HOIV TO KEEP FARM ACCOUNTS. 



Iiavi' been entered correctly the Ca.sL Book should now balance 

 as follows: 



DEBIT SIDE. CREDIT SIDE. 



47. Now that Fox has his books begun, somebody or some- 

 thiiiii- must be debited for evcrythini; brought on the farm, and 

 somebody or something credited for all that is sold or taken from 

 the farm. By doing this he will know at any time the exact 

 amount of cash he has on hand and the true condition of every 

 .account he has in the Ledger. 



NOTE: — For ready reference each entry on the Debit side of all ac- 

 xounts in both Casli Book and Ledger is indicated by the letter "d" and 

 foUozv each other in alphabetical order, thus: The entry giving Fox credit 

 for his investment is Plate 8, item da., and that of Bills Payable is Plate S. 

 item db. The entries on the Credit side are indicated by using the letter 

 "C" to designate the credit side as Clovermead Farm : Plate 0, item ca. 

 Production, Plate p, item cb., etc., etc. 



50 



