FARM
ACCOUNT BOOK

630.4
C212
P 5122
1979
c.3

Agriculture
Canada

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FARM
ACCOUNT BOOK

FARM ACCOUNT BOOK

Prepared by the Atlantic Agricultural Economics
Committee, and originally published under the title,
** Atlantic Farm Account Book.

Available from

Information Services, Agriculture Canada, Ottawa K1 A 0C7

© Minister of Supply and Services Canada 1979
ISBN: 0-662-10642-3 Cat. No. A22-91/1979
Printed 1979

TABLE OF CONTENTS

Introduction 3 - 6

PARTI

Inventory and Depreciation Schedules 7-14

Farm Income 1 5 - 29

Farm Expenses 30-67

Farm Records 68-75

Farm Balance Sheet 76

Farm Income Statement 77

Farm Business Analysis 78

PART II

Livestock Enterprise 79

Map of Farm 80

Crop Record 81

Farm Produce Used in Home 82-83

Unpaid Family Labor 82

Value of Board of Hired Help 83

Farm Budget 84-85

Supplementary Notes 86

Income Tax Statements 87-88

INTRODUCTION

Good office procedure and an organized bookkeeping system can pay
big dividends, not only in monetary terms, but also in terms of satisfaction.

The following are some steps to follow:
GENERAL

1. Set up a CURRENT ACCOUNT with your banker and obtain a
DEPOSIT BOOK.

2. Pay as many of your bills as possible by CHEQUE.

3. Get slips for any CASH transactions.

INCOME

1. DEPOSIT all income in the CURRENT ACCOUNT in the SAME
FORM and AMOUNT in which it was received.

2. PLACE all farm receipts in a holding file (envelope, spike, or reg-
ular file) for recording. CHECK all receipts with supporting vouchers for
accuracy.

3. INCOME can be recorded in the record book from the deposit
book or from the vouchers.

4. ONCE recording has been completed, FILE all receipts in order of
date. Separate files can be kept for major accounts, product types or enter-
prises.

EXPENSES

1. PLACE all farm bills in a holding file (envelope, spike, or regular
file) for payment and recording.

2. As each CHEQUE is written, it should be numbered in SEQUENT-
IAL ORDER and details of payment including PAYEE, PURPOSE, and
DOLLAR AMOUNT be recorded on the CHEQUE STUB.

3. As each cheque is WRITTEN, or at another appropriate time, the
DETAILS should be RECORDED in the record book.

4. The bills paid by cheque should then be FILED in order of date
along with supporting vouchers. Separate files may be kept for major bills,
type of expenses or enterprises.

5. BILLS which have been paid by CASH should be RECORDED in
the book and FILED as above.

6. RECONCILE the BANK STATEMENT each month to ensure no
mistakes were made by you or the bank in relation to the transactions.

7. Each MONTH enter in the record book all PAYMENTS, EX-
PENSES, ITEMS or INCOME which appear on the BANK STATEMENT
but are not recorded on the cheque stubs or deposit book (interest, service
charges, loan payments).

8. FILE all BANK STATEMENTS in order of date.

PERSONAL

1. WRITE yourself a cheque for money to be used for PERSONAL
USE.

2. If PERSONAL CASH is used to pay FARM BILLS, REIMBURSE
yourself with a cheque.

NON-FINANCIAL

1. As all NON-FINANCIAL CORRESPONDENCE PAPERS come in
put them in separate FILES for future reference.

2. If future reference is required, PLACE in permanent fding system.

3. When NO future reference is required, place in WASTE PAPER
BASKET.

OFFICE HINTS

A few steps taken before making the first entry in this book will go a
long way towards making the collection and organization of information
much easier. These steps involve the organization of an office for the farm
business.

The office need not be elaborate, or fancy. However, a small area set
aside for this purpose will make record keeping faster and easier. The office
should be quiet, comfortable and well lit. Following is a list of office equip-
ment which might be useful:

Desk and two chairs

Telephone and telephone index

Adding Machine

Typewriter

Filing Cabinet and File Folders

Bookshelves

Correspondence Trays - one for financial data, and one

for all other information

Large Wastebasket
Stapler

Pencil Sharpener

USING THIS BOOK

The purpose of this book is to assist the farmer in keeping orderly
records of farm transactions. It is basically divided in two parts. Part 1 in-
cludes all the financial records. Part 1 1 covers a series of records which are
not strictly financial, but which will provide information which will assist in
evaluating and planning various farm programs.

This book accomodates a twelve-month accounting period. This ac-
counting period can start at any time, but it should remain constant from
year to year. The calendar year is often chosen for farm businesses because
it allows for evaluation of the year's record before the spring planting time.

The first task, at the beginning of the accounting period, is to take an
inventory of all farm assets. This information should be recorded on pages 9
to 14. Two other sections of this book should be filled out on the first day.
One of these is the farm plan on page 80. A picture of the farm, outlining
the various fields, should be drawn, with each field numbered. Future crop-
ping plans should be outlined. The last section needing attention on the first
day is the one dealing with accounts payable and accounts receivable, on
pages 69 to 75. Detailed instructions are found on page 68.

During the year, receipts will be entered on pages 16 to 29. Expenses
will be recorded on pages 30 to 67. These entries should be made as soon as
possible after something is bought or sold.

INVENTORIES

Accurate records of inventories are an important part of farm accounting. The quantities and values of
farm assets should be recorded as carefully as possible, at the beginning of the accounting period.

The land inventory will be treated as outlined below. The value should be cost, if recently purchased,
or else fair market value, if cost is not realistic. If the value is to be increased, this should be done between
accounting periods. Land sold during the year will not be entered on ending inventory.

LAND:

Beginning Inventory

Land Sales

Ending Inventory

1

2

3

4

5

6

7

8

9

10

11

Farms or Parcels

Year
Acq.

