20 BULLETIN 985, U. S. DEPARTMENT OF AGRICULTURE. 
of the business, aes ed under their proper designation, each sum- 
mary being known in bookkeeping as an account. 
CHART OF LEDGER ACCOUNTS FOR COTTON GINNERIES. 
Balance Sheet Accounts (Nos. A to I, inclusive). 
ASSETS. 5 
A. Current assets: . Page. 
Al. Cash on hand..........- PU BT BOS e? O18 oe et ae 21 
A. Cashim hanks iitieseg. io igdage IGN Sean ess 2 21 
Ada Notes recetvables ciate te bee ote yet eee eee ee 21 
A4. Accounts receivable control (ginning ledger).........--......-...- 22 
BV er PIGVENUOLY aioe ade acre os ge toni Cane ose ayn BL SL ee Se ee 22 
B. Fixed assets: 
ede cham desi stad. ts et ie ete ae) OB are Oo ee ese eee 22 
B2G, Baldings. 9s. gatos 2 is ae BR Ug eee: ee Seep ee eae 23 
Bo. Machinery: and equrpment._“e 72e. ae ee fg ee 23 
B4"Othee furniture and equipment... cae sce fe oe ae ae 24 
D. Accounts paid in advance: $ 
Di. Prepaid insurance. .vis22) £08. 24.2.4: 2a ak PGE OER COC oe 24 
LIABILITIES, RESERVES, AND NET WORTH. 
F. Current liabilities: 
DL: Notes payable. 2. Ss. Aft Stk. SORE CNT Lhe jt Se Saw eee ee ae 25 
Re; Accounts payables: fei ziiidil ete ee Bae ee ee ee 25 
3... Dividends payable. -o034. .. see. grees cee es Saito ing 6H Eee 25 
G. Accrued liabilities: ) 
Ger Pa y-TOtVaeeC Outs. eee aes aes eee ope a ee ees See ee 26 
G2. -Accrucdstaxes and] rentcd oi. 2k A ES ORES So etd, MD Ae 26 
H. Reserves: 
FHt.. Depreciation, buildings: -2 os! :ed)o5- 4¢eSee adsl is (Se eS ee Ee 27 
H2. Depreciation, machinery and equipment..........-..-.---.-----.-- 27 
FPS.” Depreciation, OMICe Eq ULNMON Geo ace, gs on ee et 27 
Fe UGe bttubaeccounts ye 4. Vial OE iad BE Ret ES Sa) ae et Serre ae 28 
I. Net worth: 
11: Capital stockui tine .s2cn: ose lea rtiabe: -tosseahiteeeee: See 28 
PAC SUR plussie: EF agent, Sc SA UR ee) BD AIS Oe ae ee ee ee eee 29 
ES ROSS and pains 32 8 ce. oD ee whe he oe ene oe ee 30 
Income and expense accounts (Nos. A to P, inclusive). 
K. Ginning income: 
Kl. Custom ginning income...) ceclogne- oti as 28 Loete-geet eee 30 
L. Trading income: 
4: Cottonseed salege: tuoi 220 ee eS es SE eee 31 
E2. Cotton sales. 20.5 2 ao) 6s eg he ee 31 
LS: Baspine and ties saless: Ps 2 Pek RIPE ee ee ee ee 31 
M. Miscellaneous income: 
Mt GCashidiscouitt 2 34ee Gat! 2h 2h ee. figs Bs Ue} OG Sees! 31 
N. Ginning expense, operating: 
7) INI. Salanes and labor expense... c<o-¢ 354 eae oe oe ee 32 
N27 Power CXpense cece 3. Sa oes te ee th See 32 
INS TRE pairs ee oe ee ee er ee ee ee en ae ee a 
N4. Depreciation.........-...-..- suede. oA FSR. 2 > LOR ae 32 
N53 |Qperating suppltes.2 i. Jcccacesaee Liege: eee b ee ee tp ee 33 
NE. Insurance: -...4s-sasecei- 2 LaodT) ie a Se es a eee 33 
O. Administrative expense: 
OL. -Ofieesuppies* en tl) SS Ee See eee eee 2S pean hes 2 33 
O02. Telegrap ie telephone} ‘and: postage! !)7 22 9 Ed DS 33 
O3. Rent: .--. 22222. sedseBisael ot pe eee? Se Se Oise Sia 33 
O4. Tame 2g 8 5. 84 Ue FSs gi le Ae ee pie ta 34 
©15.. Loss Front. bad 2eCOUntsss. sce rc Se eee a See hee BAe 34 
Ge: Miscellaneous expense. 2? MS022 2 ee ere ee 34 
P. Trading accounts: 
Pil. .Seed-cotton: purchaseszis:. . sce -. lente. 2G. grate tee eee 34 
P2., Cottonseed. purchases.....2-< 005+ o sss eetyssia- 44 ge: go ee 35 
P3;"O@aon purchases: 2s. 0/2255. 222. OE Rae ee 35 
PAC Basmane and ties purchases....2..5-. $¢.6.- 555645 -/25eeeee ds sua 35 
