. Agriculture and the farming business . d that the balance, $2,, representsthe gain on the corn crop without relation to investment,and is found by adding the debit and credit columns andfinding their difference. If the debit side is the lighterthe balance shows a gain; if the credit side is lighter, thebalance represents a loss. After adding the balance tothe lighter side, the totals of both columns should be thesame. In precisely the same way accounts with the creamery,lumber company, dairy, orchard, home garden, hogs, sheep,etc., are kept. Instead of a ledger book, some farmers prefe
. Agriculture and the farming business . d that the balance, $2,, representsthe gain on the corn crop without relation to investment,and is found by adding the debit and credit columns andfinding their difference. If the debit side is the lighterthe balance shows a gain; if the credit side is lighter, thebalance represents a loss. After adding the balance tothe lighter side, the totals of both columns should be thesame. In precisely the same way accounts with the creamery,lumber company, dairy, orchard, home garden, hogs, sheep,etc., are kept. Instead of a ledger book, some farmers prefer keepingtheir farm accounts on specially prepared account formsor blanks, put up in tablet form or in the shape of filingcards with index iruides. 52 AGRICULTURE AND Pocket record book.—The most important singlething in connection with the keeping of farm records andaccounts, is to be in a position to note down in a smallpocket record hook or memorandum each item or transac-tion as it occurs. A neglect to do this usually results in a. Handy letter files forfarm office. Sliowing shelf-typewriter arrangement when not in use. neglect of the business end of farming or in the keepingof inaccurate accounts. In the evening or at the end ofeach week, the farm manager may enter all items in thecash book, office ledger and record book. The cash book.—Every business man in shop or onthe farm should keep a cash account, and in this way keepacquainted with his cash deposit or checking balance atthe bank. The local bank with its check book system andconveniences is an advantage to every patron, as in thisway farmers are able to keep constantly informed, and atthe same time transact practically all business by the useof personal checks and without the necessity of keepingon hand large sums of money. The stubs of the checks THE FARMING BUSINESS 53 should serve as receipts and at the same time offer a check-ing system against the cash accounts, whether they are keptin the ledger or in a se
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