EASY FARM ACCOUNTS 



Here is a Simple Farm Account Book 



You Can Use For Record Keeping. It Can Save 



Hours of Work and Worry Over Income Taxes 



AS that year-end trouble maker 

 thrown you for a loss again ' 

 We refer to the job every farmer 

 votes the meanest chore of the 

 year filling out the 1918 in- 

 come tax return. 



Its no tun at best. But at least if it's 

 tough it IS tolerable for the 25.000 Illi- 

 nois farmers who have been keeping 

 their accounts during the past year in 

 one of the new College of Agriculture 

 farm record books. 



These books were introduced last 

 spring to farmers in 58 northern Illinois 

 counties and will be introduced to -t.^ 

 southern counties this winter. 



They arc simple record books, with 

 pages to show income and outgo. All 

 entries are keyed to fit the farm income 

 tax form 10 lOF which makes up the last 

 pages ot the book. 



The book comes in two parts. Part 

 I is a record of receipts and expenses 

 Part II is a record of depreciation sched- 

 ules and inventories. Part II is a rec- 

 ord of depreciation of farm machinery 

 This part of the book is kept in use for 

 •.IX yc.irs. 



The income tax feature is the biggest 

 selling point for the new book. The 

 books are available at your Farm Bureau 

 office at a lOst of -I5 cents. They are 

 well worth the price, which just covers 

 the cost of printing. 



If you would like to look forward to 

 an easier time around the kitchen table 

 next year, we suggest that you look into 

 these record books. They can do a lot 

 to ease your income tax worries. 



Farmers who have used the book for 

 a year agree that it has four principal 

 uses. Since vou are almost forced into 

 the keeping of some kind of a financial 

 record, why not use a book that can 

 help in more than one way? Here are 



Its advantages; 



1. The book provides you with a sim- 

 plified and dependable record for filling 

 out your income tax form. 



2. It makes possible a continuous 

 study and application of basic farm 

 management. It helps answer such 

 questions as which pays more on my 

 farm, hogs or cattle.' 



^. It makes possible credit statements 

 If you know how much you are making, 

 you know how much you can borrow 

 safely. 



-1. It contains a depreciation sciiedule 

 and inventory tor your personal prop- 

 erty, including farm machinery. You 

 know how much you are worth — with- 

 out holding a farm sale. 



One of the big advantages of the 

 book is its feature of "business analv- 



hMH 



A leader training meeting on the Simplified 

 llllnol* farm Record Book, led by George 

 B. Whitman (left), state pro/ecf leader. It 

 held In the off/ces of the Champaign Coun- 

 ty Farm Bureau. Seated next to the black- 

 board It W. 8. Bunn, Champaign county 

 farm adviser. Others are vocational agri- 

 cultural students from the College of Agri- 

 culture at Urbana, 



sis". That is the ultra-practical feature 

 of the record book, and one no other 

 farm account book in the country has to 

 offer. It is a new approach to self-study 

 of the farm business. 



This business analysis is done by 

 means of a sheet or form which the 

 farmer fills out himself. He can then 

 compare his results with the "standards" 

 for his county. 



If his results are below average, he 

 can make a check-off of suggested im- 

 provements which should help him dur- 

 ing the next year. 



If your crop yields are below average, 

 as an example, you probably could not 

 check the "yes" column on the business 

 analysis sheet for all these cjuestions: 

 Do you treat seed for disease control' 

 Do you plow under all stalks and straw 

 not used for bedding.' Has all your 

 soil been tested.' Etc. 



The success of the book has been 

 widespread. It has reached more Illi 

 nois farmers than any other single ex 

 tension program. In its first year more 

 than 25,000 farmers used it for their 

 record keeping. Last fall 65,000 books 

 were printed for use in 19 '9. 



At the close of each year farmers who 

 use the book are invited to group meet 

 ings where farm advisers or trained 

 local leaders help them in a study of 

 their farm business, and also to givt 

 assistance in making out income tax re 

 ports. 



1 



1 WENTIETH in our series of picturcscjuc 

 ' and historical Illinois scenes is tiic famous 

 Saint-Ciaudens statue of Lincoln in Chi- 

 cago's Lincoln Park. At its unveiling, 

 Oct. 22. 1X87 by Abraham Lincoln, a grandson 

 of tiic president, it was widely acclaimed as the 

 nation's ideal and the greatest portrait statue of 

 Lincoln. 



It was the joint work of Sculptor Augustus 

 Saint Gaudcns and Architect Sanford White. 

 The statue was a gift to the city by Eli Bates, a 

 Lincoln admirer who left S40,0()() for its con- 

 structit)n. It is II l/i feet high and was ca.st in 

 bronze. A copy of it stands before Westmin- 

 ster Abbey in London. 





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I A. A. RECORD 



