FARM ACCOUNTS. 



of these points of measurement, as on the left side, making 

 the second and fourth lines double. These measurements 

 may be varied somewhat as the size of the paper requires. 

 They will give the neatest appearance in the majority of 

 cases and present a sheet similar to the page of an account 

 book. 



HOW THE RECORD IS MADE. 



The illustration shows how the transactions of Student 

 No. 1 during October should be entered in the account. The 

 heading, "Cash," is written at the top of the page. The rul- 

 ings have divided the page into columns which are to be used 

 as shown in the illustration. The year is written in small 

 figures at the top of the left-hand column. As transactions 

 occur, the name of the month is written in the left-hand col- 

 umn, the day of the month in the narrow column on its right, 

 an explanation in the wide column, and the amount in dol- 

 lars and cents in one of the two money columns at the right- 

 hand side of the page. These money columns are divided 

 into two parts. The wider part on the left is used for that 

 part of the amount expressed in dollars, while the narrow 

 part to its right is used for that part of the amount ex- 

 pressed in cents. 



It is fundamental that the student should understand at 

 the beginning how to determine in which of the money col- 

 umns the amount which the transaction involves should be 

 entered. He should think of "cash" as a person, and of the 

 account as being his account with a person named "Cash." 



With the idea in mind as just stated, when the account 

 is opened, any money on hand is given over to "Cash" and 

 "Cash" is therefore in debt for it. When money is received 

 for labor, from home or from any other source, "Cash" be- 

 comes indebted for each amount as received. This estab- 

 lishes the principle that an account should be debited ivith 

 what it receives. By custom the left-hand column is used 



No great work worthy of praise or memory tout came out of a poor 

 cradle. Dr. Johnson. 



