38 The Farmer's Business Handbook 



debits entirely and using what is really a single- 

 entry system. But the professional bookkeeper 

 will immediately answer that this is not a correct 

 method of keeping books. This is granted, and 

 it emphasizes the desirability of keeping an ac- 

 count with Farm Household. 



It may be said that the farmer really has no 

 cash drawer : he cannot count up cash every night 

 to see whether any mistakes have been made in 

 making change or from any other cause. What he 

 can do is to count cash at the end of the year and 

 to add inventories of all values, as teams, stock, 

 etc., and thus determine his present worth. That, 

 compared with the worth of all his property at 

 the beginning of the year, will indicate correctly 

 the total losses or profits of the year, and the 

 detailed accounts with wheat field, stock and 

 the like, will give a close approximation to the 

 gains or losses of the various minor undertakings. 



WOKK REPORTS, OR TIME BOOKS 



The following work reports are, in the main, 

 self-explanatory. It should be said, however, 

 that they are adapted to double -entry bookkeep- 

 ing, and it will be well for the student to grasp 

 that fact in the beginning. When the items in 

 the report are entered in the ledger, teams, hay 

 field, contingent, and the like, will be debited 



