Show accounting METHODS to assist those interested in cooperative stores to introduce satisfactory bookkeeping book kaping ngeth iw h the office of markets and rural organizations has just published by U S department of agriculture bulletin no A system of records and accounts for or cooperative stores this bulletin buletin does not purport to be a treatise rca tise on the principles of bookkeeping but merely outlines outline 6 a special system adapted to a cooperative business while pre pared primarily for cooperative stores the bulletin should be of interest and value to other reail ail merchandise stores desiring to 0 o improve their bookkeeping methods it is taken for granted that no corporation will ez engage in such a business without employing a competent bookkeeper the importance of a 1 proper system of accounts for such enterprises is indicated by the he following extracts from the th aul letin in a large percentage of business failures the cause can ae traced directly to defective defects ve methods of analyzing the business by means of carefully kept records no business can hope 0 succeed unless its condition is kept constantly before the management in the form of comparative statistics upon which future operations may bo be based aasel it is impossible to exaggerate the importance of selecting i proper system of accounts by system is meant not a a dis connected mass of notes and memoranda but a scientific analysis of the business nor should v value aue of standardization of ic be overlooked one of the ae greatest arguments in favo vois f adopting a uniform cyst system m of ic is to enable man managers a gers to draw comparisons compares ons between and other stores stores and OUI HOUI H cf zt ea 5 the only esac ail difference dif ferenc e cpr account accounting ng for compera tive ive and other ret retail tail stores lies n the fact fac 1 that the former are aie semipublic ins titu ions ons while the latter after are private enterprises in the lie cooperative store the work ng cap capital tal is co contributed b by y a arge e number of persons who are in filled to regular reports the rj siness ness is managed by a board f directors which requires constant information foi mation concerning the of the business the aw creating the association prescribes certain methods method of moreover the account ng for cooperative a associations s complicated by the fact that the he net earnings are usually distributed tri to patrons frequently 0 o both members and non mem mein aers in proportion to their heir t hases from the store 0 |