284 FARM BOOKKEEPING 



Specimen of Labor Account 



191 2 George W. Smith Cr. Dr. 

 March 15. Began work at $30 per month. 



April 1. To cash $10.00 



April 30. To cash 30.00 



May 31. To cash 35-0O 



May 31. By 2j4 months' work $75 -oo $75.00 



A yearly labor account may be kept in precisely the 

 same way. 



Illustration of Poultry Account 



1913 DEBIT 



Interest on investment of $800 $ 40 



Cost of feeding 1,000 chickens 350 



Value of labor 150 



Cost of maintenance 50 



Miscellaneous 25 



$ 615 



CREDIT 



3,000 dozen eggs $ 600 



1 ,000 broilers 300 



Other poultry 250 



Value of fertilizer 100 



$1,250 

 Expense $ 615 



Net profit $ 635 



In illustrating a simple method of account keeping it 

 does not matter whether these figures are too high or too 

 low. The main items to be put down in the debit and 

 credit columns are shown, but the account can be changed 

 as experience demands. It is safe to say that a well- 

 managed poultry plant of this kind will pay more than 

 $635 net. 



