INDEX 



423 



Improvements to land, 121, 122 

 Income, as a farmer, 271, 346 



equivalent expressions, 39, 42 



from capital, 271, 348 



from labor, 347 



from management, 348 



statistics of, 338-342 

 Individuals' profit, 197, 272, 273, 



346 



Inherited buildings, 123 

 Inherited land, 121, 123 

 Insurance, adjustment of loss, 

 178 



paid in advance, 266 



premium paid, 34 

 Interdepartmental transactions, 



385 



Interest, debits and credits, 27, 

 41, 45, 78, 79, 80, 160, 212, 

 299, 319 



buildings, 274 



deducted from note discounted, 

 119 



distinguished from rent, 275 



element of cost, 268 



equipment, 262, 276 



field account entries, 246 



land, 273 



livestock, 276 



on investment, 270, 279, 281, 

 298, 300, 326 



on mortgaged property, 275 



orchards, 182 



partner 's capital, 186 



pasture, 257 



rate of, 385, 401 



silo, 253 



working capital, 277 

 Interpretation, importance of, 

 335 



of Loss and Gain account, 346 



Inventories, crop, 136, 1 M, 

 147 



defined, 136 



depreciation a substitute for, 

 151 



effect on loss or gain, 135 



entries for, 136, 141 



household, 388 



livestock, 138, 147 



miscellaneous supplies, 145, 149 



pricing, 387 



recording, 139, 202 



taking, 139 



Inventory record illustrated, 142, 

 143, 144, 145 



relation to accounts, 140, 141 



under share rental, 193 

 Investment, 23, 29, 35 



Jones, John, illustrative problem, 



165 

 Journal, compound entry in, 93 



closing entries, 107, 108, 156 



entries illustrated, 87, 89 



posting procedure, 90 



posting references, 88 



sole book of original entry, 86 

 Junk, 178 



Labor, arbitrary distribution of, 



284, 285 



average acre per man, 376 

 contract crops, 180 

 cost includes board, 132 

 daily report of, 228 

 efficiency, 376 

 entries for, 132 

 extra, 210, 312 

 family, 133, 162, 313 

 handling, 373 

 statistics, 374, 377, 378 



