CREAMERY BOOKKEEPING 



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Form XXXVIII is a general form which may be used for the 

 entire stock in the various departments while Form XXXIX is a 

 department inventory record; the latter containing a record of 

 the manufactured product as well as of milk and cream handled 

 for the manufacture of ice cream. 



The inventory recorded as last item on Form XXXVIII is the 

 inventory taken of the goods in the stock room. If this in- 

 ventory does not tally with the theoretical inventory then there 

 is a gain or a loss in the stock on hand and such gain or loss is 

 recorded on report. 



E. PROFIT AND LOSS 

 I. Monthly Report. — The creamery business is of such a 

 nature that it is diflScult to estimate profit or loss daily; the 

 prices .are changeable, so is the margin of profit, operating ex- 

 penses, losses, etc. Therefore a complete report of profit or loss 

 should be available monthly. Larger plants are even known to 

 estimate the profit or loss for the month at the beginning of the 

 month. This estimate is then at the close of the month checked 

 against the monthly report. An estimate is readily prepared of 



