DECEMBER 



On the farm. December is a good month for the 

 farmer to balance his books and see whether his manage- 

 ment has been profitable or unprofitable. The success- 

 ful farmer will know whether each field is yielding up 

 to the standard every year. He will know whether 

 his farm animals are paying their board. He will know 

 how much money he should spend and how much he 

 should save to be progressive. To be able to manage 

 the farm as a successful merchant does his business, the 

 farmer must keep records and books in some simple and 

 accurate way. 



LESSON XXXVI 



FARM ACCOUNTS 



Keeping accounts. Every farmer should keep 

 accounts. Often it is desirable to know how much cash 

 is received and paid out during the year. A simple 

 cash account will show this. All kinds of accounts re- 

 quire two columns. The columns may be placed side by 

 side, with double ruling down the center of the page, 

 dividing them. This method will be used in this lesson. 

 The following explanation of the cash account system is 

 taken from Hatch's Elementary Agriculture with Prac- 

 tical Arithmetic: 



Cash accounts. In keeping a cash account the word 

 cash is first written across the top of the page. All 



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