No.

of

Hectare

Value

per
Hectare

Total
Value

No.

of

Hectare

Value

per

Hectare

Total
Value

No.

of

Hectare

Value

per

Hectare

Total
Value

HOME FA R M

1962

60

250

/$, ooo

(aO

zso

IS, OOD

OLD sm/r// PLAcf

197/

zo

190

3,8 '00

ZO

zto

Siooo

—

—

For inventory purposes, buildings and machinery are treated identically, except that rates of depreciat-
ion are different. Depreciation is simply a recognition of the fact that capital items (buildings, equipment,
machinery) wear out over a period of time, and become obsolete. Because of this, a certain part of that
purchase price is allowed each year as a depreciation expense. The percentages which are used here are the
maximum amounts allowed for tax purposes for straight line depreciation.

The example below outlines how to enter the purchase of a new tractor, and the trade-in of an old one.
The list price of the new one is $7,000.00, the trade-in allowance $3,000.00, and the difference paid is
$4,000.00.

MACHINERY:

1

2

3

4

5

6 7

8

Year
Acq.

Purchase
Price

Beg. Inv.
Value

Capital
Sales

Depreciation

End. Inv.

Item

Rate

Amount

Value

Transportation and Power

^? 30 KW. TKACTOK

/??/

¥tfOO

/92.0

3000

15

■

liftoff

15

15

Machinery Purchases

XXX

aoP^r^ 3<o K.ti. T FACTOR

;?7f

7000

XXX

/r

/osv

S-?fo

XXX

vr

XXX

Livestock and supplies will not be depreciated. Like land, the value per head of livestock should be the
same on ending inventory as it was on the beginning inventory. This value should be the lowest of either
cost or fair market value.

LAND:

Beginning Inventory

Land Sales

Ending Inventory

1

2

3

4

5

6

7

8

9

10

11

Farms or Parcels

Year
Acq.

No.

of

Hectare

Value

per

Hectare

Total
Value

No.

of

Hectare

Value

per

Hectare

Total
Value

No.
of

Hectare

Value
per

Hectare

Total
Value

Cultivated Land

Pasture

Woodlot

Land Improvements

Land Purchases & Improvements

XXX

XXX

XXX

XXX

XXX

XXX

XXX

XXX

XXX

XXX

XXX

XXX

XXX

XXX

XXX

XXX

XXX

XXX

TOTALS

10
BUILDINGS:

1

2

3

4

5

6 7

8

Year
Acq.

Purchase
Price

Beg. Inv.
Value

Capital
Sales

Depreciation

End. Inv.
Value

Description

Rate

Amount

House

Barn

Barn

Barn

Silo

Machinery Shed

Other

Building Purchases

XXX

XXX

XXX

XXX

XXX

XXX

XXX

XXX

XXX

XXX

XXX

TOTALS

XXX

XXX

XXX

^____

11

MACHINERY:

1

2

3

4

5

6 7

8

Year
Acq.

Purchase
Price

Beg. Inv.
Value

Capital
Sales

Depreciation

End. Inv.

Item

Rate

Amount

Value

Transportation and Power

Tillage and Seeding

Haying and Harvesting

Livestock Equipment

TOTALS (carry forward to page 12)

XXX

XXX

XXX

12
MACHINERY (cont'd)

1

2

3

4

5

6 7

8

Year
Acq.

Purchase
Price

Beg. Inv.
Value

Capital
Sales

Depreciation

End. Inv.

Item

Rate

Amount

Value

Totals from previous page

Miscellaneous

Machinery Purchases

XXX

XXX

XXX

XXX

XXX

XXX

XXX

XXX

XXX

XXX

XXX

XXX

XXX

TOTALS

XXX

XXX

XXX

13

LIVESTOCK

Beginning Inventory

Ending Inventory

1

2

3

4

5

6

Class of Livestock or Poultry

No.

of

Head

Average
Value

Total
Value

No.

of

Head

Average
Value

Total
Value

Bulls

Cows

Heifers

Steers

Calves

Boars

Sows

Gilts

Feeder Hogs

Nursing Pigs

Rams

Ewes

Lambs

Poultry

Other:

TOTALS

XXX

XXX

XXX

XXX

Change in Inventory ( 6 - 3 )

14

SUPPLIES:

Item

Beginning

Ending

1

2

3

4

Quantity

Value

Quantity

Value

Grain

Prepared Feeds

Hay

Silage

Fertilizer

Potatoes

Cash Crops

Other:

TOTALS

XXX

XXX

Change in Supplies Inventory (4 - 2)

SUMMARY OF FARM INVENTORIES

Items
From
Page

Beginning
of Year
$

End of
Year

s

1. Land

2. Buildings

3. Machinery

4. Livestock

5. Feed and Supplies

7

8

10

11

12

6. Total Inventories

XXX

Average Inventroy @

7.

Beginning + Ending — 2
= S

15

FARM RECEIPTS and EXPENSES

Receipts and expenses will be recorded throughout the year as they occur. It is easier to make these
entries when the details are fresh in your mind than to attempt to do so at infrequent intervals. An
example of some entries in the receipt section is shown below, as well as sample expense entires. The
headings can be changed to fit your particular farm.

FARM RECEIPTS

DATE

ITEMS AND DESCRIPTION

Enter all receipts as they occur. It will be sufficient to
record receipts in one amount for items such as milk and
egg sales where statements and cheques are received week-
ly or monthly. Enter the Gross amount stated. Deduct-
ions from the gross sum such as haulage, rental of cans,
feed purchases, etc. should be recorded in the appropriate
column in the Expenses Section.

Physical
Units

of
Items
Sold

1

TOTAL VALUE

Enter the

dollars and

cents figures

in this
column and
then in one
of the other

columns
according to
the kind of
receipt.

2

CATTLE

SOLD

3
HOGS SOLD

4

POULTRY AND
EGGS SOLD

No.

Unit

S

i

S

i

$

i

$

i

Ja/i.Z

Sold 3 Ho3s

3

u

2.3.0

oo

2.3.0

OO

7

Sofd (2- do2.. eggs

n

doz.

9

oo

9

oo

FARM EXPENSES

DATE

ITEMS AND DESCRIPTION

Enter all items of expense as they occur. Describe the
expenses by giving the kind and quantity of each item.
Column headings may be changed to fit individual farms.

