4 BULLETIN 865, TJ. S. DEPARTMENT OF AGRICULTURE. 



CHART OF LEDGER ACCOUNTS. 



BALANCE SHEET ACCOUNTS (NOS. A TO I, INCLUSIVE). 



Assets. 

 Account No. 



A. Current Assets: rage. 



A l.Cash on Hand 5 



A 2. Bank Account (name of bank) C 



A 3. Notes Receivable 6 



A 4. Accounts Receivable Control 7 



A 5. Patrons Accounts Receivable 7 



A 6. Manufactured Products Inventory 7 



A 7. Operating Supplies Inventory 8 



B. Securities: 



B 1 . Sinking Fund 9 



C. Fixed Assets: 



C 1. Land 9 



C 2. Buildings 9 



C 3. Machinery and Equipment 10 



C 4 . Tools 11 



C 5. Motor Vehicles 11 



C 6. Office Furniture and Equipment 11 



D. Prepaid Expenses: 



D 1. Prepaid Insurance : 12 



D 2. Printing and Stationery 12 



Liabilities, Reserves, and Net Worth. 



F. Current Liabilities: 



F 1. Notes Payable 12 



F 2. Accounts Payable 13 



F 3. Accounts Payable Patrons 13 



F 4. Notes Receivable Discounted 14 



F 5. Collections on Notes Discounted 15 



F 6. Accounts Payable Haulers 15 



G. Accrued Liabilities: 



G 1. Interest Accrued 16 



G 2. Payroll 16 



G 3. Taxes Accrued 17 



LT. Reserves: 



II 1 . Reserve for Doubtful Accounts 17 



II 2. Reserve for Depreciation on Motor Vehicles 18 



II 3. Reserve for Depreciation on Plant 18 



II 4 . Reserve for Dividends Payable 18 



1 1 5. Sinking Fund Reserve 19 



I. Net Worth: 



I 1. Capital Stock '. 20 



r 2. Surplus 22 



I 3 . Loss and Gain 22 



income and expense accounts (nos. j to p, inclusive). 



Income Accounts. 

 J. Sales: 



J 1 . Butter Sales 23 



J 2. Cream Sales 23 



J 3. Milk Sales 23 



J 4 . Cheese Sales 23 



J 5. Buttermilk Sales 24 



