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Show I! BUSINESS METHODS FOR THE FARMER. BB "Successful Faruniig," published at' Des BB Moines, Iowa, Is layiug. stress on a phase of BB farming that should recclvo moro general con- BkY slderatlon the financial side. It is an un- BKr qualified truth that the farmer has less genuine BSj business acumen than most of his race, and as Bsl a result he Is a loser. Ue has no system, no BMf method of keeping track of Income and expend. Br itures, and except lii,a general way he Is un- BK' aware of his exact financial status. Ills Is u BW? haphazzard, unsjsteraatlc way of doing things Bjv and necessarily there arc leaks that place him BJf at a constant disadvantage, though thatdls- S advantage may not always bo so great as to , cause him Inconvenience. There are farmers who keep systematic accounts, of courseand , these may be noted by tho sjstem manifest In BJjf their farm work and the general success of BJ their efforts, but unfortunately this class of BJ farmers Is not large. BJ j Thedllllculty Is not that the farmer falls BJr to sense the advisability of keeping books, but BJ ? that he has little knowledge of how to go about BJ& It bo that It will not consume all his llmo and BJa become the hardest labor of his farm work. BJ. "Successful Farming" is now running a scries BJ-f of articles from the pen of Prof. J. A. Bexell, BJ financial secretary and director of commerce at BJl - ' the Agricultural College of Utah, in which he BmkiriBk presents a slmpln yet comprehensive method of bookkeeping for tho farm. I'ro.'esior ilexell emphasizes the lniponanco of bookkeeping and glvcs'dlagrams and explanations calculated to make the work easy. He recommends tiic "Day-Hook" us the most-csscntlal, then a bill and lecclpt Hie. Ho suggests that "the day book should contain any memoranda which might piove valuable and Interesting for fu-turo fu-turo relerunce." This book could bo kept In proper shape with but five minutes work each ' evening and a lead pencil would answer satisfactorily. satis-factorily. When time afforded these accounts and items could be easily classified and jotted with Ink In a special ledger. Professor Bexell recommends that. the lirst entry In the day book should be an Inventory a statement of w hut Is owned and what is owed. On the same day of the following year another Inventory would give the profit or loss of the year, lief crence to tho ledger would show where the profit or loss had come in. Reference In the day book or ledger would also give accurate Information In-formation in regard to any transaction, with a certainty of date, providing this last essential feature had not been neglected. "Successful Farming," and Its readers are very fortunuto in securing articles from Professor Pro-fessor Ilexell, as he has given special study to the application of business methods to the farmer's life Farm journals of the Inter-mountain Inter-mountain country might devote space to such articles to distinct advantage of the farmer. |