Physical
Units

of

Items

Purchased

1
TOTAL

Enter the

dollars and
cents figures

first in this
column and
then in one
of the other

columns
according to
the kind of

expense .

LIVESTOCK
BOUGHT

Purchase of
all classes

of livestock
including

freight and
trucking
charges.

LIVESTOCK
FEED
BOUGHT

Forage,

grain, salt,

stock feeds,

bedding etc.,

including

trucking

freighting

and grinding

of feed.

OTHER EXPENSES

FOR

LIVESTOCK

AND POULTRY

Veterinary,

disinfectants

fly spray,

registration

fees, breeding fees,

milk testing, litter,

brooder fuel,

custom
hatching, etc.

No.

Unit

Ma-r./7

Dairy f^a.t!on

MS

oo

M5

oo

Zi

V<zt

22

oo

22.

SO

H

Pu.rc-L\asecl Bu.ll

kd.

ioOO

oo

boo

oo

16

FARM RECEIPTS

DATE

ITEMS AND DESCRIPTION

Enter all receipts as they occur. It will be sufficient to
record receipts in one amount for items such as milk, and
egg sales where statements and cheques are received week-
ly or monthly. Enter the Gross amount stated. Deduct-
ions from the gross sum such as haulage, rental of cans,
feed purchases, etc. should be recorded in the appropriate
column in the Expenses Section.

Physical

Units

of
Items
Sold

1

TOTAL VALUE

Enter the

dollars and

cents figures

in this
column and
then in one
of the other

columns
according to
the kind of
receipt.

2

CATTLE

SOLD

3

HOGS SOLD

4

POULTRY AND
EGGS SOLD

No.

Unit

S

<t

5

i

S

i

S

i

Totals rarripH fnrwarrl

17

FARM RECEIPTS

5

MILK AND
CREAM SOLD

6

OTHER
LIVESTOCK

AND
LIVESTOCK
PRODUCTS

SOLD
Sheep, lambs,

bees, fur
animals, etc.
sold. Wool,
fur, honey
hides sold.
Breeding fees
received.

1

CROPS SOLD

8

FORESTS

PRODUCTS

SOLD

9

CUSTOM
WORK

Man and

machine work

off the farm

Trucking

threshing

silo, filling, etc.

10

PATRONAGE

DIVIDENDS,

REBATES,

SUBSIDIES

11

MISC.
RECEIPTS

12

OTHER
RECEIPTS

13
CAPITAL SALES

Land, buildings,

machinery and

other equipment

sold (include

receipts from

fire insurance)

$

t

$

i

$

i

$

i

S

i

$

i

$

t

$

i

S

i

18

FARM RECEIPTS

DATE

ITEMS AND DESCRIPTION

Enter all receipts as they occur. It will be sufficient to
record receipts in one amount for items such as milk and
egg sales where statements and cheques are received week-
ly or monthly. Enter the Gross amount stated. Deduct-
ions from the gross sum such as haulage, rental of cans,
feed purchases, etc. should be recorded in the appropriate
column in the Expenses Section.

Physical
Units

of
Items
Sold

1

TOTAL VALUE

Enter the

dollars and

cents figures

in this
column and
then in one
of the other

columns
according to
the kind of
receipt.

2

CATTLE

SOLD

3

HOGS SOLD

4

POULTRY AND
EGGS SOLD

No.

Unit

S

i

S

i

$

i

$

i

Tot.ils rarriprl fnrwarrl

19

FARM RECEIPTS

5

MILK AND
CREAM SOLD

6

OTHER
LIVESTOCK

AND
LIVESTOCK
PRODUCTS

SOLD
Sheep, lambs,

bees, fur
animals, etc.
sold. Wool,

fur, honey

hides sold.
Breeding fees

received.

1
CROPS SOLD

8

FORESTS

PRODUCTS

SOLD

9

CUSTOM
WORK

Man and

machine work

off the farm

Trucking

threshing

silo, filling, etc.

10

PATRONAGE

DIVIDENDS,

REBATES,

SUBSIDIES

11

MISC.
RECEIPTS

12

OTHER
RECEIPTS

13
CAPITAL SALES

Land, buildings,

machinery and

other equipment

sold (include

receipts from

fire insurance)

$

t

$

i

$

i

$

i

S

i

S

i

S

i

$

i

S

i

20

FARM RECEIPTS

DATE

ITEMS AND DESCRIPTION

Enter all receipts as they occur. It will be sufficient to
record receipts in one amount for items such as milk and
egg sales where statements and cheques are received week-
ly or monthly. Enter the Gross amount stated. Deduct-
ions from the gross sum such as haulage, rental of cans,
feed purchases, etc. should be recorded in the appropriate
column in the Expenses Section.

Physical
Units

of
Items
Sold

1

TOTAL VALUE

Enter the

dollars and

cents figures

in this
column and
then in one
of the other

columns
according to
the kind of
receipt.

2

CATTLE

SOLD

3

HOGS SOLD

4

POULTRY AND
EGGS SOLD

No.

Unit

S

i

S

i

£

i

$

t

Totals carrier! forwarrl

21

FARM RECEIPTS

5

MILK AND
CREAM SOLD

6

OTHER
LIVESTOCK

AND
LIVESTOCK
PRODUCTS

SOLD
Sheep, lambs,

bees, fur
animals, etc.
sold. Wool,
fur, honey
hides sold.
Breeding fees
received.

1
CROPS SOLD

8

FORESTS

PRODUCTS

SOLD

9

CUSTOM
WORK

Man and

machine work

off the farm

Trucking

threshing

silo, filling, etc.

10

PATRONAGE

DIVIDENDS,

REBATES,

SUBSIDIES

11

MISC.
RECEIPTS

12

OTHER
RECEIPTS

13

CAPITAL SALES

Land, buildings,

machinery and

other equipment

sold (include

receipts from

fire insurance)

$

i

$

i

S

i

$

i

S

i

$

i

$

t

$

i

S

t

22

FARM RECEIPTS

DATE

ITEMS AND DESCRIPTION

Enter all receipts as they occur. It will be sufficient to
record receipts in one amount for items such as milk and
egg sales where statements and cheques are received week-
ly or monthly. Enter the Gross amount stated. Deduct-
ions from the gross sum such as haulage, rental of cans,
feed purchases, etc. should be recorded in the appropriate
column in the Expenses Section.

