FAKM ACCOUNTS. 



241 



Expenditures" book. Whether one or more books are 

 used, the pages should be regularly numbered, and 

 when an account is carried forward the number of 

 the page from which it is brought should be written 

 at the top of the new page, and the number of the 

 page to which it is carried should be written at the bot- 

 tom of the page from which it is taken. 



Grain crops. When but a single grain crop is raised, 

 but one account need be opened for any one year. 

 When more than one crop is raised, a different account 

 should be opened for each crop. The same book may be 

 used, with separate accounts opened on different pages. 

 The following will indicate the account with wheat : 



1912 



Dr. 



Cr. 



To man and team, 10 days plowing, IS acres 



Preparing land, 5 days 



20 bushels seed wheat at $1.50 



3 days drilling 



6 men and 2 days cutting 



Threshing 400 bushels 



10 men, threshing, 1 day 



Hauling wheat to market 



Received for 300 bushels 



Sold 100 bushels for seed at $150.00 



Totals 

 Profit 



30.00 



15.00 



30.00 



6.00 



15.00 



16.00 



15.00 



5.00 



SI 32. 00 



$300.00 

 150.00 



$450.00 

 $318.00 



Note. — The account with corn, oats, fruit, dairy, haj', poultry, 

 and everj' kind of stock or produce may be kept in exactly the 

 same way. The profit, of course, ought to exceed the sum of 

 the interest on the investment in land, teams, and machinery, the 

 cost of the labor, fertilizers, etc., and the deterioration in values. 



872. Itemize the cost of producing 20 acres of wheat, 

 giving all details as performed in your section from plow- 

 ing to marketing. If the yield is 22 bushels an acre, what 

 is the profit if the wheat brings $1.04 a bushel? 



