28 BULLETIN 381, U. S. DEPARTMENT OF AGRICULTURE. 
3. Coupons redeemed. — This column is used only in case the coupon 
system is used, in which case the coupons received during the day 
are entered in this column through the Daily Summary. (16) 
4. Coupons issued. — In this column are entered amounts received 
for coupons sold, cash being debited and coupons credited. Until 
they are paid they stand as a liability. (16) 
5. Cash sales. — Receipts for sale of merchandise and produce are 
entered in this column. (24) 
6. Accounts receivable. — Used only in a credit business. In it are 
entered only amounts to be credited to the customers' accounts. It 
is the controlling account of the credit side of the Customers' Ledger 
or Account File. (3) 
7. Bills receivable. — Used only in a credit business. In it are 
entered only receipts from signed obligations due the business. 
Great care should be taken not to confuse columns 6 and 7. (5) 
8. Bills payable. — In this column are entered all amounts bor- 
rowed from the bank or other parties. The difference between this 
column and column 16 in the Cash Payments must at all times 
represent the amount of bills outstanding against the business. (14) 
9. Interest received. — In this column are entered amounts of 
interest received on stock notes and bills receivable. This column 
is used only where a credit business is done, or where the stock is not 
fully paid up. (39) 
10. Capital stock. — Receipts for capital stock which have not been 
entered previously as Stock Notes Receivable. In the latter case, 
the entry is made in number 11. (17) 
11. Stock notes receivable. — In this column are entered amounts 
received on stock notes as explained under (6) . 
12. Unclassified. — Amounts which can not be classified properly 
under any of the other headings. The title of the accounts should 
be written clearly in the space provided, and each entry must be 
posted to the proper account in the General Ledger when the sum- 
mary is made at the end of the year. These are the only items which 
are so posted, since the totals of the other columns are carried for- 
ward to the Summary, and from there posted once a year to the 
General Ledger. 
CASH PAYMENTS. 
All payments, except petty items, are made by check on properly 
approved vouchers. A part of the change fund referred to on page 
27 should be handed to the cashier or bookkeeper for petty expenses, 
freight, and the like, and at stated intervals the items should be 
billed, properly classified, approved, and a check drawn for the bill 
in favor of the bookkeeper or cashier. This obviates the necessity 
of entering a large number of petty items in the general cashbook, 
