THE TRIAL BALANCE 79 



Mar. 1, 1916, Frank Rodgers began farming operations for 

 the year with resources and liabilities as follows: Cash $150, 

 Notes Receivable $480, owing by brother Walter Rodgers $100, 

 Equipment $1455, Horses and Mules $1900, Cattle $600, Hogs 

 $500, Poultry $50, Land $7000, Buildings $3000, Mortgage Pay- 

 able $4000, Note Payable $200, owing to a neighbor John Long 

 $35. 



Mar. 16, Paid cash for insurance $55. 



Mar. 18, Sold some eggs for $5 (credit poultry). 



Mar. 31, Sold some hogs for $300 cash. 



Mar. 31, Paid wages in cash, $30. 



Apr. 5, Paid $65 for miscellaneous items. 



Apr. 6, Sold eggs for $4. 



Apr. 26, Paid $120 interest on mortgage (debit interest ac 

 count). 



Apr. 30, Paid $30 for labor. 



Apr. 30, Sold eggs for $6. 



May 31, Paid $30 for labor. 



June 15, Sold fruit for $20. 



June 16, Received $50 from brother Walter on account. 



June 30, Paid $30 for labor. 



July 7, Paid for miscellaneous items $15. 



July 7, Sold garden truck and fruit for $30. 



July 31, Paid for labor $45. 



Aug. 1, Paid for new equipment $45. 



Aug. 18, Sold some spring chickens for $10. 



Aug. 21, Sold oats for $400. 



Aug. 31, Sold wheat for $300. 



Aug. 31, Paid for labor $50. 



Sept. 4, Paid my note for $200, and interest $12. 



Sept. 30, Paid $30 for labor. 



Oct. 8, Paid John Long $20 on account. 



Oct. 26, Paid $120 interest on mortgage. 



Nov. 8, Sold timothy hay for $150. 



Nov. 30, Paid for labor $40. 



Dec. 4, Sold corn for $600. 



Feb. 15, 1917, Paid taxes amounting to $79. 



