3 6o 



A labor book is necessary for a farmer to enter the names of 

 the men in his employment and the nature of their work, such as 

 ploughing, harvesting, vineyard, or orchard work, the time they 

 entered upon their employment, and the rate of wages agreed 

 upon. 



Having balanced the ledger accounts, our next proceeding is 

 to open accounts for the following year. To do this we must refer 

 to the balance account in ledger, and enter the items on Dr. side of 

 balance account book as follows : 



In balancing my accounts on ^ist December, 1895 I am possessed of 

 the following : 



DAY BOOK. 



1896. 



Jan. I s. d. 



Land value ... ... 2oo o o 



Live stock, per valuation book 100 16 o 



Crop, per valuation book ... 23 5 o 



Working plant, per valuat'n bk. 52 4 o 



Improvement, per valuation bk. 45 1 8 o 



Cash on hand per cash book 53 5 o 



475 8 o 



JOURNAL. 



1896. DK. CK. 



Jan. i s. d. 



Dr. property a'c ... 200 o o 



, live stock a/c... loo 16 o 



, crop a/c ... 23 5 



. working plant a'c 52 4 o 



, improvementa/c 45 i& o 



, cash a/c ... 53 5 o 



Cr. capital a:c 



475 8 o 



s. d. 



475 8 



The system of book-keeping on the double entry principle as 

 set forth herein is the basis of good book-keeping. In order to avoid 

 tediousness, and make it easy of comprehension, the explanations 

 given are in as concise a form as possible. More could be said on 

 the subject, but what is here detailed is applicable to farmers and 

 orchardists. Book-keeping is not easily understood when hrst 

 looked into, but when the initial difficulties are overcome a know- 

 ledge is easily acquired, when it becomes not a labour, but a pleasure. 

 A good method to adopt to attain this object and one that 

 I recommend is to write out a copy of the accounts given herein 

 as examples, beginning with the clay book and journal, after which 

 the ledger in the manner prescribed. A few sheets of foolscap 

 ruled in journal and ledger form would answer the purpose. This 

 exercise might be repeated two or three times, and by this means 

 the farmer will acquire sufficient knowledge to put theory into 

 practice. 



