SYSTEM OF ACCOUNTING FOR COOPERATIVE ASSOCIATIONS. 
11 
FORM 6. 
JOURNAL. 
Dr. 
Cr. 
Fruit 
P.* I.. 
1 
Mer- 
chan- 
dise. 
2 
Fruit. 
3 
Sun- 
dries. 
4 
L. F. 
June 25, 1914. 
L. F. 
Sun- 
dries. 
5 
Mer- 
chan- 
dise. 
6 
Com- 
mission. 
7 
Fruit 
P.&L. 
8 
10. 00 
400. 00 
300. 00 
57. 12 
24. 00 
19.00 
345. 50 
10.00 
Amount brought 
forward. 
FruitcarP.R.R. T 5it 3ff 
Commission 
Eastern Ice Co 
26 
Fruit car L.V. rffo 
Commission 
27 
Bills Rec. 
A. B. Dicks 
Note at 6% due in 60 
days for 1913 account. 
28 
Fruit car P.R.R. TT £hrr 
Commission 
425. 50 
25.00 
10.00 
320. 00 
296. 00 
' 32. 12 
24.00 
19.00 
14.00 
Sundries 
10.00 j 400.00 
400. 12 
355. 50 
400. 12 
400. 00 
10.00 
460. 50 
371. 12 
320. 00 
14.00 
320. 00 
371.12 
14.00 
Fruit. 
Commission 
Fruit P. & L 
1,165.62 
1,165.62 
1. Fruit P. & L. Debit Fruit Profit and Loss account at the end of month with the total of this column. 
2. Merchandise. Debit Merchandise Purchases account with the total of this column. 
3. Fruit. Debit Fruit account with the total of this column. 
4. 5. Sundries. Items appearing in these columns are posted individually during the month to the debit 
or credit of the respective accounts. 
6. Merchandise. Credit Merchandise Sales account with the total of this column. 
7. Commission. Credit Commission account with the total of this column. 
8. Fruit P. & L. Credit Fruit Profit and Loss account with the total of this column. 
THE RECORD OF CASH. 
Separate forms have been provided for the recording of cash 
receipts and cash disbursements, as the ruling of the two forms is 
different and in some months more of one form may be used than of 
the other. This would be the case particularly if the stub check 
book should be discarded, the cash disbursement sheets used as a 
check register, and all checks registered thereon, instead of being 
written up on the check stubs and then entered in the cash book. 
Owing to the comparatively small number of checks issued during the 
slack season, the use of the stub check book seems preferable to the 
other method. The method used in this system is further explained 
under "Cash Disbursements," page 12. 
Since the functions of the cash book are to record in detail the 
receipts and disbursements of cash and to show at any time the 
balance of cash on hand, the forms have been so devised as to lessen 
as far as possible the work of posting, at the same time analyzing the 
receipts and expenditures and disclosing the balance of cash on hand. 
