822 FARM ACCOUNTING 



be expressed as debits and credits: Debits to livestock: horses, 

 $O); cattle, $565; swine, $586.70; poultry, $26. Credits to 

 crop nnd feed accounts: corn, 300 bu. at 95c, $285; oats 720 hu. 

 MI K-, $:{45.60; hay 17 tons at $9, $153; wheat, 100 bu. at | 

 $i:); seed, 3 l / 2 bu. of corn sorted hut not planted, at SOc, $L'.HI ; 

 ttlage, sr> t.yis at $4.95, 1 $421.30; mill feed, $10, soy b<>:ms 

 loo bu. at $2.50, $250; field No. 6 (pasture), 3600 days at 5c, 

 HBO; by-products, 600 days at 5c, $30. 



The labor record for the year showed the following hours 

 spent on each farm element: Cattle, 730; horses, 510; swine, 

 460; poultry, 20; corn, 450; oats, 500, of which 190 hours were 

 worked by neighbors; wheat, 390, of which 180 hours were 

 worked by neighbors; soy beans, 330, of which 130 were worked 

 by neighbors; hay, 390, of which 70 hours were worked by 

 neighbors; silage, 400, of which 70 hours were worked by 

 neighbors; field No. 1, 360; field No. 2. 120; field No. 3, 150; 

 Held No. 4, 10; field No. 5, 320; field No. 5a. 24C -; ex- 



change labor (for neighbors), 620; household, 340; silo agency, 

 80; equipment expense, 140; general expense, 310; field No. 2- 

 1!17, ii(); field No. 4-1917, 80. 



The horse labor record for the year showed the following 

 hours spent on each farm element: Cattle, 100; swine, !<><); corn, 

 840; oats, :>HO, of which 130 hours were worked by nei-i 

 horses; wheat 320, of which 120 hours were worked by neigh- 

 bors' horses; soy beans, 420, of which 170 hours were worked 

 by neighbors' horses; hay, 330; silage. Jlu; field No. 1, 1000; 

 field No. 2, 320; field No. 3, 400; field No. 4, 10; field No. 5, 

 950; field No. 5a, 700; exchange labor (for neighbors), 400; 

 household, 300; silo agency, 30; equipment expense, 20; gen- 

 eral expense, 260; field No. 2-1917, 240; field No. 4-1917, 260. 



INSTRUCTIONS FOR CLOSING 



1. Make entries in the cash journal for all transactions up 

 to but exclusive of those for the feed record. 



1 Note that this is the quantity and value of silage on hand at the 

 beginning of the year, which, being shown at cost, amounted to 

 slightly more than $4.95 per ton. 



