In property accounts the "Dr." items mean expenses incurred, 

 and "Cr." items mean receipts or returns in favor of the account. 

 In cash account Dr. items mean actual cash received from time to 

 time, and the Cr. items mean money paid out. Every purchase 

 or sale necessitates four entries for each transaction. The first two 

 are made in personal and property accounts. The last two, when 

 the money changes hands, in personal and cash accounts, but when 

 ready money is received and paid there is no necessity for a per- 

 sonal account, the transaction is confined in the journal and ledger 

 to property and cash accounts. 



When entering items in the ledger accounts from the journal, 

 the journal page should be written in the ledger column under the 

 heading of "journal folio," and the ledger page should be written in 

 the journal under the heading of ''ledger page," in order to show that 

 such accounts are duly posted in the ledger. 



INDEX TO LEDGER. 



Sandover and Co. 

 McBean and Co. 

 Ferguson, Jas. 

 Murphy, Jas. 

 Jenkins, R. 

 Barrett and Sons 

 White and Co. 

 Morrisey, Jas. 

 Cash 



Expenses ... 

 Capital 

 Property ... 

 Working Plant 

 Stock 

 Crop 



Improvements 

 Bills Account 

 Profit and Loss 

 Balance 



Valuation Book 

 Labour Book 



Page. 



i 



2 



3 

 4 



I 



7 

 8 



65 



75 



85 



95 

 IC 5 

 no 



U5 



I2O 



135 

 125 

 130 



200 

 210 



LEDGER. 

 SANDOVER AND Co. 



Dr. 



I'ajje I. 



1895. 



Jan. 30. 

 To Cheque ... 



May 9. 

 To Cheque ... 



Jan. 30. 

 To Cheque 



J.Fol. 



J. Fol. 



Cr. 



10 10 O 



MCBEAN AND CO. 



1 2 IO O | 



Jan. 12. 

 By five bags Bonedust 



1O IO C 



2 *IO O 



