456 THE BOOK OF THE LANDED ESTATE. 



Ledger. 



Day-labour book. 

 Pay-list book. 

 Botation-book. 

 General Estate Accounts 

 Cash- account. 

 Ledger-account. 



Yearly statement of income and expenditure. 

 Order-book. 

 Letter-book. 

 Memorandum-book. 

 General yearly statement of the estate. 



The first example which I shall give, therefore, according to the fore- 

 going list, will be that of air estimate of probable income and expendi- 

 ture for the year. This is a most useful part of estate book-keeping, 

 and indeed should always be done in the beginning of the estate year, 

 whenever that may occur. A carefully drawn-out estimate is always a 

 guide for the agent during the whole year ; and it enables the proprietor 

 to see at a glance how he may expect to stand in money matters, and 

 what sum is left for his own personal use after the general maintenance 

 and improvement of the estate have been provided for. 



Where estimates are carefully drawn out, and every item entered on 

 either side of the account at the beginning of each year, the proprietor 

 can then approve or disapprove of any portion of the expenditure, just 

 as may be thought necessary ; and when an agent has got the approval 

 of his employer to all or any portion of the estimate, he is at liberty to go 

 on with the different works for the whole year without any more trouble. 



The drawing out of an estimate of probable income and expenditure 

 is simple, and can be done very near the truth when an agent knows 

 his business. If he does not, he will be sure to get into excesses on either 

 side, and consequently his estimates will be valueless. 



The following is the form of estimate which we use : 



ESTIMATE of PROBABLE INCOME and EXPENDITURE on the ESTATE of 

 NEWTONHALL, from 1st July 1867 to 1st July 1868. 



Income. 

 Farm Rents 



Gorry Hill Farm, .345 ' 



Newstead Grange, 267 10 



Abbey Grange, 162 



Carry forward, 1774 10 



