+ 
& 
CLASSIFICATION OF LEDGER: ACCOUNTS FOR CREAMERIES. 
iE. 
The account, Loss, boiler explosion, should be-periodically reduced by the following 
entry: 
DEBIT. 
$10 Expense, boiler explosion. 
Loss,, boiler explosion: .....-. 0... 0.0-.- Lense 
CREDIT. 
S10 
(For periodical charge to amortize loss result- 
ing from: explosion.) 
At theclose of the fiseal yearthe account Expense, boiler explosion, should be car- 
y } , 
ried to Loss and Gaim account. 
Toous (C 4). 
Desir: 
1. With the estimated: value of all the 
small tools as shown. by the Balance 
Sheet at the time of opening the 
books. 
CREDIT: 
1. With. the book value of any tool sold 
and: not.replaced.. 
This account should include such articles as hammers, wrenches, and small hand 
tools, which will under ordinary circumstances last for a period of less than three years: 
Further discussion. of this subject will be found under Tool Replacement. 
The: sup- 
ply of tools on hand should be inventoried at least once each year, and any large varia- 
tion from this-account should be adjusted. 
Moror VEHICLES (GS)... 
Desrr: 
i. With the cost ef any trucks: as: showm 
by the Balanee: Sheet at the time 
of opening the:-books. 
2. With the purchase price of new 
trucks, 
| CREDIT: 
1. With: the book valwte of trucks: dis- 
posed: of or destroyed... 
Orrick FuRNITURE AND EQUIPMENT (C 6). 
Depir:. 
1. With tre total costs as shown by the 
Balance Sheet at the time of open- 3 
ing the books. 
2. With additional purchases. 
3. With freight, express, or drayage 
chargresincident to purcnase. 
4, With eost.of installation. 
’ CREDIT: 
1. With the book value of any article 
sold, discarded, or destroyed. 
This aceount should include such articles as desks, filing cases, adding machines, 
typowriters, ledger, journal binders, etc., which should last for an indefinite period 
oftime. This equipment should be inventoried every year, and the account adjusted 
to agree with the actual value. 
