FARM ACCOUNTS. (J9 



mill, it was assumed that as the sacks used in taking the 

 grain to the feed mill later were uniform in size, the weight 

 of the two grains would hold in the same proportion as above. 

 By reference to card 33 Feeding Statement it will be 

 seen that the animals ate 3286 pounds of ground feed. The 

 amount of each grain in the ground feed should now be 

 ascertained and the value in money computed. 470 plus 

 G72 gives 1142 pounds in a mixture of ground feed 4 '' 286 



1352 pounds of oats and ^~r- 1934 pounds of barley. 

 Debit Ground Feed with each separately and credit Oats 

 and Barley respectively, cards 3 and 10. 



Ground feed should have been debited and oats and barley 

 credited at the time the grain was taken to the mill to be 

 ground. A defect in the memoranda furnished has made it 

 necessary to handle it differently. The simplest and most 

 direct method of handling a transaction is the best. 



MAN LABOR. 



Having posted all the transactions and made all the rec- 

 ords from the January memoranda, you should next trans- 

 fer the facts from the auxiliary to the principal cards, or post 

 from the auxiliary cards. 



The Labor Record cards should be added from left to 

 right. The man worked 323^ hours. His labor is con- 

 sidered worth the prevailing rate $18 per month and board. 

 The board is considered worth $2.50 per week or $11.07 for 

 the month of 31 days. The man labor thus cost $29.07. 

 Dividing this by 323 j, the hours worked, the rate is found 

 to be $.0899. Multiplying this rate by the hours gives the 

 cost of each enterprise. The sum of these costs equal $29.07. 

 Debit each enterprise with its cost, Cards 5, 6, 7, 15, 4, 11, 

 19, 2, 9, 17. Credit F. C. Hibbard for labor performed 

 $18.00 and Food and Fuel for the board $11.07. 



'To boast of a virtue is to turn it into a vice. 1 



