88 



THE SMALL NURSERY 



number in other accounts. To explain, if we buy 60 

 pounds of string (of which we use a great deal to tie up 

 Sweet Peas and Carnations) rather than charge Supplies, 

 and later transfer the charge as the string is used, we then 

 and there charge Sweet Peas and Carnations each with 

 its (estimated) share of the cost, including express charges. 



WHEN AND HOW^ TO OPEN ACCOUNTS 



The best time to begin a set of cost records is when the 

 greenhouses are most nearly empty of plants, or when the 

 amount of stock in dormant condition is largest. In our 

 case, this is June 1, but for others it may be any month 

 in the year. However, if you contemplate starting a set 

 of records next July, begin now to keep track of things. 

 Your present records will serve you in good stead, and 

 you w^ill have had quite a little experience by that time. 



The first step in opening any account is to charge it 

 with the inventory, based upon your fairest judgment of 

 its value. Last year the autotruck account opened thus: 



Dr. 



Autotruck 





Cr. 



Autotruck 





1922 







1922 







June 1 



Inventory: 











One Ford car 

 car valued . 



450.00 











Garage 





July 1 



Sold old tires 







equipment, 



56.00 



for rubber. . . . 



0.65 







Aug. 8 



Refund on 10- 







Extra tires, 





gal. oil can.. . 



.25 







12.50 



Sept. 5 



Received for 







y2 license for 





use of car bv 







1922 and 







H.W. Thom- 







fee 



5.50 





as, y2 day. . . 



5.00 



June 5 



5-gal. gas 



1.35 









5 



Radiator re- 

 paired 



4.50 









