446 



THE ESSENTIALS OF AGRICULTURE 



TABLE III. Hog account, showing the most convenient form of ledger 

 page ; the correct method of opening the account, entering the items, and 

 closing the account for the year. (Note the position of inventories at the 

 beginning and close of year; also that the account is opened again for 

 another year.) 



HOGS 



Month 



Month 



This year's hog business showed a profit of $335.28. A simi- 

 lar account with cattle, corn' -or cotton, and the other principal 

 sources of income will show from what sources the profits of 

 the year came, and, of greater importance, they will show what 

 parts, if any, of the farm business lost money. Locating the 

 leak is the first step toward stopping it. 



