448 THE ESSENTIALS OF AGRICULTURE 



for $200, what entries should be made and what accounts are affected? 

 If the farmer receives a note in payment for the horse, to what 

 account should the note go? 



4. Make out a cattle-ledger account for the following : On June 30 

 Mr. Jones has $2500 worth of cattle on hand; on July 15 he buys 

 10 head of steers for $400 ; on August 10 he buys 18 calves at $15 

 each ; on September i o he pays out $6 for veterinary service ; on 

 December 2 one of his steers, valued at $60, dies; on February 2 

 he sells 15 steers for $800 ; on March i he sells 12 calves for $175. 

 During the year he pays out for labor on his cattle, $100 ; for feed, 

 $1000; for taxes, $20; insurance, $15 ; interest, $60. One year from 

 June i his stock are worth $4100. Has he gained or lost, and how 

 much ? 



REFERENCES 



BAILEY, L. H. The State and the Farmer. The Macmillan Company. 



Boss, ANDREW. Farm Management. Lyons and Carnahan. 



CATO, MARCUS PORCIUS. Roman Farm Management. The Macmillan 

 Company. 



DOANE, D. H. Sheep Feeding and Farm Management. Ginn and Company. 



POWELL, GEORGE H. Cooperation in Agriculture. The Macmillan Com- 

 pany. 



SULLIVAN, J. W. Markets for People. The Macmillan Company. 



WARREN, G. F. Farm Management. The Macmillan Company. 



