BERING SEA CONTROVERSY n.
n and the United States as to the right of Canadians not licensed by the United States to carry on seal fishing in the Bering Sea, over which the United States claimed jurisdiction as a mare clausum. A court of arbitration, meeting in Paris in 1893, decided against the claim of the United States, but established regula…
BILL n.
for examination. -- Bill of store, a license granted at the customhouse to merchants, to carry such stores and provisions as are necessary for a voyage, custom free. Wharton. -- Bills payable (pl.), the outstanding unpaid notes or acceptances made and issued by an individual or firm. -- Bills receivable (pl.), the u…
BOOKKEEPING n.
ashbook, Journal, and Ledger. Bookkeeping by single entry, the method of keeping books by carrying the record of each transaction to the debit or credit of a single account. -- Bookkeeping by double entry, a mode of bookkeeping in which two entries of every transaction are carried to the ledger, one to the Dr., or lef…