COST ACCOUNTING 289 



Apr. 16. Received cash from B. E. Adams to redeem his 

 note of Feb. 16th * and to pay interest on same. 



Apr. 30. The household received during the month, poultry 

 valued at 80c, eggs valued at 90c and dairy products valued 

 at $5.30. 



May 1. Arranged with Roy Wade to work by the month until 

 December 1st for $30 a month and his board, room and laundry. 

 It is agreed that he can draw his wages in installments of not 

 less than $5 at any one time after he has earned them. 



May 5. Received cash from A. M. Atwood for note due today, 

 with interest on same at 6% per annum from December 5, 

 1915. 



May 6. Paid Watt Hdw. Co. in full of account, $150. 



May 25. Decided to discontinue the raising of sheep, so sold 

 all the sheep for $230 cash. 



May 25. Roy Wade drew $10 on account of wages. 



May 31. Sold part of the hay for $95. 



May 31. The household received during the month, poultry 

 valued at 70c, eggs valued at $1.30 and dairy products valued 

 at $7. 



May 31. Credited Roy Wade with wages for May, $30. 



May 31. The household values the board, room and laundry 

 of the hired man during May at $20. 



June 1. Paid $30 for bran and shorts. 



June 8. Roy Wade drew $20 on account. 



June 10. Bought sundry supplies for house, $16.50, of which 

 $13 was paid in cash, $2.50 in butter, and $1 in eggs. (Cr. House- 

 hold.for the $2.50 and $1.) 



June 10. Bought nails, bolts, etc., for repair of equipment, 

 $1.15 cash. 



June 10. Bought a new hat and suit of clothes for $27.50 

 cash. 



June 30. The household received during the month, eggs 

 valued at 50c and dairy products valued at $5.60. 



June 30. Credited Roy Wade with wages for June, $30. 



1 In figuring 60 days from February 16, it should be remembered 

 that 1916 was a leap year. 



