Some Practical Aspects of Cooperatives

Contents: I. Special Application of Financial Statements to Cooperatives (Management – Investors or Stockholders – Government-Tax Purposes – Creditors) --- II. Capital Structure of Cooperatives (Equities – Shares-Common and Preferred – Retains for Share Purchase – Shares-Revolving – Membership Certificates – Certificates of Indebtedness) --- III. Credit Policy (Cash Basis – Credit Up to Amount of Patrons Interest in Co-op – Managers Reserve) --- IV. Pools (Marketing Agreement – Advances – Inventories – Equities in Pools – Charges and Credits) --- V. Patronage Refunds (By Departments – By Business as a Whole) --- VI. Retains (Debt Repayment) --- Bibliography --- Appendix: Suggested Statement Forms for Cooperatives (Balance Sheet – Operating – Pool Operations – Simplified Forms for Members).