ACCOUNTING FOR FRUIT SHIPPING ORGANIZATIONS. 15. 



each grade and size group. The total number of boxes of each grade 

 shipped out, as shown on the pool sheet, should be compared with 

 the total number of boxes received as recorded on the uniform- 

 account sales. If the reconcilement forms are not used, the uniform 

 account sales can be written up directly from the register of receipts. 



In order to preserve a record of the totals of the number of boxes 

 in each grade and size grouping, and later of the totals of the exten- 

 sions made on the account sales, a statement of these totals is made 

 on a special sheet. A copy of this sheet should precede the account 

 sales written up for each variety, and it is well to attach to it the 

 adding-machine listings showing the detail of the above amounts. 

 Inasmuch as but few of these sheets will be necessary, no special form 

 has been devised, but a copy of the account sales form can be used 

 for this purpose. 



After the average prices have been obtained from the pools they 

 are placed opposite the respective numbers of boxes on the account' 

 and the extensions are.made and totaled. Proof of the accuracy of 

 the work should be established by comparing the grand total of the 

 extensions made on the account sales with the extensions of the 

 total number of boxes in each grade and size group at the average 

 prices as shown on the recapitulation sheet. 



When the account sales have been completed, a listing of their 

 numbers and the amounts to be credited to the growers' accounts is 

 made on a journal voucher and an entry is passed as follows: Debit — 

 fruit returns; credit — warehouse revenue, labeling revenue, inspec- 

 tion revenue, sundry growers' accounts; debit or credit overage 

 and underage account with the overage or underage in the above 

 calculations. 



Space has been provided on the pool sheet for recording the above 

 journal entry in order that the distribution of the pool may be shown 

 in complete form. 



At the end of the season for selling supplies all debit balances 

 appearing in the mercantile ledger are transferred to the respective 

 accounts in the fruit ledger. Even prior to the closing out of the 

 mercantile ledger balances into the fruit ledger, all charges, other 

 than for supplies, and which are directly deductible from the returns 

 of the fruit, are posted to the fruit ledger. Among such items are 

 included charges for packing and hauling, for advances, and for in- 

 vestment purposes, as payments on membership fees or subscriptions 

 to capital stock. 



The net amounts shown on the account sales are credited to the 

 respective growers' accounts in the fruit ledger, and checks are sent 

 to the growers to cover the credit balances. 



