126 



Farm Accounts. 



It is very annoying to a methodical man to find his money 

 either short or in excess of the pen-and-ink balance. 



From what has been stated you will see that, whilst many ot 

 the memoranda go into the accounts, other things die in the 

 Memorandum-book : it is a good plan either to tick off the entries 

 as they are carried to the accounts, or draw a line through them, 

 as the eye will then catch at a glance any item that has been 

 missed, or that requires attention. 



In some systems of accounts the Memorandum-book and 

 Journal are combined, but this is a serious mistake, since the 

 Journal is a book which ought to receive the transactions from 

 the Memorandum-book, and be kept with neatness ; it should be 

 in fact a daily record of transactions capable of being referred to 

 at any period, since from this and the Cash-book we derive the 

 materials for makino^ out the Ledj^er accounts. 



Generally the Journal contains a money column, and the 

 amounts of all transactions, whether they are money paid or 

 received, or simply contracts for sales or purchases, are entered 

 consecutively in this column under the day on which they occur. 

 'J he following example will show the kind of book commonlj- 

 used ; — 



JOURNAL. 



The specimen above will serve to give a correct idea of the 

 form in which the Journal may be kept. You will see that it 

 is an important book, as the entries are here prepared for the 



