| Show HARMERS FARMERS SHOULD libl KP V RECORDS the time la Is here again for making up tile annual auie lor the tda lau eral income tax and as usual hobt farmers are unable to lo haiie the coi rott met returns because they do not keup keep looks books Is it not true that more money is invested in the earming and ana ranching industry luau atry in the united tales toddy today than auy any other busness business enterprise and is it not also true that a majority ot of farmers keep no rinord or a very poor one or ol their crop conditions livestock inert se etel etc unless he does how bow can he know at the end or ol the season which crop paid him best which kind ot of is the most profitable aliv 11 piece or ol land earns the mob modi MICA which kind of 01 grams grains seeds etc is 13 alle best to sow it is utterly im pOSS LuLe ine lor one to keep nil ail this in irom one year to the next just tham of 01 a company having thirty or dollars invested in a and trying to keep all the ie lucoius orus in their irom from vear to year it a utterly impossible why they must know what percent profit this or that product has made lucide anem what per cent this or that article has cost what Ls IS the per cent ot of doing business on each article and as a whole these points a number of bust busi nebs houses bouses as well as farmers tail lail clown bup uj posing losing an article has cost the dealer 10 wholesale and he be figures that 76 cents Is a good profit on it or even a dollar bow there is his soiling selling expense oi 01 10 per cent at least where has he be made one red lent centy lie has not made anything but lost on 60 the deal and so a good many farmers are doing the very same thing right today the i lie farmer who keeps no record does doea not know what a certain nelc las fias cost to plow harrow har roi drill irrigate barnest and sell the product since he dois docs n not ot enow know how CAU can he expect to turn these goods gooda at a profit it Is true that prices ure are is a rule the same la in one part of t tho 0 country as another but if the clop biou is costing more to raise than it brings what on earth is a lellow growing it tor for we are not in tie utis maess tor for our health and had bet bat ter try some other crop to see it if ao A a cannot get out ahead ol of the ganie game supposing a man a field of peas he wanted to teed out on the ground and know the kind ot or to teed it if he had ilia his records ot or the past five or eight epars lie he could readily see which malch paid better under conditions ver very near tile the same farmers is not this ahls knowledge worth anything to you I 1 suppose that at least four out ot of five some time in their lives havo have started a set of books for their farmers bi lit haqq gotten a too complicated set to start with therefore have thrown the arole thing up in despair thinking that it would take them a long time each day to keep their records it will not require over two to five minutes each day to keep the entire record of an average farm of acres acrea under cultivation and this time will never be missed at the end of the year and you will nave have something that will be worth money next year on machinery and all goods that will depreciate in value irom from year to ear a certain per cent should be char charl chari I off so that at the end of the life of the article it will not stand as an asset on the books this to Is very necessary it will run differently as some things depreciate in value faster than others machinery will nill deteriorate 10 to 16 15 per cent a a year the time is not tar far distant when everybody will have to keep records and no doubt will make more morel bonev than are doing today 8 E C |
