75 



to figure in all the payments in the cash book under these 

 heads Labour Sundries Taxes Private Expenses. In 

 another book, which stationers call long folio, is the annual 

 account, thus, ruling the necessary lines to make the follow- 

 ing columns, beginning each year's account on the 1st May : 



ON FARMING ACCOUNT. 



Date. ExpJnsls. Sundries. Taxes. Labour. 



. s. d .s.d. s.d. . s. d. 

 May .... 



June . . . 



Each column added up at the end of the year gives the 

 annual amount paid on these different accounts. The 

 value of the seed corn, whether bought, or the produce of 

 the farm, must be added, and these will form all the out- 

 goings. To which of course must be added, the rent, and 

 interest of capital employed. On the other side of this 

 account is stated the quantities and gross amount sold, for 

 Wheat, Barley, and every other kind ot grain which the 

 farm has produced. Also, ihe profit derived from Beasts, 

 Sheep, Pigs, Poultry, and Butter; ascertained by opening 

 a separate account for all stock, valuing those on hand on 

 the 1st May ; entering the amount of those sold, and also 

 entering, at the end of the year, the then value of those 

 unsold. 



The account at .the end of the year, on the 1st May 

 will stand thus : 



IN-COMINGB. 



. s. d. 



Wheat quarters .... 



Barley ditto 



Oats ditto 



Beans ditto 



Profit on beasts 



Ditto on sheep 



Ditto on pigs 



Butter 



Poultry 



OltT-GOINGS. 



. 8. d. 



Paid for Labour .... 



Taxes 



Clover and other seeds 



Seed corn 



Interest of capital .... 



Insurance 



Rent ., , . 



Horses should be valued each 

 year; profit, if any, entered on the 

 other side if loss, on this. 



Of course, so much as the amount 

 on this side exceeds the other, is 

 the profit. 



