250 



FARM ACCOUNTING 



ILLUSTRATION 52 

 FIELD AND CROP ACCOUNTS 



Field No. 5 



1917 



Apr. 1 Fertilizer $36.00 



May ISeed 5.10 



1918 



Feb. 28 Labor for year $51 . 90 , 



Feb. 28 Horee Labor 



for year 65.86 



Feb. 28 Int. on Invest. 



for year 175.00 



Feb. 28 Equip't Exp . . 10 . 00 



$343.86 



1918 



Mar. 1 Labor Invty.. $14.00 



Mar. 1 Horse Labor 



Invty 17.30 



Mar. 1 Fertilizer In- 

 ventory 27.00 



1917 



Nov. 30 1109 



to 



corn a/c at 



25. 7 cents.. $285.56 

 1918 



Feb. 28 Labor Invty.. $14.00 

 Feb. 28 Horse Labor 



Invty ....... 17.30 



Feb. 28 Fertilizer In- 



ventory ..... 27.00 



$343.86 



at the beginning of the year, make a total charge of $640.06, 

 which might be considered as the cost of making this year's 

 crop available for sale or for feeding from the crib. This 

 amount divided by the 1948.5 bushels harvested results in a 

 per bushel cost of 32.8 cents, to be used as a basis for figur- 

 ing profit per bushel if sold or fed from the crib. If sold 

 at the elevator the 32.8 cents would be increased by the per 

 bushel cost of hauling. The hauling cost is regularly 

 charged to Corn account through the labor and horse labor 

 records. 



