BOOK-KEEPING.

ON account of the contracted size of the page, it has been found necessary to omit the forms of the journal and the leger, used by tradesmen, in recording their business transactions; as there is not sufficient space for the entries, together with the necessary columns for money, &c.

A method, however, of keeping accounts is given, in which only one book is used, which will be found well calculated for the purposes of farmers, mechanics, and others, whose business is not extensive, and is confined mainly to one set of customers.

Observe, that the two right hand columns are the Cr., and those on the left hand of them, the Dr. columns.

Either at the beginning or end of the book, or in a small separate book, an alphabet, containing the names of all the individuals with whom an account is opened, together with the folio, where that account is recorded, will be convenient for the purpose of reference.

The form given on the right hand page will show the manner of making entries. The method of balancing an account will be seen on the next page.

It sometimes happens, that errors are committed in making entries; that, one is made Dr. to an article when he should have been Cr. In such cases the error should not be rectified by an erasure, which defaces the appearance of the book; but, by crediting one party and debiting the other the amount of the error.

Care should be taken to set the figures in the money columns, properly under one another; which will facilitate the additions and prevent mistakes.

PROMISSORY NOTES.

For value received, I promise to pay Cyrus Vintner sixty dollars seventy-five cents, three months after date, with interest.

Albany, March 4, 1830.

JAMES STOCKTON.

Utica, April 18, 1832.

Six months after date, I promise, for value received, to pay Abraham Stewart, or bearer, thirty-five dollars, with GEORGE BANKHEAD.

interest.

66

Turnips

$1.25

1.00

.183

6.00

.56

12

4 days' Harvesting

To 12 bushels of Potatoes

20 cts.

By Balance of old acct.