Physical
Units

of
Items
Sold

1

TOTAL VALUE

Enter the

dollars and

cents figures

in this
column and
then in one
of the other

columns
according to
the kind of
receipt.

2

CATTLE

SOLD

3

HOGS SOLD

4

POULTRY AND
EGGS SOLD

No.

Unit

S

<t

?

1

$

I

$

i

Totals rarriprl fnrwarrl .

23

FARM RECEIPTS

5

MILK AND
CREAM SOLD

6

OTHER
LIVESTOCK

AND
LIVESTOCK
PRODUCTS

SOLD
Sheep, lambs,

bees, fur

animals, etc.

sold. Wool,

fur, honey

hides sold.

Breeding fees

received.

1

CROPS SOLD

8

FORESTS

PRODUCTS

SOLD

9

CUSTOM
WORK

Man and

machine work

off the farm

Trucking

threshing

silo, filling, etc.

10

PATRONAGE
DIVIDENDS,
REBATES,
SUBSIDIES

11

MISC.
RECEIPTS

12

OTHER
RECEIPTS

13

CAPITAL SALES

Land, buildings,

machinery and

other equipment

sold (include

receipts from

fire insurance)

$

i

$

i

$

i

S

i

S

t

$

t

$

t

$

i

S

t

24

FARM RECEIPTS

DATE

ITEMS AND DESCRIPTION

Enter all receipts as they occur. It will be sufficient to
record receipts in one amount for items such as milk and
egg sales where statements and cheques are received week-
ly or monthly. Enter the Gross amount stated. Deduct-
ions from the gross sum such as haulage, rental of cans,
feed purchases, etc. should be recorded in the appropriate
column in the Expenses Section.

Physical
Units

of
Items
Sold

1

TOTAL VALUE

Enter the

dollars and

cents figures

in this
column and
then in one
of the other

columns
according to
the kind of
receipt.

2

CATTLE

SOLD

3

HOGS SOLD

4

POULTRY AND
EGGS SOLD

No.

Unit

%

i

$

i

S

i

$

i

Totals r:\rr\c<\ fnrwarrl

FARM RECEIPTS

25

5

MILK AND
CREAM SOLD

6

OTHER
LIVESTOCK

AND
LIVESTOCK
PRODUCTS

SOLD
Sheep, lambs,

bees, fur
animals, etc.
sold. Wool,
fur, honey
hides sold.
Breeding fees
received.

l

CROPS SOLD

8

FORESTS

PRODUCTS

SOLD

9

CUSTOM
WORK

Man and

machine work

off the farm

Trucking

threshing

silo, filling, etc.

10

PATRONAGE

DIVIDENDS,

REBATES,

SUBSIDIES

11

MISC.
RECEIPTS

12

OTHER
RECEIPTS

13

CAPITAL SALES

Land, buildings,

machinery and

other equipment

sold (include

receipts from

fire insurance)

S

t

$

i

$

i

$

t

S

t

$

t

$

i

$

i

$

i

26

FARM RECEIPTS

DATE

ITEMS AND DESCRIPTION

Enter all receipts as they occur. It will be sufficient to
record receipts in one amount for items such as milk and
egg sales where statements and cheques are received week-
ly or monthly. Enter the Gross amount stated. Deduct-
ions from the gross sum such as haulage, rental of cans,
feed purchases, etc. should be recorded in the appropriate
column in the Expenses Section.

Physical
Units

of
Items
Sold

1

TOTAL VALUE

Enter the

dollars and

cents figures

in this
column and
then in one
of the other

columns
according to
the kind of
receipt.

2

CATTLE
SOLD

3
HOGS SOLD

4

POULTRY AND
EGGS SOLD

No.

Unit

s

4

S

i

$

i

S

i

Tnt;ils rarripfi fnrwarH ,

FARM RECEIPTS

27

5

MILK AND
CREAM SOLD

6

OTHER
LIVESTOCK

AND
LIVESTOCK
PRODUCTS

SOLD
Sheep, lambs,

bees, fur
animals, etc.
sold. Wool,
fur, honey
hides sold.
Breeding fees
received.

l

CROPS SOLD

8

FORESTS

PRODUCTS

SOLD

9

CUSTOM
WORK

Man and

machine work

off the farm

Trucking

threshing

silo, filling, etc.

10

PATRONAGE

DIVIDENDS,

REBATES,

SUBSIDIES

11

MISC.
RECEIPTS

12

OTHER
RECEIPTS

13
CAPITAL SALES

Land, buildings,

machinery and

other equipment

sold (include

receipts from

fire insurance)

$

t

$

i

$

i

S

i

$

i

$

i

$

i

$

t

S

i

28

FARM RECEIPTS

DATE

ITEMS AND DESCRIPTION

Enter all receipts as they occur. It will be sufficient to
record receipts in one amount for items such as milk and
egg sales where statements and cheques are received week-
ly or monthly. Enter the Gross amount stated. Deduct-
ions from the gross sum such as haulage, rental of cans,
feed purchases, etc. should be recorded in the appropriate
column in the Expenses Section.

Physical
Units

of
Items
Sold

1

TOTAL VALUE

Enter the

dollars and

cents figures

in this
column and
then in one
of the other

columns
according to
the kind of
receipt.

2

CATTLE

SOLD

3

HOGS SOLD

4

POULTRY AND
EGGS SOLD

Totals from pages 16 & 17

No.

Unit

S

i

S

i

$

t

S

i

" 18 & 19

" 20&21

" 22&23

" 24&25

" 26&27

TOTALS FOR YEAR

NOTES:

FARM RECEIPTS

29

5

MILK AND
CREAM SOLD

6

OTHER
LIVESTOCK

AND
LIVESTOCK
PRODUCTS

SOLD
Sheep, lambs,

bees, fur
animals, etc.
sold. Wool,

fur, honey

hides sold.
Breeding fees

received.

