2() FARM ACCOUNTS. 



$1.00 Apr. 20, bought tobacco for him 25c Apr. 25, 



bought tobacco for him 35c ; paid him by check $5.00 .... 

 Apr. 30, my time book shows that he has worked this month 

 15 days. . . .May 3, bought jacket for him 75c. . . .May 4, bought 

 tobacco for him 50c. . . .May 7, bought gloves for him $1.00 

 .... May 12, bought tobacco for him 5c . . . . May 13, gave 

 him an order to trade at Olson's store, $1.50.... May 16, 

 paid him by check $10.00. . . .May 17, bought snuff for him 

 75c .... May 24 he requested me to pay 25c for him toward 

 a baseball outfit for the men; my time book shows that he 

 has worked this month 19| days, discharged him for gam- 

 bling on the farm, and paid him by check in full. 



BUSINESS ACCOUNT. 



A Business Account is one made for the purpose of deter- 

 mining the loss. or gain on any given thing. The account is 

 ruled according to the instructions given on page 1. The 

 thing under consideration is debited with whatever it costs, 

 including its inventory value, and credited with whatever 

 it returns, including its inventory value. The difference be- 

 tween the two sides is then a loss if the debit be the larger, 

 and a gain if the credit be the larger. 



AN ACCOUNT WITH POULTKY. 



Jan. 1, 1904, I have on hand 175 chickens with an average 

 value of 33c. . . .Jan. 6, sold 6 dozen eggs at 22c. . . .Jan. 8, 

 used in house 5 dozen eggs at 20c. . . .Jan. 11, sold 14 dozen 

 and 5 eggs at 20c .... Jan. 14, sold 10 pounds dressed chicken 

 at 7c. . . .Jan. 18, sold 5 dozen eggs at 20c. . . .Jan. 24, used 

 in house 6 dozen eggs at 16c. ... .Jan. 25, sold lOf dozen 

 eggs at 16c. . . .Jan. 30, used 3 dozen eggs at 16c. and 25 

 pounds dressed chicken at 7c. . . .Jan. 31, fed during month 

 11^ bushels corn at 65c, 5 bushels oats at 50c; spent 15 

 hours in care of chickens during month at lOc; sold 6| 

 dozen eggs at 16c. . . .Feb. 7, sold 11 dozen eggs at 16c. . . . 



"Credit lost is like a broken looking glass." 



