328 PRACTICAL POULTRY PRODUCTION 



YEARLY INVENTORY 

 INVENTORY JANUARY I. 



Stock: No. of cocks , Value, $ ;No. of hens 



Value, $ ; No. of pullets , Value, $ ; No. of 



Cockerels , Value, $ ; Total value of stock, $ 



Equipment ; Value of poultry houses, $ ; Value of 



Feed hoppers; $ Value of drinking vessels, $ 



Value of brood coops, $ ; Value of poultry fences, $ 



No. of incubators ; Make 



Value, $ ; No. of brooders ; Make 



Value, $ ; Value of grain on hand, $ 



Total value of equipment, $ 



Explanation. The inventory should be taken in order 

 to determine the value of stock and equipment on hand and 

 to assist in making up a yearly balance sheet, which follows. 

 It should contain a summary and total both of the number 

 and value of all fowls and such equipment as one may pos- 

 sess. Ordinarily, unless improvements are made on equip- 

 ment such as poultry houses, hoppers, etc., 10% of the value 

 of the equipment should be deducted from the total value 

 for depreciation. Judgment should be used in each case 

 when buildings are repaired or when new equipment has 

 been purchased. In some cases repaired buildings or build- 

 ings that have been painted are of greater value than they 

 were formerly, so that this fact should be taken into con- 

 sideration when making an inventory. 



The time to take the inventory need not necessarily be 

 January 1. Some other time may be chosen, if found 

 more desirable, to meet individual needs and conditions. 

 Many poultrymen regard October 1 or November 1 more 

 suitable as representing the beginning of the poultry year, 

 and consequently take their inventory at that time. 



