COMPLETE SET OF COST ACCOUNTS 498 



Make a list of losses and gains. Find the net loss or gain, and 

 compare with the loss or gain as shown by the two inventories. 



Study each account and the business as a whole, in order to see 

 how to improve it. 



302. Accounts on tenant farms. Ordinarily the ten- 

 ant is the only one who cares to keep cost accounts on a 

 rented farm. A tenant charges each crop or kind of ani- 

 mal with what they cost him and credits them with what 

 they return to him. 



Occasionally there is a condition where the cost for both 

 parties is desired. The most convenient way is then to 

 have four columns on each page and put landlords' costs 

 in one set of columns and tenants' in the other. 



REFERENCES 



Laboratory Exercises in Farm Management, Warren and 

 Livermore, pp. 72-136. 



Farm Bookkeeping, U. S. Dept. Agr., Farmers' Bulletin 511. 



Farm Accounts, J. A. Vye. 



Cost of Producing Farm Products, Minnesota, Bulletin 97, or 

 U. S. Dept. Agr., Bureau of Statistics, Bulletin 48. 



Cost of Producing Minnesota Farm Products, Minnesota, Bulle- 

 tin 117, or U. S. Dept. Agr., Bureau of Statistics, Bulletin 73. 



Cost of Producing Minnesota Dairy Products, Minnesota, 

 Bulletin 124, or U. S. Dept. Agr., Bureau of Statistics, 

 Bulletin 88. 



