| OCR Text |
Show receipts should include such items as: money received for labor for others either -with your teams, wagons, plows, etc., or single handed, any cash rent you might have received to date for land rented out, machinery, or for the pasturing of your neighbors cows in your pasture, etc., and all other farm receipts which are not entered a previous page of your account book. EXPENSES AH farm expenses incurred since January 1st 1916, for which cash was paid, should be entered on pages 19 to 29 inclusive. Do not enter here, household or personal expenses, such as expenses ex-penses for clothing, groceries, pleasures or the like, but enter all farm expenses giving the date paid, the item of expense, and the total amount of expense in blanks provided. Labor expenses should be entered en-tered on page 19 and should include in-clude the amount paid for all hired labor since January 1st, 1916. Some labor may have been hired for plowing, harrowing, harrow-ing, planting, or general spring work; some may have been hired for harvesting your first crop of alfalfa; no matter what the labor was hired for, it should be itemized giving date paid and amount of expenses. The cat tie men will perhaps have some extra help for feeding, marking, branding, herding cattle, etc. ; while the sheep, men will have the labor expense of feeding, herding, lambing, shearing, etc. Whatever the labor for which the expense was incurred it should be itemized and entered on page 19 of your account book. The expences since January 1st. 1916, for all new machinery, blacksmiths bills, hardware bill, and horseshoeing should be itemized item-ized and entered on page 20 of your book. The expences for new fences, repair of fences, new drains, repair of drains, new buildings, and repair of buildings, should be entered on page 21. These items are very important as they constitute a considerable part of the farm expenses for the first six months of every year. Food bought since January 1st, 1916 should be entered on page 22. This item in many cases is very high this spring and ought to be accounted for iri detail. It should include the amount of hay, grain, straw, pulp, syrup, pasture, etc., bought and paid for since January 1st with the date of purchase and the tolal amount paid out for each kind of feed. On page 23 you will notice that there are listed the following items of expense which are to be entered there: Food grinding, silo filling, corn shredding, twine bought, threshing bill, baling hay, and all other machine mac-hine work hired, such as drilling grain, sugar beets, etc. Of these items named those that no doubt have already occured on , your farm this spring and should be in your books are: Feed grinding, baling hay and all other oth-er machine work hired. The other items of expense should be . entered a.-; they are paid later on in the year, i Breeding fees paid out for , breeding mares, cows, sows, ewes, etc., veternary expenses . for horse medicine, personal services ser-vices of veternarian etc., Spray . material, i. c, arsenate of lead . for trees, or spray materials for , sugar beets, alfalfa, chickencoops hog pens, etc. ; Fertilizer, i. e. ' manure bought, commercial fer-: fer-: tilizer, etc. .bought; all these , items should be entered on page . 24. Seeds and nursery stock bought . should be entered on page 25 giving giv-ing the date, item and amount in dollars and cents in purchase, i Seed is a very important item i of expense on most farms. Each i spring because of the variety purchased. Some of the more i common seeds bought are: Sug-' Sug-' ar beet seed, potato seed, wheat i seed, oat seed, barley seed, al falfa seed, clover seed, timothy seed, etc. All expenses for these and other unmentioned seed and all nursery stock bought since January 1st, should be entered en-tered on page 25. In case you raise your own seed and do not buy it then do not enter it in here as a farm expense. Your insurance on buildings, crops, livestock, etc; Taxes, cash rent, pasture bill, forest reserve re-serve fees and livestock association associa-tion fees should be entered on page 26. If your charge for insurance in-surance covers more than one year, enter only the amount that should be figured for one year. Be sure and itemize these expenses carefully and where-ever where-ever possible give the date of payment. Stock Bought is a very important import-ant item of expense on most of your farms and is one of which detailed record should be made on page 27. Give date, stock was purchased and where possible, possi-ble, under "Item" give a description des-cription of animals, their names, etc., where only a few are bought. Always give the number num-ber bought and average price paid per head where they are bought by flocks or herds. The most important part of a record of this kind however, is always the total number bought and the dollars expended. Miscellaneous Expenses should include all Farm expenses which are not taken into special account ac-count in the pages of your record book previous to pages 28 and 29, where all miscellaneous items should be entered. Your County Agricultural Agent will be pleased to assist you with any part of your Farm Accounts which you do not understand. un-derstand. He will take much pleasure in assisting you, when you need him to enter your farm receipts, and your farm expenses in your account book so that you will be enabled to study your Farm as a business. You farmers should get to-i gether in groups and ask him over to explain your accounts to you, and to explain to you how to keep this simple and effective record of your farm business and you will see that he will respond to your call most heartily. Farmers Keep Your Accounts By E. B. Brossard State Farm ManaKement Demonstration Dem-onstration Agent. Take 30 -minutes one night ?ach week for your accounts, iinter into your Account Books n the places provided all farm receipts and farm Expenses that have occurred in your farm business busi-ness transactions since January 1st, 1916. RECEIPTS. There are in the books provided, provid-ed, by your County Agricultural Agent, pages on which should be entered all Receipts from sales of farm crops such as hay, itraw, wheat, oats, barley, etc. sold since January 1st, 1916. All receipts from Crops should be entered on page 9 of your farm account book. Receipts from the Sales and Trades of live-stock since January Jan-uary 1, 1916, should be entered on page 10 of this book. Where a horse or a cow etc., is traded it should be credited here in livestock live-stock sales and trades, the amount received being the value which you place upon the horse or cow. The animal being received re-ceived in exchange for this horse or cow should be entered as horse or cow purchased and should be charged as a farm expense ex-pense under stock bought on page 27 of your account bood. On page 11, enter all receipts from sale of Dairy Products since January 1, 1916. This of course, will include your milk checks from the creamery for the respective months of January, Jan-uary, Febuary, March, April, May, and June, and each month hereafter until January 1st, 1917, as well as all sales of butter to the store, milk to private families, fami-lies, cream to confectioners, etc. All butter taken to the store and traded for groceries and home provisions shoulc. be credited here as- cash sales. Pages 12 and 16 inclusive are provided for the entering of all receipts from the sale of eggs. Spaces are arranged for the entering en-tering of the date of sala. No. dozen sold, price per dozen received re-ceived for the same, and total amount received. All eg(rs traded for groceries should be entered here as cash sale. If you have not kept an accurate account of egg sale up to the present time, estimate the amount am-ount sold to date since January 1st, and enter into the book the daily or weekly sales hereafte-. All farm crops, live-stock, dairy products, eggs, etc., paid in as tithing or to other charities should be credited to the farm as cash sales. All Miscelleneous receipts should be entered on page 17 of this account book. Miscellaneous |
