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THE

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AMERICAN SYSTEM

OF

150 Pearl St
New York

PRACTICAL BOOK-KEEPING,

1828

ADAPTED TO THE

COMMERCE OF THE UNITED STATES

IN ITS

DOMESTIC AND FOREIGN RELATIONS,

COMPREHENDING ALL THE

MODERN IMPROVEMENTS IN THE PRACTICE OF THE ART;

AND EXEMPLIFIED

IN ONE SET OF BOOKS KEPT BY DOUBLE ENTRY,

EMBRACING

FIVE DIFFERENT METHODS OF KEEPING A JOURNAL.

DESIGNED FOR THE USE OF SCHOOLS.

TO WHICH ARE ADDDED

FORMS OF THE MOST APPROVED AUXILIARY BOOKS ;

AND

A COPPERPLATE ENGRAVING, EXHIBITING, AT ONE VIEW,

THE FINAL BALANCE OF THE LEGER.

BY JAMES BENNETT, A. & M.

Professor to the Accountants Society of New-York, late a Professor to the Accountants Society of
Pennsylvania, late President of the Accountants Society of New-York, and Member of
the Medico-Chirurgical Society of the University of the State of New-York.

←←

SEVENTH EDITION.

NEW-YORK:

PUBLISHED BY COLLINS & HANNAY, 230 PEARL-STREET.

1824.

Price Two Dollars.

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BE IT REMEMBERED, that on the twenty-seventh day of October, A. D. 1824, in the forty-ninth year of the Independence of the United States of America, JAMES BENNETT, of the said district, hath deposited in this office the title of a book, the right whereof he claims as Author, in the words following,

to wit:

"The American System of Practical Book-keeping, adapted to the Commerce of the United States in its Domestic and Foreign Relations, comprehending all the Modern Improvements in the Practice of the Art; and Exemplified in one Set of Books kept by Double Entry, embracing five Different Methods of Keeping a Journal. Designed for the Use of Schools. To which are added Forms of the most approved Auxiliary Books; and a Copperplate Engraving, exhibiting, at one view, the Final Balance of the Leger. By James Bennett, A. & M. Professor to the Accountants Society of New-York, late a Professor to the Accountants Society of Pennsylvania, late President of the Accountants Society of New-York, and Member of the Medico-Chirurgical Society of the University of the State of NewYork."

In conformity to the Act of the Congress of the United States, entitled "an Act for the encouragement of Learning, by securing the copies of Maps, Charts, and Books to the authors and proprietors of such copies, during the time therein mentioned." And also to an Act, entitled " an Act, supplementary to an Act, entitled an Act for the encouragement of Learning, by securing the copies of Maps, Charts, and Books to the authors and proprietors of such copies, during the times therein mentioned, and extending the benefits thereof to the arts of designing, engraving, and etching historical and other prints."

JAMES DILL,

Clerk of the Southern District of New-York.

A. PAUL, PRINTER.

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AGREEABLY to your request, I have examined your System of Book-Keeping which you propose to publish. I think it an excellent one-and much better adapted to the Commerce of this Country than any other System now in print with which I am acquainted. As nothing of this kind, of equal merit, has, to the best of my knowledge, been published in this country, and as your system is in part new, I think it highly entitled to patronage, particularly from the Mercantile class of community. You will please to consider me a subscriber. Your obed't Servant,

JOHN VAN SCHAICK, Merchant,
late President of the Albany Bank.

I agree perfectly in opinion with Mr. Van Schaick respecting your System of BookKeeping.

DUDLEY WALSH, Merchant,
Late President of the Albany Bank.

I have examined the System of Book-Keeping above alluded to, and am of the opinion above expressed. G. A. WORTH, Cashier of the Tradesmens' Bank, New-York.

I concur in opinion with the above Gentlemen, that your System of Book-Keeping is an excellent one.

I concur in the same opinion.

I concur in the opinions above expressed.

JAMES KANE, Merchant.

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SIR-I have compared the System of Book-Keeping you propose publishing with others with which I have some acquaintance, and do not hesitate to give it the preference.

ISAAC HUTTON, Merchant,

President of the Mechanics' and Farmers' Bank.

I agree in opinion with the above Gentlemen, respecting Mr. James Bennett's System of Book-Keeping. JOHN TAYLER, President

of the New-York State Bank, and Lieut. Gov. of the State of New-York.

I agree in the favourable opinions above expressed, of Mr. Bennett's New System of Book-Keeping. SOLOMON SOUTHWICK,

Late President of the Mechanics' and Farmers' Bank.

I also fully concur in the opinions above expressed, that Mr. Bennett's System of BookKeeping is entitled to great credit for its simplicity and originality.

I concur in the opinions above expressed.

CHARLES R. WEBSTER.

P. S. VAN RENSSELAER,
Mayor of the City of Albany.

M555365

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