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UNITED STATES DEPARTMENT OF AGRICULTURE 
BULLETIN No. 381 
Contribution from the Office of Markets and Rural Organization 
CHARLES J. BRAND, Chief > 
Washington, D. C. 
▼ 
re - ■ -- 
September 29, 1916 
BUSINESS PRACTI€E^y*a ACCOUNTS 
FOR COOPERATIVE STORES 
By 
J. A. BEXELL, Dean, School of Commerce, Oregon Agricultural 
College, Collaborator, Office of Markets and Rural Organiza- 
tion, and W. H. KERR, Investigator in Market Business 
Practice, Office of Markets and Rural Organization 
CONTENTS 
Introduction " 1 
Corporate Records 3 
Minutes 3 
Subscription Agreement . • . . . 5 
Certificate Book 7 
Stock Certificate Register .... 7 
Dividend Register 7 
Membership Ledger 7 
Interest and Dividend Account . . 10 
Statements and Reports 14 
Manager's Report 15 
Inventory 15 
Statements and Reports— Continued. 
Auditor's Report 16 
President's Report 16 
Operating Records 26 
Strictly Cash Business ... .26 
Both Cash and Credit Business . . 41 
Auditing 50 
Audit of Resources and Liabilities . 52 
Office Equipment 53 
Summary 55 
Bibliography 56 
Index of Records and Accounting Forms . 56 
WASHINGTON 
GOVERNMENT PRINTING OFFICE 
1916 
