SYSTEM OP ACCOUNTING FOR COOPERATIVE ASSOCIATIONS. H 



FORM 6. 



JOURNAL. 



Dr. 



Cr. 



Fruit 

 P.&L. 



1 



Mer- 

 chan- 

 dise. 



2 



Fruit. 

 3 



Sun- 

 dries. 



4 



L. F. 



June 25, 1914. 



L.F. 



Sun- 

 dries. 



5 



Mer- 

 chan- 

 dise. 



6 



Com- 

 mission. 



7 



Fruit 

 P.&L. 



8 



10.00 



400.00 



300. 00 

 57.12 



24.00 

 19.00 



345. 50 

 10.00 





Amount brought 

 forward. 

 Fruit car P.R.R. idgst 



Commission 



Eastern Ice Co 



26 

 Fruit car L. V. ^^ 



Commission 



27 

 Bills Rec. 



A. B. Dicks 



Note at 6% due in 60 

 davsfor 1913 account. 

 28 

 Fruit car P.R.R. tcU^t 





425.50 

 25.00 



10.00 



320. 00 



296. 00 

 32.12 



24.00 

 19.00 



14.00 









10.00 



400.00 



400.12 



355. 50 

 400.12 



400. 00 

 10.00 



460. 50 



371. 12 



320. 00 



14.00 



320. 00 



371.12 



14.00 





Fruit. _ 













Fruit P. & L 















1,165.62 



] 



1,165.62 





1 . Fruit P.&L. Debit Fruit Profit and Loss account at the end of month with the total of this column. 



2. Merchandise. Debit Merchandise Purchases account with the total of this column. 



3. Fruit. Debit Fruit account with the total of this column. 



4. 5. Sundries. Items appearing in these columns are posted individually during the month to the debit 

 or credit of the respective accounts. 



6. Merchandise. Credit Merchandise Sales account with the total of this column. 



7. Commission. Credit Commission account with the total of this column. 



8. Fruit P. & L. Credit Fruit Profit and Loss account with the total of this column. 



THE RECORD OF CASH. 



Separate forms have been provided for the recording of cash 

 receipts and cash disbursements, as the ruling of the two forms is 

 different and in some months more of one form may be used than of 

 the other. This would be the case particularly if the stub check 

 book should be discarded, the cash disbursement sheets used as a 

 check register, and all checks registered thereon, instead of being 

 written up on the check stubs and then entered in the cash book. 

 Owing to the comparatively small number of checks issued during the 

 slack season, the use of the stub check book seems preferable to the 

 other method. The method used in this system is further explained 

 under "Cash Disbursements," page 12. 



Since the functions of the cash book are to record in detail the 

 receipts and disbursements of cash and to show at any time the 

 balance of cash on hand, the forms have been so devised as to lessen 

 as far as possible the work of posting, at the same time analyzing the 

 receipts and expenditures and disclosing the balance of cash on hand. 



