Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1914-07-10

% know what a thing has cost
sosore we put it on the market.
:, manufacturer did not know
much his products cost him,
would he know what price to
ut on them?
No YOU know what you ought to
:, for each of your products in or
n he able to stay in the bust
less?
Do you know how much you make
or lose each year?
Do you know whether you make
on all crops and, if not. on which you
lose?
If you lose on any one crop, do
,ou always see where the leak is?
M YOU know how much it costs
,or m make and market your cotton,
rain. pork, beef, fruit, horses, mules
or timber?
Would you come any nearer to
nowing. If you were to keep books
with yourself and with your crops?
The first thing to do is to make a
,ist of everything you possess, put
ing down, as near as you can judge,
Inc present market value of each
hing. Then make one of what you
1--WE, If anything. The difference be-
tween these two lists shows what you
are financially worth now.
This may be done every II
months, and it is all that is neces
sary in order to see how much you
IRE getting ahead or falling behind
from year to year. II you want TO
lind out what each crop is doing'for
you-or against you, as is sometimes
the case-you will have to go more
into detail.
In making the list of your prop
crty it is necessary to classify it
under different heads.
The pillow animals, together with
harness and feed on hand, may be
listed under the head of Work Stock
The plows, harrows, hoes, moving
machine, wagon, etc, may be all list
ed under the head of Tools and Ma
chinery, or Implem ents, "for short. :"
The heading, Live Stock, may in
lude cattle, poultry, sheep, hogs,
etc., or, better still. each of these
classes of animals may be listed
under a separate head. In either
tase, whatever goes with them such
IS feed on hand, etc, may be listed
with them.
Wheat, cotton, hay, etc. that are
harvested and are to be sold, may be
Zach listed under the respective head
ings, or all may be punched under
the single head, Products.
Whatever cash you have on hand,
!ou may list under the head of Cash.
Under the heading. Real Estate,
YOU may put the land, house, barn
and other buildings.
If John Doe or A. B. & Co. owe you
anything, put such things down
under the head of Bills Receivable,
or, If you prefer, put each amount
Gown separately, under the name of
the party that owes you.
Also, if you owe anything, put each
debt down under the name of the
party you owe, or bunch them under
the heading, Bills payable.
The next step is to add up the total
IN dollars and cents under each head
'ng, and then charge the totals, under
"lmllar headings, each on separate
age in a ledger-ruled bank book
which you can buy for ten to twenty
five cents.
When you have done these things
you have opened up each account for
the year. There will probably be ad-
uitlonal accounts to open up with
other crops as the year advances.
from now on, everything that you
give each crop or other thing, is
charged against it in the left hand
column on its page in the ledger. For
Instance, whatever work you do or
nave done for any field crop, or for
hogs, cattle, or anything else, is
charged against that thing; likewise
cnarge any seed, feed, or other thing
mat any account receives.
everything that each crop or other
account gives you, you credit to that
account in the right hand column of
''S ledger page. For instance, if you
sell any cattle, credit the amount on
tue Cattle account; if the sale is for
cash. charge the amount on the Cash
account; If not for cash, charge the
amount on the account of whoever
You sell to.
credit yourself, hired man, or
work stock with whatever work is
uone, and charge the same against
Whatever crop or other account that
work is done for. (You may be as
'onished to see how much more time
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