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ELEMENTARY AGRICULTURE 



page. Whenever this person receives anything from 

 the one keeping the account, this entry is made in the 

 left hand side under the word debtor, and whenever 

 he pays anything on this account, this entry is made 

 in the right hand side under the word creditor, exactly 

 the same as with a cash account. The dates and items 

 are written in their proper places, which are the same 

 as those for cash accounts. For example : 



JOHN SMITH. 



Suppose that on Sept. 22, 1905, you sell a pig to 

 John Smith for $12.50, for which he agrees to pay 

 either in money or in labor at $1.50 per day. He 

 works on Oct. i, 2 and 3. On Oct. 10 he pays $2 in 

 cash, and on Oct. 25 he works another day. The 

 account is kept in this manner. 



This account shows, in a brief manner, a complete 

 history of this transaction. It gives all dates, which 

 are of great importance in all accounts. It shows that 

 John Smith owes you $12.50 for a pig, that he has 

 already paid you $8 in labor and cash, and that he 



