UNITED STATES DEPARTMENT OF AGRICULTURE 

 BULLETIN No. 811 



Contribution from the Bureau of Markets 

 George Livingston, Acting Cliief 



Washington, D. C. 



December 5, 1919 



A SYSTEM OF BOOKKEEPING FOR 

 GRAIN ELEVATORS 



By 



B. B. MASON, Assistant in Market Business Practice, FRANK ROBOTEA 



Field Agent in Market Business Practice, cooperating with the College of 



Agriculture of the University of Minnesota, and A. V. SWARTHOUT 



Investigator in Market Business Practice 



CONTENTS 



Page 



Introduction 1 



Types of Elevator Accounting Systems 2 



Description of the System and Directions for/its Operation . . 3 



Grain Receiving and Shipping Records 3 



Other Grain Records 6 



Cash Journal, Purchase and Sales Record 6 



Reports; Grain, Merchandise, and Manager's .... 10 



Ledgers 11 



Classification of General Ledger Accounts 12 



Trial Balance 31 



Closing the Books 31 



Balance Sheet 35 



Income and Expense Statement 37 



Cost Analysis 40 



Balancing Cash with Bank 40 



Supply Accounts Settled with Grain 41 



Conclusion 41 



Forms and Illustrated Entries 43 



WASHINGTON 

 GOVERNMENT PRINTING OFFICE 



1919 



