Synopsis
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1899 Excerpt: ...fee), and amounts. Remittances for sums above £1 are usually sent by cheque. Cheques, bills of exchange, &a, are dealt with in a subsequent chapter. V CHAPTER XI RECEIPTS FOR MONEY Receipts.--There are three kinds of receipts, viz.:--1. An acknowledgment that money actually due has been received in part or in full. 2. An acknowledgment that goods have been received. 3. An acknowledgment that money, valuables, or securities have been lodged for safe custody, and for the benefit of the depositor. We are here only dealing with receipts for money. The usual form of this receipt is generally taken from a printed book with a perforated counterfoil, as in the following example:--Some firms prefer (1) a separate receipt, some (2) a receipt on the invoice, whilst other firms again have (3) a printed receipt book, and any person receiving money has to fill up the form (one page) in that book. When money is remitted by such a firm, a form of receipt is enclosed, and on its return this is pasted into the receipt book or into a guard book. This is a most convenient method of tracing receipts, and enables an auditor to check more readily the accounts paid and cheques drawn. Other firms use small receipt forms (taken from books with counterfoils) which are gummed on the back, and are attached to the invoices. Some firms, County Councils, and other bodies have a form of receipt printed at the foot or on the back of the cheque, and this receipt has to be filled up and signed before the cheque is presented for payment. Such a receipt must be stamped if the amount be over £2. RECEIPTS 53 If the invoice itself were receipted, it might be done in this or in the following manner:--Received payment in fall settlement, Received on ajc, Paid by cheque, 1st Sept., 1897...
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