FARM ACCOUNTS. 



CHAPTER I. 



STUDENT'S CASH ACCOUNT. 



The principles of accounting are easiest learned by prac- 

 ticing the record of business transactions which are familiar. 

 Every student at school necessarily spends money. The 

 charges for the various items of school expense, as board, 

 books, book rent, and for such incidentals as clothing, sta- 

 tionery, postage, car fare and entertainment, require the fre 

 quent handling of money. The amounts thus spent by each 

 student are important matters for record. Because these 

 things are familiar to all, our first lesson illustrates the 

 proper manner of writing an account of cash receipts and 

 expenditures while at school. 



HOW TO RULE PAPER FOR AN ACCOUNT. 



An account may be written on any clean sheet of paper of 

 suitable size, if properly ruled. For example a sheet of let- 

 ter or examination paper may be ruled as follows : Draw a 

 double head line across the paper one to two inches 

 below the top. Then, beginning at the left-hand edge, meas- 

 ure in to the right five-eighths of an inch, and from this 

 point three-eighths of an inch further in, and draw perpen- 

 dicular lines through each of these points of measurement 

 from the double head line to the bottom of the sheet. From 

 the right-hand edge of the paper measure in to the left 

 three-eighths of an inch, then five-eighths of an inch further 

 in, then three-eighths of an inch further, then five-eighths 

 of an inch further, drawing perpendicular lines through each 



"Economy, not grasping stinginess, leads to success." 