1
CROPS SOLD

8

FORESTS

PRODUCTS

SOLD

9

CUSTOM
WORK

Man and

machine work

off the farm

Trucking

threshing

silo, filling, etc.

10

PATRONAGE

DIVIDENDS,

REBATES,

SUBSIDIES

11

MISC.
RECEIPTS

12

OTHER
RECEIPTS

13
CAPITAL SALES

Land, buildings,

machinery and

other equipment

sold (include

receipts from

fire insurance)

$

t

S

i

$

i

S

i

S

i

S

i

$

t

$

i

S

i

i

NOTES:

30

FARM EXPENSES

DATE

ITEMS AND DESCRIPTION

Enter all items of expense as they occur. Describe the
expenses by giving the kind and quantity of each item.
Column headings may be changed to fit individual farms.

Physical
Units

of

Items

Purchased

1
TOTAL

Enter the

dollars and
cents figures

first in this
column and
then in one
of the other

columns
according to
the kind of

expense .

LIVESTOCK
BOUGHT

Purchase of
all classes

of livestock
including

freight and
trucking
charges.

LIVESTOCK
FEED
BOUGHT

Forage,

grain, salt,

stock feeds,

bedding etc.,

including

trucking

freighting

and grinding

of feed.

OTHER EXPENSES

FOR

LIVESTOCK

AND POULTRY

Veterinary,

disinfectants

fly spray,

registration

fees, breeding fees,

milk testing, litter,

brooder fuel,

custom
hatching, etc.

No.

Unit

i

Totals carried forward

FARM EXPENSES

31

5

CROP

EXPENSE

Seed purchases,
seed treatment,

fertilizers,
sprays, mater-
ials, crop insur-
ance, twine,
custom work
hired etc.

6

MACHINERY

&

TRUCK

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

7

CAR

EXPENSE

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

8

BUILDING
AND
FENCE
REPAIRS

Cash cost of

repairs and

maintenance

only.

9
LABOR

Wages paid

for day,

month and

year labor

hired other

than custom

machine

work

10

INTEREST

Payment on
notes and
mortgages

11
UTILITIES

Farm share

of

electricity,

telephone,

and fuel,

12

MISCEL-
LANEOUS

Taxes,

insurance,

rent, farm

papers and

advertising,

etc.

13

CAPITAL

EXPENSES FOR

NEW

BUILDINGS,

MACHINERY,

EQUIPMENT

FENCES AND

LAND

$

i

t

i

s

i

S

i

S

i

S

t

$

i

S

i

S

i

32

FARM EXPENSES

DATE

ITEMS AND DESCRIPTION

Enter all items of expense as they occur. Describe the
expenses by giving the kind and quantity of each item.
Column headings may be changed to fit individual farms.

Physical
Units

of

Items

Purchased

1
TOTAL

Enter the

dollars and
cents figures

first in this
column and
then in one
of the other

columns
according to
the kind of

expense .

LIVESTOCK
BOUGHT

Purchase of

all classes

of livestock

including

freight and

trucking

charges.

LIVESTOCK
FEED
BOUGHT

Forage,

grain, salt,

stock feeds,

bedding etc.,

including

trucking

freighting

and grinding

of feed.

OTHER EXPENSE

FOR

LIVESTOCK

AND POULTRY

Veterinary,

disinfectants

fly spray,

registration

fees, breeding fees,

milk testing, litter

brooder fuel,

custom
hatching, etc.

No.

Unit

$

i

Totals carried forward

33

FARM EXPENSES

5
CROP

EXPENSE

Seed purchases,
seed treatment,

fertilizers,
sprays, mater-
ials, crop insur-
ance, twine,
custom work
hired etc.

6

MACHINERY

&

TRUCK

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

7

CAR

EXPENSE

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

8

BUILDING
AND
FENCE
REPAIRS

Cash cost of

repairs and

mamtenance

only.

9
LABOR

Wages paid

for day,

month and

year labor

hired other

than custom

machine

work

*

10

INTEREST

Payment on
notes and
mortgages

ll

UTILITIES

Farm share

of

electricity,

telephone,

and fuel,

12

MISCEL-
LANEOUS

Taxes,

insurance,

rent, farm

papers and

advertising,

etc.

13

CAPITAL

EXPENSES FOR

NEW

BUILDINGS,

MACHINERY.

EQUIPMENT

FENCES AND

LAND

s

t

J

i

$

i

$

i

S

i

S

i

S

i

S

i

S

i

34

FARM EXPENSES

DATE

ITEMS AND DESCRIPTION

Enter all items of expense as they occur. Describe the
expenses by giving the kind and quantity of each item.
Column headings may be changed to fit individual farms.

Physical
Units

of

Items

Purchased

1
TOTAL

Enter the

dollars and
cents figures

first in this
column and
then in one
of the other

columns
according to
the kind of

expense

LIVESTOCK
BOUGHT

Purchase of
all classes

of livestock
including

freight and
trucking
charges.

LIVESTOCK
FEED
BOUGHT

Forage,

grain, salt,

stock feeds,

bedding etc.,

including

trucking

freighting

and grinding

of feed.

OTHER EXPENSES

FOR

LIVESTOCK

AND POULTRY

Veterinary,

disinfectants

fly spray,

registration

fees, breeding fees,

milk testing, litter,

brooder fuel,

custom
hatching, etc.

No.

Unit

Totals carried forward

FARM EXPENSES

35

5

CROP

EXPENSE

Seed purchases,
seed treatment,

fertilizers,
sprays, mater-
ials, crop insur-
ance, twine,
custom work
hired etc.

6

MACHINERY

&

TRUCK

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

7

CAR

EXPENSE

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

8

BUILDING
AND
FENCE
REPAIRS

Cash cost of

repairs and

maintenance

only.

