BOOKKEEPING EOK GRAIN ELEVATOES. 
and can be carried out in this system. Where this procedm 
followed, there will be no Cash Grain Purchases. 
On the Record of Grain Purchases will be entered the date, c 
number, price, amount of the check, storage deduction, if any 
the cost of the grain, as well as the gross, dockage, and net bu 
The cost of the grain is the amount of the check plus the sto 
charge. 
The net bushels are segregated into kind, class, and grade, 
bushel columns should be totaled on dates to correspond with th< 
on which the Record of Storage Tickets Issued is totaled, and t 
totals carried to the Grain Report opposite "Cash grain purchas 
this period" or opposite " Stored grain purchased this period." 
The Amount, Storage, and Cost columns should be footed at th. 
close of each month and proved by checking the total of the Cost 
columns against the sum of the Amount and Storage columns. 
After the correctness of the monthly footings has been proved, 
they should be posted to the general ledger as follows: The totals 
of the various Cost columns, representing the total cost of the re- 
spective grains, should be entered on the debit side of the respective 
grain accounts. The total of the Amount column, representing the 
total of the grain checks for the month, should be carried to the 
credit of the Bank account. The totals of the Storage column, 
representing the income derived from storage collected during the 
month, should be posted to the credit of the Storage account. 
Record of Grain Shipments and Sales. — The Record of Grain Ship- 
ments and Sales (Form No. 4, p. 48 ) carries a record of all cars shipped 
and the net returns, terminal weights, and terminal grades of each 
shipment. The data to be entered in the columns headed Date, 
Shipped to, Car No. and initial, Shipper's grade, and Shipper's 
weight are taken from the bill of lading at the time of shipment, while 
those for the remaining columns are taken from the account sales. 
The totals of the Proceeds columns for each kind of grain should be 
posted at the end of the month to the credit of the respective grain 
accounts in the general ledger. The items in the Net proceeds 
column should be posted individually to the debit of the grain com- 
mission accounts indicated in the column provided for the name of 
the name of the consignee. The totals of the bushels columns should 
be carried to the Grain Report opposite "Total shipped this period" 
on dates corresponding with those on which the Record of Storage 
Tickets Issued and the Record of Grain Purchases are totaled. 
In the use of this form it will be found that at the end of the month 
shipments may be standing out as grain in transit. At the beginning 
of the following month, it will be necessary to bring all such cars 
forward, making a note after the previous entry of the shipment, i. e. 
