12 



Large Farm Accoctnts. 



Necessary to use: multi-column journal, small ledger and indexed 

 bill-board file. 



The accounts kept in the ledger on diversified farming are gen- 

 erally as follows : — 



Capital. Produce. 



Personal. Pasturage. 



Bill account. Taxes. 



Inventory account. Insurance. 



Profit and loss. Dairy. 



Stable. Sheep. 



Utensils. Pigs. 



Implements. Poultry. 



Household. Improvements. 



Fodder. Depreciations. 



Tillage. Manure. 



Grain. Wood lot. 



Labor. Land and buildings. 



Instructions for small farm accounts apply except as noted below. 



All entries must first be made in the journal. 



Inventory, entry and profit and loss columns in journal are 

 unnecessary and are covered by the ledger account columns. 



File and file columns are now used only for short-time customers 

 and customers with small accounts, larger and long-winded accounts 

 being carried in the ledger. 



Unnecessary to have columns on both sides for some departments, 

 only on the side where you have frequent entries, entries on the 

 other side being made through the ledger account columns to the 

 dejoartment account in the ledger. 



Entries made in the ledger account columns should be immediately 

 posted to their account in the ledger. When posted put the ledger 

 page in the narrow column for reference. 



You may have milk, cream and butter columns in the journal 

 and all go to the credit of dairy in the ledger. 



You may have department accounts in the ledger without any 

 journal columns for them if entries are infrequent. 



Do not post from any columns except ledger accounts' columns to 

 the ledger, and from none but file columns to the file, except at 

 closing. 



You will have no resource and liability account in the ledger, as 

 it is subdivided into accounts for each department. 



Closing and reopening entries are made through ledger accounts' 

 columns to accounts in the ledger. 