9
LABOR

Wages paid

for day,

month and

year labor

hired other

than custom

machine

work

10

INTEREST

Payment on
notes and
mortgages

11
UTILITIES

Farm share

of

electricity,

telephone,

and fuel,

12

MISCEL
LANEOUS

Taxes,

insurance,

rent, farm

papers and

advertising,

etc.

13

CAPITAL

EXPENSES FOR

NEW

BUILDINGS,

MACHINERY,

EQUIPMENT

FENCES AND

LAND

s

i

$

i

S

i

s

i

S

i

S

i

S

t

S

i

S

t

36

FARM EXPENSES

DATE

ITEMS AND DESCRIPTION

Enter all items of expense as they occur. Describe the
expenses by giving the kind and quantity of each item.
Column headings may be changed to fit individual farms.

Physical
Units

of

Items

Purchased

1
TOTAL

Enter the

dollars and
cents figures

first in this
column and
then in one
of the other

columns
according to
the kind of

expense .

LIVESTOCK
BOUGHT

Purchase of
all classes

of livestock
including

freight and
trucking
charges.

LIVESTOCK
FEED
BOUGHT

Forage,

grain, salt,

stock feeds,

bedding etc.,

including

trucking

freighting

and grinding

of feed.

OTHER EXPENSES

FOR

LIVESTOCK

AND POULTRY

Veterinary,

disinfectants

fly spray,

registration

fees, breeding fees,

milk testing, litter,

brooder fuel,

custom
hatching, etc.

No.

Unit

i

i

Totals carried forward

FARM EXPENSES

37

5

CROP

EXPENSE

Seed purchases,
seed treatment,

fertilizers,
sprays, mater-
ials, crop insur-
ance, twine,
custom work
hired etc.

6

MACHINERY

&

TRUCK

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

l

CAR
EXPENSE

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

8

BUILDING
AND
FENCE
REPAIRS

Cash cost of

repairs and

maintenance

only.

9

LABOR

Wages paid

for day,

month and

year labor

hired other

than custom

machine

work

10

INTEREST

Payment on
notes and
mortgages

11

UTILITIES

Farm share

of

electricity,

telephone,

and fuel,

12

MISCEL
LANEOUS

Taxes,

insurance,

rent, farm

papers and

advertising,

etc.

13

CAPITAL.

EXPENSES FOR

NEW

BUILDINGS,

MACHINERY,

EQUIPMENT

FENCES AND

LAND

$

i

s

i

$

i

s

i

S

t

J

i

S

i

$

i

%

i

38

FARM EXPENSES

DATE

ITEMS AND DESCRIPTION

Enter all items of expense as they occur. Describe the
expenses by giving the kind and quantity of each item.
Column headings may be changed to fit individual farms.

Physical
Units

of

Items

Purchased

1
TOTAL

Enter the

dollars and
cents figures

first in this
column and
then in one
of the other

columns
according to
the kind of

expense .

LIVESTOCK
BOUGHT

Purchase of
all classes

of livestock
including

freight and
trucking
charges.

LIVESTOCK
FEED
BOUGHT

Forage,

grain, salt,

stock feeds,

bedding etc.,

including

trucking

freighting

and grinding

of feed.

OTHER EXPENSES

FOR

LIVESTOCK

AND POULTRY

Veterinary,

disinfectants

fly spray,

registration

fees, breeding fees,

milk testing, litter,

brooder fuel,

custom
hatching, etc.

No.

Unit

t

i

Totals carried forward

FARM EXPENSES

39

5

CROP

EXPENSE

Seed purchases,
seed treatment,

fertilizers,
sprays, mater-
ials, crop insur-
ance, twine,
custom work
hired etc.

6

MACHINERY

&

TRUCK

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

7

CAR

EXPENSE

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

8

BUILDING
AND
FENCE
REPAIRS

Cash cost of

repairs and

mamtenance

only.

9
LABOR

Wages paid

for day,

month and

year labor

hired other

than custom

machine

work

10
INTEREST

Payment on
notes and
mortgages

11
UTILITIES

Farm share

of

electricity,

telephone,

and fuel.

12

MISCEL
LANEOUS

Taxes,

insurance,

rent, farm

papers and

advertising,

etc.

13

CAPITAL

EXPENSES FOR

NEW

BUILDINGS,

MACHINERY,

EQUIPMENT

FENCES AND

LAND

J

i

$

i

$

i

s

i

$

i

S

i

S

t

$

i

S

i

40

FARM EXPENSES

DATE

ITEMS AND DESCRIPTION

Enter all items of expense as they occur. Describe the
expenses by giving the kind and quantity of each item.
Column headings may be changed to fit individual farms.

Physical
Units

of

Items

Purchased

1
TOTAL

Enter the

dollars and
cents figures

first in this
column and
then in one
of the other

columns
according to
the kind of

expense .

LIVESTOCK
BOUGHT

Purchase of
all classes

of livestock
including

freight and
trucking
charges.

LIVESTOCK
FEED
BOUGHT

Forage,

grain, salt,

stock feeds,

bedding etc.,

including

trucking

freighting

and grinding

of feed.

OTHER EXPENSE!

FOR

LIVESTOCK

AND POULTRY

Veterinary,

disinfectants

fly spray,

registration

fees, breeding fees,

milk testing, litter,

brooder fuel,

custom
hatching, etc.

Stti

tti

!

No.

Unit

$

i

i

Totals carried forward

FARM EXPENSES

41

5

CROP

EXPENSE

Seed purchases,
seed treatment,

fertilizers,
sprays, mater-
ials, crop insur-
ance, twine,
custom work
hired etc.

6

MACHINERY

&

TRUCK

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

7

CAR

EXPENSE

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

8

BUILDING
AND
FENCE
REPAIRS

Cash cost of

repairs and

maintenance

only.

9
LABOR

Wages paid

for day,

month and

year labor

hired other

than custom

machine

work

, _*

10
INTEREST

Payment on
notes and
mortgages

ll

UTILITIES

Farm share

of

electricity,

telephone,

and fuel.

12

MISCEL-
LANEOUS

Taxes,

insurance,

rent, farm

papers and

advertising,

etc.

