12 BULLETIN 403, U. S. DEPARTMENT OF AGRICULTURE. 
ENTERING ACCOUNTS ON THE CASH JOURNAL. 
Upon receipt of a check accompanying an account sales from trie 
market, the amount of the check should he entered in the cash col- 
umn in the cash journal to the debit of cash and credited to live-stock 
account in the general accounts column. The check covering such 
a shipment, together with other cash receipts for the period since the 
last bank deposit (all of which should be entered in the cash column), 
should then be deposited, and an entry for the amount of the deposit 
should be transferred to the bank deposits column. Further entries 
in the cash column will not be added to entries made previous to this 
deposit, since the cash column serves merely as a memorandum of 
the amount of receipts, and the various additions from day to day 
are transferred to the bank deposits column as the deposits are made. 
After having prorated the returns on the shipment on the members' 
account sales, the association checks to the members should be 
entered in consecutive order, giving the name of each patron with the 
number of the check. The amount of each check is entered in the 
bank withdrawals column and the total payments charged to the 
live-stock account in the general accounts column. 
Journal entries covering home expenses and deductions relative 
to the shipment can then be entered. These would include such 
items as manager's commission and incidental supplies and would 
be credited to these respective accounts and charged to live stock. 
The inclusion of these items, together with the checks paid to mem- 
bers, should constitute the total charges to the live-stock account. 
When a check is issued to the manager for his services, the amount 
should be charged to the manager's commission account, showing 
the account balanced for a particular shipment. Such items as 
stationery, stamps, lumber for partitions, etc., when purchased can 
be charged to incidental supplies and credited off as used in the man- 
ner cited above. The rate charged in the proration of these materials 
should be such as to credit them off the books at their cost value. 
In accounting for sales of supplies, the several columns should be 
headed according to requirements. All entries of sales may then be 
distributed under the appropriate headings, showing the pounds and 
amount of each sale. If the supplies are sold on account, the amount 
of sales should be charged in the accounts receivable column opposite 
the customer's name in the items column. The number of the sales 
ticket should in each case be entered in the sales ticket column. 
Cash sales should be credited to the proper commodity, as in the case 
of sales on account, a corresponding amount being entered to the 
debit of cash in the cash column. As the entries progress and the 
pages of the cash journal are filled, the various columns should be 
added and the totals carried forward to the next page. The two 
