Underwriters' Accounts |
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Página 9
But this clause was never adhered to in practice , and under the present system , known as the " Cash System , " all premiums are considered as due and payable on the eighth of the month following the signing of the policy .
But this clause was never adhered to in practice , and under the present system , known as the " Cash System , " all premiums are considered as due and payable on the eighth of the month following the signing of the policy .
Página 12
As regards salvage , the non - incorporation in the books until receipt of the cash was formerly the cause of considerable loss to underwriters , inasmuch as it was very easy to lose sight of salvage relating back to claims settled ...
As regards salvage , the non - incorporation in the books until receipt of the cash was formerly the cause of considerable loss to underwriters , inasmuch as it was very easy to lose sight of salvage relating back to claims settled ...
Página 13
( 8 ) Cash Book . ( 9 ) Petty Cash Book . ( 10 ) Brokers ' Ledger . ( 11 ) Private Ledger . ( 12 ) Investment Ledger . ( 13 ) Journal . Collective Form.- Before proceeding to discuss the books in detail 99 An Underwriter's Books of ...
( 8 ) Cash Book . ( 9 ) Petty Cash Book . ( 10 ) Brokers ' Ledger . ( 11 ) Private Ledger . ( 12 ) Investment Ledger . ( 13 ) Journal . Collective Form.- Before proceeding to discuss the books in detail 99 An Underwriter's Books of ...
Página 20
... a cash dis- count , and was treated correctly as such , not being taken into account until payment was made . ... the discount still remains a cash one , in practice it has become almost equivalent to a " trade discount .
... a cash dis- count , and was treated correctly as such , not being taken into account until payment was made . ... the discount still remains a cash one , in practice it has become almost equivalent to a " trade discount .
Página 29
Cash Book . Date of Line Nature of Date Broker Ship Voyage signing Policy Recovery A B Rate % of Recovery Folio in B. L. A Salvage B 1902 W. F. & Co. " Orient " June 17 1901 London to Australia . Dec. 23 Refund under G./A . 200 21 7 II ...
Cash Book . Date of Line Nature of Date Broker Ship Voyage signing Policy Recovery A B Rate % of Recovery Folio in B. L. A Salvage B 1902 W. F. & Co. " Orient " June 17 1901 London to Australia . Dec. 23 Refund under G./A . 200 21 7 II ...
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Términos y frases comunes
34 Moorgate Street according Accounts additional agent allowed amount assured audit Auditor August average balance Book Bookkeeping broker Cash Cash Book cent chapter Charges Chartered Accountants claims columns Companies complete consequently considerable containing course Date Date Particulars dealing debit December Details Total Details Dicksee difference discount Duties Edition essential Examinations Folio frequently Index Investment January June keep latter Ledger less Lloyd's London loss March month monthly totals nature necessary paid Particulars payable period position practice premium Price principal Private Ledger profits Publishers Rate Re-insurances received record relating remains Reserve respect result risk ruled Salvage separate Sheet Ship shown side signing slip Students taken termed thereof Total Details Total transactions underwriter Underwriting Accounts usually Volume Voyage write
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Página 8 - And so we the assurers are contented, and do hereby promise and bind ourselves each one for his own part, our heirs, executors, and goods to the assured, their executors, administrators, and assigns for the true performance of the premises, confessing ourselves paid the consideration due unto us for this assurance by the assured...
Página 6 - All loss which arises in consequence of extraordinary sacrifices made or expenses incurred for the preservation of the ship and cargo come within general average, and must be borne proportionably by all who are interested.