13

CAPITAL

EXPENSES FOR

NEW

BUILDINGS,

MACHINERY,

EQUIPMENT

FENCES AND

LAND

$

i

$

i

S

i

$

i

S

i

S

i

S

i

$

i

S

i

42

FARM EXPENSES

DATE

ITEMS AND DESCRIPTION

Enter all items of expense as they occur. Describe the
expenses by giving the kind and quantity of each item.
Column headings may be changed to fit individual farms.

Physical
Units

of

Items

Purchased

1
TOTAL

Enter the

dollars and
cents figures

first in this
column and
then in one
of the other

columns
according to
the kind of

expense .

LIVESTOCK
BOUGHT

Purchase of
all classes

of livestock
including

freight and
trucking
charges.

LIVESTOCK
FEED
BOUGHT

Forage,

grain, salt,

stock feeds,

bedding etc.,

including

trucking

freighting

and grinding

of feed.

OTHER EXPENSES

FOR

LIVESTOCK

AND POULTRY

Veterinary,

disinfectants

fly spray,

registration

fees, breeding fees,

milk testing, litter,

brooder fuel,

custom
hatching, etc.

No.

Unit

Totals carried forward

43

FARM EXPENSES

5

CROP

EXPENSE

Seed purchases,
seed treatment,

fertilizers,
sprays, mater-
ials, crop insur-
ance, twine,
custom work
hired etc.

6

MACHINERY

6c

TRUCK

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

7

CAR

EXPENSE

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

8

BUILDING
AND
FENCE
REPAIRS

Cash cost of

repairs and

maintenance

only.

9
LABOR

Wages paid

for day,

month and

year labor

hired other

than custom

machine

work

, *-

10 11
INTEREST UTILITIES

Payment on Farm share
notes and of
mortgages electricity,
telephone,
and fuel.

12

MISCEL

LANEOUS

Taxes,

insurance,

rent, farm

papers and

advertising,

etc.

13

CAPITAL

EXPENSES FOR

NEW

BUILDINGS,

MACHINERY,

EQUIPMENT

FENCES AND

LAND

$

i

$

i

S

t

$

t

$

i

S

i

$

i

i

i

S

*

44

FARM EXPENSES

DATE

ITEMS AND DESCRIPTION

Enter all items of expense as they occur. Describe the
expenses by giving the kind and quantity of each item.
Column headings may be changed to fit individual farms.

Physical
Units

of

Items

Purchased

1
TOTAL

Enter the

dollars and
cents figures

first in this
column and
then in one
of the other

columns
according to
the kind of

expense .

LIVESTOCK
BOUGHT

Purchase of
all classes

of livestock
including

freight and
trucking
charges.

LIVESTOCK
FEED
BOUGHT

Forage,

grain, salt,

stock feeds,

bedding etc.,

including

trucking

freighting

and grinding

of feed.

OTHER EXPENSES

FOR

LIVESTOCK

AND POULTRY

Veterinary,

disinfectants

fly spray,

registration

fees, breeding fees,

milk testing, litter,

brooder fuel,

custom
hatching, etc.

No.

Unit

i

Totals carried forward

FARM EXPENSES

45

5
CROP

EXPENSE

Seed purchases,
seed treatment,

fertilizers,
sprays, mater-
ials, crop insur-
ance, twine,
custom work
hired etc.

6

MACHINERY

&

TRUCK

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

1

CAR
EXPENSE

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

8

BUILDING
AND
FENCE
REPAIRS

Cash cost of

repairs and

maintenance

only.

9
LABOR

Wages paid

for day,

month and

year labor

hired other

than custom

machine

work

^

10
INTEREST

Payment on
notes and
mortgages

11
UTILITIES

Farm share

of

electricity,

telephone,

and fuel.

12

MISCEL-
LANEOUS

Taxes,

insurance,

rent, farm

papers and

advertising,

etc.

13

CAPITAL

EXPENSES FOR

NEW

BUILDINGS,

MACHINERY,

EQUIPMENT

FENCES AND

LAND

S

i

S

i

S

i

s

i

S

i

I

i

S

i

s

i

$

i

46

FARM EXPENSES

DATE

ITEMS AND DESCRIPTION

Enter all items of expense as they occur. Describe the
expenses by giving the kind and quantity of each item.
Column headings may be changed to fit individual farms.

Physical
Units

of

Items

Purchased

1
TOTAL

Enter the

dollars and
cents figures

first in this
column and
then in one
of the other

columns
according to
the kind of

expense .

LIVESTOCK
BOUGHT

Purchase of
all classes

of livestock
including

freight and
trucking
charges.

LIVESTOCK
FEED
BOUGHT

Forage,

grain, salt,

stock feeds,

bedding etc.,

including

trucking

freighting

and grinding

of feed.

OTHER EXPENSES

FOR

LIVESTOCK

AND POULTRY

Veterinary,

disinfectants

fly spray,

registration

fees, breeding fees,

milk testing, litter,

brooder fuel,

custom
hatching, etc.

No.

Unit

i

Totals carried forward

FARM EXPENSES

47

5

CROP

EXPENSE

Seed purchases,
seed treatment,

fertilizers,
sprays, mater-
ials, crop insur-
ance, twine,
custom work
hired etc.

6

MACHINERY

&

TRUCK

Fuel, oil,

gTease,

repairs, tires,

licence,

insurance,

etc.

7

CAR

EXPENSE

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

8

BUILDING
AND
FENCE
REPAIRS

Cash cost of

repairs and

maintenance

only.

9
LABOR

Wages paid

for day,

month and

year labor

hired other

than custom

machine

work

10 11

INTEREST UTILITIES

Payment on Farm share
notes and of
mortgages electricity,
telephone,
and fuel.

12

MISCEL-
LANEOUS

Taxes,

insurance,

rent, farm

papers and

advertising,

etc.

13

CAPITAL

EXPENSES FOR

NEW

BUILDINGS,

MACHINERY,

EQUIPMENT

FENCES AND

LAND

s

i

s

i

$

4

S

i

S

i

s

i

s

i

S

i

$

i

48

FARM EXPENSES

DATE

ITEMS AND DESCRIPTION

Enter all items of expense as they occur. Describe the
expenses by giving the kind and quantity of each item.
Column headings may be changed to fit individual farms.

