MAKING ENTRIES 



87 



on, we use it to paint the barn, we credit Supplies and 

 charge Real Estate, or whatever we call the account 

 which includes the barn. 



About 10 per cent of all entries are double entries 

 as just cited. We have tables of weights and measures 

 and a good scales in the potting shed. Knowing the rough 

 weight of a 3-gallon pail of bonemeal, it is a simple matter 

 to count the number of buckets used in topdressing Car- 

 nations, and to promptly charge Carnations and credit 

 Manures with their value. Naturally, we are not too 

 particular in all this, but the values lost sight of are rela- 

 tively slight. 



A good rule for making entries is as follows: 



When value leaves an account, credit it. 



When value enters an account, charge it. 

 This may be stated another way, thus: 



Credit an account when it waives responsibility for 

 something. 



Charge an account when it assumes responsibility for 

 something. 



To illustrate: if we sell 100 Carnations for $12, we 

 credit Carnations, since value (Carnations are valuable) 

 leaves their account. If we buy a hammer we charge 

 Tools, since value (a hammer has value) is assumed by 

 the account called Tools. A little practice will render the 

 making of such entries almost automatic. A mistake is 

 bound to show up here and there, but it can easily be 

 rectified when the books are reviewed. 



Every item of income and outgo must aooner or later 

 be transferred to the several crop accounts, since every- 

 thing jn the business exists and takes place for their 

 welfare. Accordingly, we endeavor to make the maximum 

 number of entries in the crop accounts and the minimum 



