Affairs That is Graded to
Junior Arithmetic-Bookkeeping for Junior High Schools ; Advanced Grades And Such Other Schools As Desire to Give An Intensely Practical Training Course in the Arithmetic of Bookkeeping And in the Bookkeeping of Everyday Business Affairs That is Graded to
Harry Marc Rowe
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The teacher is expected to continue to exercise ingenuity and judgment in contriving such additional exercises as will secure the highest degree of proficiency in the various tasks which have been assigned in each lesson if thereiis time for it.
LESSON 41 Notes In previous lessons, notably those relating to pin-chases and sales, it is shown that one may owe for what he purchases and does not pay for when the purchase is made, or he may he owed for what he sells for which he does not receive imm
...e- diate pajrment.
A promise to pay is expressed or implied in every such instance. This promise is made by the one who owes to the one who. is owed. It msLyhB expressed in words as, "I will pay you what I owe you," and the time of such payment may also be stated. The promise may be implied, which is just as binding as if ex- pressed in wordSi An instance of an implied promise is where one who pays his bills monthly at his grocer's, calls and asks for a pound

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