922 



THE FARMERS HANDBOOK. 



It will thus be seen that such an account gives a brief history of the 

 owner's expenses in laying out his orchard; on the start of the third year, 

 capital outlay will probably cease, and a return may be forthcoming aftei 

 the fourth year. This, however, is best credited to a Fruit Account, and 

 becomes one of the gross profits for the year. The question of making 

 some small allowance for depreciation on such an orchard can only be left 

 to the owner's judgment and knowledge of local conditions. Renewals and 

 a gradual replacement of trees when needed can be charged as current 

 expenses. . s 



The Plant Book. 



Where the implements in use are of a mixed character and have varying 

 lengths of effective life, making a fixed depreciation is on the whole 

 undesirable, and a special plant book may be used with decided benefit. 

 This may be ruled according to circumstances and the insertion of other 

 particulars may add to its value. 



Name of 

 Implement ! Date of 



(and if necessary Purchase. 

 where procured). 



Cost. 



Probable 

 Life. 



Amount of 

 Depreciation. 



Value 



at end of 



1923.- 



4 furrow plough 

 Spring cart. . 

 Reaper and binder. 



25 % or £10 

 10 % or £3. 

 20 % or £24 



£ s. d. £ s. d. 



10 



21 18 o i) 



48 (Sold, £50) 



The addition of all these items will give the valuation of the plant for the 

 current year. Any period longer than six months may be taken as a year 

 and all under that time neglected. 



The plough may possibly have a nominal value at the end of the fourth 

 year, and this can be put down in the column, if desired. The price, £50, 

 for the binder will be credited to the Plant Account in the usual way, and it 

 thus drops out of the valuations for the year. 



Consignments Outwards. 



This term is used to express the consignment of goods, stock, &c, to be 

 sold on commission by an agent at a distance. In the majority of cases the 

 account sales and cheque are received within a week or two, and they may 

 well be treated as cash sales, the net return being journalised on receipt of 

 the remittance. Where, as in the case of orchardists, consignments are 

 being sent almost daily, and to different agents, it may be wise to enter them 

 as sent in a book ruled as under, so that none may be overlooked : — 





Goods 



Consigned. 



Consignee or 

 Agent. 



' Expenses 

 Prepaid 



AcCOUnt Salts. 



Dati 



Vet .Amount. 



+ Amount 

 Received. 



1921. 

 Feb. 6 

 ,, 10 

 „ 14 



30 boxes peaches 

 15 boxes grapes 

 l box i 



Jones 



Smith 

 Short delivered 



on f.tb. 



5 - 



1921. 

 Feb. 14 



„ 20 

 Mar. 15 



t; s. ii. 



7 5 



4 10 II 



4 9 



6 8. d. 



7 5 

 4 10 

 4 9 



1 short delivered 



Claim on 



Railway. 



See below. 



Pay from P( ttj I ash. 



t Enter in Journal, Bank Dr — To Ftuit. 



