FARM ACCOUNT I.\(; 



books and other articles not subject to immediate consump- 

 tion, that are chargeable to the Household at the time of 

 purchase. The house itself is not included in the inventory 

 of household property. It is considered as part of the 

 farm property, for which the household is charged with 

 rent or interest. 



It has been found by invcMigation l in 483 farm families 

 in ten states scattered through the east, smith and middle 

 west that the farm contributed to the household annually 

 products and utilities valued at the following average 

 amounts per family per year: f< 1.35, fuel $34.72, 



use of house (rent) $125.10, a total of $421.17 per family 

 or $01.97 per person. None of these items include articles 

 of food or fuel purchased away from the farm. 



Statistics obtained from the same 483 families show that 

 the average cost of board p'-r person was $14. G4 a month. 

 This means that hired labor costs more than the cash paid 

 for wages and that the household should be given < 

 for this additional amount represent ing board and lodging. 



Labor. As stated under the Hired Man's account, Labor 

 account is debited with the weekly or monthly wage as 

 soon as it is earned, the hired man being credited in an 

 account bearing his name. It is an expense of operation 

 as soon as the work is performed. It is not necessary to 

 wait until cash is paid before debiting Labor account. In 

 the case of irregular or transient help. Labor account is 

 debited only when the cash is paid. It is unnecessary to 

 keep personal accounts with hired help except those who 

 work for a season or more. 



Board of Laborers. Labor account is also debited with 

 the value of board and lodging contributed to the hired 

 help by the household. It is most convenient to make an 

 entry for such items at the close of eaeh month. 



The entry for labor performed by a hired man employed 



1 U. S. Department of Agriculture. Farmer 's Bulletin 635. 





