12 



BULLETIN 225, U. S. DEPARTMENT OF AGRICULTURE. 



All receipts are deposited daily, and all disbursements are made by- 

 check. When it is necessary to carry on hand a petty cash fund this 

 should be done on the Imprest System described in U. S. Department 

 of Agriculture Bulletin 178, " Cooperative Organization Business 

 Methods." 



Cash receipts. — The form of cash receipts (Form 7) corresponds to 

 the left-hand side of the ordinary cash book. Columns have been 

 provided for Sundries, Fruit, and Merchandise. All remittances 

 received on account of shipments of fruit are extended in the Fruit 

 column. Merchandise cash sales are extended in the Merchandise 

 column. 



A column for deposits has been provided in order to show the 

 amount of the daily deposits, so that they can be checked against the 

 entries appearing in the bank pass book. 



FORM 7. 



CASH RECEIPTS. 



Date. 



Name. 



Items. 



L. F. 



Sun- 

 dries. 



1 



Fruit. 

 2 



Mer- 

 chan- 

 dise. 



3 



Bank de- 

 posits. 



4 



1914. 

 June 25 



H. C. Cannon & Co 



Amount brought 

 forward. 

 Car 49 P. R.R. 105539.... 





480.00 

 60.00 



3,005.35 

 667. 50 

 745. 00 



60.00 

 3.00 



3,545.35 





Cruxton Produce Co 

 Cash Sales 



Car 53 LS&MS 40693 



1,475.50 



26 





41.00 

 20.00 





30 







61.00 







Fruit 











601. 00 

 4,417.85 



63.00 



4,417.85 



63.00 



5,081.85 

























5,081.85 



5,081.85 



1. Sundries. Items appearing in this column are posted in detail during the month to the credit of the 

 respective accounts. 



2. Fruit. Credit Fruit account with total of this column. 



3. Merchandise. Credit Merchandise Sales account with total of this column representing cash sales of 

 merchandise. 



4. Deposits. The total of this column, less balance carried forward from preceding month, must equal the 

 total of the three columns, Sundries, Fruit, and Merchandise. This shows that all amounts received have 

 been deposited in the bank, and a comparison can easily be made between the amounts as shown to have 

 been deposited in the bank book and the amounts which should have been deposited according to the 

 cash book, thus providing another check on the cash. 



Cash disbursements. — The cash disbursements form (Form 8) cor- 

 responds to the right-hand side of the ordinary cash book. Two sets 

 of checks are used. The first Check Number column and the Fruit 

 column are used for the recording of all checks issued to the growers 

 in payment of the net proceeds of fruit shipped. The second Check 

 Number column and the Sundries column are used for all other items. 

 Two more columns have been provided which may be used for other 



