FARM ACCOUNTS. 15 



at 30c .... Aug. 17, bought of him on account 25 6-7 bushels 

 of corn at 30c .... Aug. 31, let him have on account 20 Ibs. 



twine at lOc Sept. 1, he returned to me 20 Ibs. twine at 



lOc. . . .Sept. 28, gave him cash |9.14. 



Jan. 17, 1901, paid his subscription to the Minneapolis 

 Journal for three months and charged to his account $1 



June 3, received cash of him f 1 June 25, let him 



have 5 pieces 2x4, 16 ft. long at $18 per thousand July 



20, let him have 30 Ibs. linseed oil and can*. . . .Sept. 9, he 

 returned 5 pieces 2x4, 16 ft. long, at $18 per thousand .... 

 Sept. 21, bought of him on account of dressed pig $1, and 

 4 live pigs weighing 191 Ibs. at $5.65, and mower casting 

 f$1.75 Nov. 23, gave him cash $3. 



Feb. 8, 1902, paid him by check $10.54, and sold him 1 

 peck (8-J- Ibs.) popcorn at 3c per Ib. . . .April 10, bought of 

 him on account 1 load of oat straw $2 .... June 30, credited 

 him with pasture for colt $2. Give standing of account. 



A RECEIPT. 



A receipt is a written acknowledgment of the delivery of 

 goods or value. It consists of the name of the place, the 

 date, usually the words "Received of," the name of the party 

 delivering the value, the name of the thing delivered, for 

 what purpose delivered, and the signature of the party re- 

 ceiving the value. 



Write receipts for the following exercises, using the model 

 on page 17 as a guide : 



April 23, 1901, paid John Moore cash $1. 



May 5, 1901, paid John Moore cash $15. 



May 30, 1901, paid John Moore cash $10. 



A BILL. 



A bill is a statement showing that the ownership of value 

 has been transferred from one party to another. It consists 



*Linseed oil mills usually consider 7% Ibs. of linseed oil to the gal- 

 lon. Charge Calendar at 55c per gallon and 25c for the can. 



fThe undivided half. The two men owned the mower jointly. 

 Better with the wise in prison than with fools in paradise. Ger. 



