EXERCISE No. 98 

 FARM ACCOUNT 



Object: To find the gain on a 160-acre farm. 



Material : The data from farm records. 



Method: Make regular debit and credit entries for the 

 farm transactions for a year. Make entries for all the 

 business transactions for the year. See Boss' Farm Man- 

 agement, Chapters 3 to 5. 



Conclusion: How much was gained or lost on the farm 

 during the year? 



147 



