THE BUSINESS OF POULTRY FARMING 335 



quired to finance the flock for a year, the poultryman can 

 plan in advance the work which is to bring in the money. 



A Simple Form of Accounts. A simple and satisfactory 

 way of keeping accounts is known as single entry. The 

 account book, or ledger, is ruled into two columns, one known 

 as the debit, and the other known as the credit column. 

 The sale of products, for which money is received, is entered 

 in the credit. All supplies purchased for which money is 

 paid out are entered in the debit column. Each of these 

 two columns should be added, and the difference between 

 their sums will show the amount of profit or loss. A modi- 

 fication of this method, in quite common use, is called the 

 column system. The debit and credit sides of the book 

 are again subdivided into columns; for example, incoming 

 money can be ruled off into spaces for money received for 

 eggs, for meat, and for live poultry. Outgoing money can 

 be separately entered under feed, labor, etc. On adding up 

 each side, the totals will tell at a glance in which branch 

 there has been the heaviest expenditure, and what product 

 has yielded the highest revenue. Such an account book 

 should be balanced at least once a month, and can be done 

 oftener if desired. The method is simple, but it shows the 

 poultry keeper at any time exactly how his flock is paying. 



THE COLUMN SYSTEM OF KEEPING ACCOUNTS 

 INCOMING MONEY OR PRODUCTS SOLD 



