110 The Farmer's Business Handbook 



the author thus far, he knows that this statement 

 does not represent the real profit, for no account 

 whatever is taken of the labor of men and teams, 

 use of wagons, cans, pails, etc., or of use of 

 buildings and their depreciation ; neither was 

 there any inventory taken at the beginning or 

 end of the year. Then, too, this is commercial 



Noose of wire and rope, for holding a small bundle of hay while it 

 is being weighed 



dairying. The cows are bought, milked, fat- 

 tened and sold; hence this statement gives no 

 help to the dairyman who raises most of the 

 cows and the feeds consumed by them. 



POULTRY ACCOUNTS 



In a similar way accounts may be kept with 

 poultry when the plant is of such size as to 

 make it necessary to know whether the business 

 is being carried on at a profit or at a loss. Self- 



