Chapter XV 



The Poultry Account 



DOES poultry pay? Very few are able to answer in the 

 affirmative, or at least answer the question "How much 

 does it pay ?" because no record is kept and no balance struck 

 at the end of the year. A poultry account book will help 

 answer the question. The method here proposed requires an 

 inventory at the beginning of the year and at the beginning of 

 each quarterly period thereafter, viz., January 1, April 1, July 

 1, and October 1. A summary is also required at the end of 

 each quarter, also an annual summary at the end of the year. 

 The latter will show just what the poultry business has done 

 during the year, and the quarterly summary will show the 

 profit or loss during the preceding quarter. 



Schedules 



The schedules outlined in this chapter can be copied into a 

 book of convenient size, and the system can be used as success- 

 fully as if a book with printed forms were available. They are 

 based on the requirements of the income tax schedule and 

 cover the following topics : Inventories, Income, Expenses, 

 Quarterly Summary, Annual Summary, Daily Egg Record, 

 Incubation Record, Losses, and Orders. 



Inventory 



At the beginning of each quarter a count should be made 

 of all stock and products on hand. The number and quantity 

 of each should be entered in the proper column as shown in 

 Schedule No. 1. In determining the amount to be used in the 

 "value" column it is advised to use the average market value 

 of stock in the preceding year. If an inflated value is used, 

 and losses occur during the quarter or year, then the summary 

 will make a false showing. Under present, 1921, conditions 

 the following prices seem fair and safe; $1.50 each for cocks 

 and cockerels ; $1 for hens and pullets ; $5 for toms ; $3 for 

 turkey hens ; $1 for ducks ; $4 for geese ; and 50 cents each for 



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