424, 



INDEX 



Labor, typical entries, 133 



under partnership, 188, 189 

 Labor cost, hourly, 231 

 Labor hours, statistics of, 374, 



377, 378 

 Labor income, 271 



statistics of, 337 

 Labor of proprietor, 131 

 Labor records, horse, 232, 263, 

 296 



illustrated, 226, 227, 236, 237 



journal entries from, 228, 239 



U. 8. Dept. of Agric., 228, 

 229 



use of, 225, 294 

 Land, account, 121 



appreciation of, 122 



fluctuating value of, 122 



interest on investment, 273 



sale of, 122 



Landlord, share rental, 192, 259, 

 260, 288, 310 



statistics of income, 336, 341 



tenant and, 191 

 Law, bibliography, 415 



partnership, 186, 188 

 Lease, entry for, 258 



rental provisions, 258, 261 



share rental, 191 

 Ledger (See also "Accounts") 



can be used alone, 14, 83 



closing, 48 



contains all essential data, 83 



defined, 18 



importance, 12 



posting references, 88 



ruling, 19 



used with other books, 83 

 Liabilities (See also "State- 

 ments") 



credit balances, 30 



Liabilities defin. 



of partners', 188 

 Liberty bonds, 302 

 Livestock (See also "Swine," 

 "Cattle," "Horses," 

 "Poultry" and "Sheep") 

 analysis of products of, 370 

 comparative analysis of, 366 

 comparison of costs, 391 

 death of, 138, 179, 180 

 insurance on, 178, 179 

 interest on investment, 276 

 inventories, 138, 147 

 prices, 387 

 manure, 267 



natural increases, 125, 138 

 I>ri.-r of f>'.l, 389 

 silage f. 



Loan on a note, 80 

 Long, A. E., illustrative problem, 



HI 

 Loss and Gain account, closing to 



capital aermmt, "1 

 contents of, 51 

 illustrated, 47, 269, 270 

 reading a, 346 

 sale of land, l_i' 

 similarity to Loss and Gain 





 summary of nominal accounts, 



44, 47 



Loss and Gain Statement, an- 

 alysis of L & G account, 7, 

 76 

 explains changes in net worth, 



7 



relation to Statement of Re- 

 sources an.) Liabilities, 76 

 taken from capital account, 32 

 (See also "Extraordi- 

 nary Losses") 



