XIV. 



DEBIT AND CREDIT. 



The next morning I sat down at my desk and be- 

 gan to make out the balance sheet. Some time 

 would elapse before I could receive returns from 

 New York, but all other accounts could be arranged, 

 and when the returns for the honey came, they 

 could be readily entered, and the results of the 

 year's work quickly known. 



The accounts were first to be arranged in two 

 classes. Into the first class must be put everything 

 which had been consumed in the work of the year, 

 everything which might be called current expenses. 

 Into the second class was to be put all expenditures 

 which were properly considered a permanent invest- 

 ment in the business. The accounts had been care- 

 fully kept, and the work of arranging them was 

 easy. 



As the work had grown quite unexpectedly on my 



hands, large expenses had been incurred, in the 



hurry of the season, of which no minute record 



has been made in the foregoing pages : honey- 



140 



