HOW TO KEEP FARM ACCOUNTS. 



AT THE END OF THE YEAR. 



170. To close this account at the end of the year, write oh 

 the credit side, in red ink, "By Inventory" for the value of the 

 feed we have on hand. Find the difference between the two 

 .sides and write on the credit side, in red ink, "By Loss and Gain'' 

 for that difference, which will make the account balance. Bale 

 the closing lines and write between them in black ink the totals. 

 Next brinp down the amount of inventory in black ink on the 

 debit side, writing the date and "To Inventoi^y." Then enter on 

 the debit side of the "Loss and Gain" account "To Feed" for 

 the amount of Loss on this account. (See Plates 72 and 73 and 

 i-efer to Plate 90. 



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