252 FARM ACCOUNTING 







3. That Silage account is charged with the market value 

 of the corn used. 



In order to show these facts on the books, it is necrs 

 to consider the corn used in the silo as passing through the 

 corn crib and being sold out to the silo, although, as a mat- 

 ter of fact, the corn does not take such a route to the silo. 

 This gives rise to the following series of entries, then, in 

 charging the Silage account with the material used. 



(a) Debit Corn account and credit the proper Field 

 account with the cost of producing all corn in the field as 

 described under "Operation of Field Accoun 



(b) Debit Silage account and credit Com account at 

 September market price with the quantity of corn used in 

 silage. This quantity can be estimated quite accurately 

 from the number of rows or area of corn used and the 

 average number of bushels per aere in that field, if any is 

 husked. 



These two entries (a) and (b) leave the Field account 

 in just the condition it would have been, had all the corn 

 been husked. It leaves the Corn account showing just the 

 same profit it would have shown, had all the corn been fed 

 or sold. This is the correct way to leave the Corn account, 

 for the corn used for silage should affect the corn in the 

 same way as does corn used for feed in any other form. 

 The only difference is that in the case of silage, the corn 

 is not husked nor placed in a crib. Nevertheless it should 

 receive full credit, as a crop, for all the corn raised on the 

 premises, regardless of its ultimate use. Also, the entries 

 named above provide for charging the Silage account with 

 the proper amount for the corn that enters into it. 



After making entries (a) and (b) as described above, 

 the Silage account stands debited with the value of the 

 corn at September market price. The account should he 

 charged also with the cost of filling the silo from the time 

 the corn is taken from the field. The cost of cutting the 



