T8 



MAINE STATE SOCIETY. 



to the account. Credit the various accounts with the income, crop 

 produced, or improvement, as the case may be, and the difference 

 ■will be the profit or loss. 



Enter in the day-book every transaction. If you purchase any 

 thing, set it down in this book against the proper date, and if you 

 sell, do the same, mentioning the article sold or .bought, and the 

 amount paid or received. If you receive or give a note or any thing 

 but cash in payment, mention that fact. This book should be made 

 a kind of journal as well as account book, furnishing you with the 

 data by which an accurate account current could be made, even if 

 the various accounts were not posted in the ledger, but by carrying 

 the several items to the ledger that have been entered during the 

 year, and balancing the books, the amount of profit or loss can be 

 correctly ascertained on each separate account, or on the whole, 

 collectively. 



The following entries will perhaps explain this mode of keeping 

 farm accounts, better than the above description. 



PiTTSTON, September, 1857. 



