THE SMALL NURSERY 



balance to the penny, but they give us the information we 

 are after. 



MAKING ENTRIES 



Insofar as is practicable we try to distribute all ex- 

 penses and receipts as they occur to the accounts wherein 

 they finally belong, thus: 



We buy a hammer — charge Tools Account. 



We sell an old boiler — credit Heat. 



We sell a bouquet, chiefly Carnations and Stevia — 

 credit Carnations and Stevia with rough estimate of 

 the value of each. 



We buy package stamps — charge the bulkiest crop 

 shipped at that period. 



We buy greenhouse hose — charge Miscellaneous Sup- 

 pHes. 



We buy laths for Carnation supports — charge Car- 

 nations, since they alone receive the benefit. 



We design a landscape — credit Labor, when payment 

 is received. 



We haul two loads of manure from barn for 'Mums 

 — credit Horse and charge 'Mums. This is a double 

 entry. Money does not pass, but value does. 



We pay salaries — charge Labor. Include operators' 

 salaries. 



If we know the ultimate destination of an expense 

 or receipt, we enter it there at once. For example, if 

 we buy two barrels of paint to paint greenhouses, we 

 charge Real Estate, not Supplies. Later on we use one- 

 fourth barrel (approximately) to paint the dwelling. 

 Then we credit Real Estate and charge House with the 

 value of amount used. If, on the other hand, we purchase 

 a cheap paint for general use, we charge its cost to Sup- 

 plies, as we do not then know its ultimate use. If, later 



