nOir TO KEEP FARM ACCUU.XTS. 



J^r 



/f^/ /^^ (^^a^^c; 



da /_ 



/^'■Ci-ii >L<-_r 



-^^r? 



/J//6 A^cy.H/r<M.- /f'^iVtt^ 



db /cT 



^7 



?c' 



dc /J 



/3 



taJliMyL 



(^A Un^H K<y('^ 



df 



~J' 



; TRANSACTIONS FOR JULY. 1901. 



JULY I. 

 Cash on hand $s8i-37- 



Whenever tho cash account is balanced — whether daily, 



weekly or monthly the first entry after balancing is to debit cash 



for the amount on hand. (Plate 20. item da.) 



JUIY 15. 

 V\'m. Wood pay? his note of $70.00 due today with interest at 6%. 



72. All notes we hold given to us in settlement for money 

 "loaned or in payment of products sold are debited to Bills Receiv- 

 .able. Wood pays his note today with interest. We now credit 

 Hills Receivable for the face of the note as shown on Plate 20, 

 item dl>. (See 143 and 147.) 



We must also credit the interest, therefore, open an account 

 with IntercHt and credit it as shown on Plate 20. item dc. (Ivook 



up 18G and 189.) JULY 20. 



He sends the Breeder's Gazette $6.00 and the National Stockman $5.20 to pay 



for his advertisement of Seed Corn. The money-order cost him 16 cents. 



73. As the amount Fox pays for advertising is small he 



doesn't open an account with it bul charges it to ICxpense. See 



Plate 21, item ca. Refer to 161. 



JULY 21. 

 lie accepts the Stock Scale pvit in for him by E. Thomas and pays $6500. 



74. Although scales might be considered under the head of 

 Building and Improvements, yet. after putting them in they are 



66 