Physical
Units

of

Items

Purchased

1
TOTAL

Enter the

dollars and
cents figures

first in this
column and
then in one
of the other

columns
according to
the kind of

expense .

LIVESTOCK
BOUGHT

Purchase of
all classes

of livestock
including

freight and
trucking
charges.

LIVESTOCK
FEED
BOUGHT

Forage,

grain, salt,

stock feeds,

bedding etc.,

including

trucking

freighting

and grinding

of feed.

OTHER EXPENSES

FOR

LIVESTOCK

AND POULTRY

Veterinary,

disinfectants

fly spray,

registration

fees, breeding fees,

milk testing, litter,

brooder fuel,

custom
hatching, etc.

No.

Unit

i

i

Totals carried forward

FARM EXPENSES

49

5
CROP

EXPENSE

Seed purchases,
seed treatment,

fertilizers,
sprays, mater-
ials, crop insur-
ance, twine,
custom work
hired etc.

6

MACHINERY

&

TRUCK

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

7

CAR

EXPENSE

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

8

BUILDING
AND
FENCE
REPAIRS

Cash cost of

repairs and

maintenance

only.

9
LABOR

Wages paid

for day,

month and

year labor

hired other

than custom

machine

work

10
INTEREST

Payment on
notes and
mortgages

ll

UTILITIES

Farm share

of

electricity,

telephone,

and fuel.

12

MISCEL-
LANEOUS

Taxes,

insurance,

rent, farm

papers and

advertising,

etc.

13

CAPITAL

EXPENSES FOR

NEW

BUILDINGS,

MACHINERY,

EQUIPMENT

FENCES AND

LAND

$

i

$

i

$

i

J

i

S

i

$

i

S

i

S

i

S

i

50

FARM EXPENSES

DATE

ITEMS AND DESCRIPTION

Enter all items of expense as they occur. Describe the
expenses by giving the kind and quantity of each item.
Column headings may be changed to fit individual farms.

Physical
Units

of

Items

Purchased

1
TOTAL

Enter the

dollars and
cents figures

first in this
column and
then in one
of the other

columns
according to
the kind of

expense .

LIVESTOCK
BOUGHT

Purchase of
all classes

of livestock
including

freight and
trucking
charges.

LIVESTOCK
FEED
BOUGHT

Forage,

grain, salt,

stock feeds,

bedding etc.,

including

trucking

freighting

and grinding

of feed.

OTHER EXPENSES

FOR

LIVESTOCK

AND POULTRY

Veterinary,

disinfectants

fly spray,
registration
fees, breeding fees,
milk testing, litter,

brooder fuel,

custom
hatching, etc.

No.

Unit

i

Totals carried forward

FARM EXPENSES

51

5
CROP

EXPENSE

Seed purchases,
seed treatment,

fertilizers,
sprays, mater-
ials, crop insur-
ance, twine,
custom work
hired etc.

6

MACHINERY

&

TRUCK

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

i

CAR
EXPENSE

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

8

BUILDING
AND
FENCE
REPAIRS

Cash cost of

repairs and

maintenance

only.

9
LABOR

Wages paid

for day,

month and

year labor

hired other

than custom

machine

work

1

10
INTEREST

Payment on
notes and
mortgages

n

UTILITIES

Farm share

of

electricity,

telephone,

and fuel,

12

MISCEL-
LANEOUS

Taxes,

insurance,

rent, farm

papers and

advertising,

etc.

13

CAPITAL

EXPENSES FOR

NEW

BUILDINGS,

MACHINERY,

EQUIPMENT

FENCES AND

LAND

$

i

$

i

$

i

S

i

S

i

$

i

S

i

$

i

S

i

52

FARM EXPENSES

DATE

ITEMS AND DESCRIPTION

Enter all items of expense as they occur. Describe the
expenses by giving the kind and quantity of each item.
Column headings may be changed to fit individual farms.

Physical
Units

of

Items

Purchased

1
TOTAL

Enter the

dollars and
cents figures

first in this
column and
then in one
of the other

columns
according to
the kind of

expense .

LIVESTOCK
BOUGHT

Purchase of
all classes
of livestock

including
freight and

trucking
charges.

LIVESTOCK

FEED

BOUGHT

Forage,

grain, salt,

stock feeds,

bedding etc.,

including

trucking

freighting

and grinding

of feed.

OTHER EXPENSES

FOR

LIVESTOCK

AND POULTRY

Veterinary,

disinfectants

fly spray,

registration

fees, breeding fees,

milk testing, litter,

brooder fuel,

custom
hatching, etc.

No.

Unit

i

Totals carried forward

FARM EXPENSES

53

5

CROP

EXPENSE

Seed purchases,
seed treatment,

fertilizers,
sprays, mater-
ials, crop insur-
ance, twine,
custom work
hired etc.

6

MACHINERY

&

TRUCK

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

7

CAR

EXPENSE

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

8

BUILDING
AND
FENCE
REPAIRS

Cash cost of

repairs and

maintenance

only.

9
LABOR

Wages paid

for day,

month and

year labor

hired other

than custom

machine

work

*

10
INTEREST

Payment on
notes and
mortgages

11
UTILITIES

Farm share

of

electricity,

telephone,

and fuel.

12

MISCEL-
LANEOUS

Taxes,

insurance,

rent, farm

papers and

advertising,

etc.

13

CAPITAL

EXPENSES FOR

NEW

BUILDINGS,

MACHINERY,

EQUIPMENT

FENCES AND

LAND

S

t

S

i

$

t

$

i

$

i

S

t

S

t

S

i

S

i

L ,

54

FARM EXPENSES

DATE

ITEMS AND DESCRIPTION

Enter all items of expense as they occur. Describe the
expenses by giving the kind and quantity of each item.
Column headings may be changed to fit individual farms.

Physical
Units

of

Items

Purchased

1

TOTAL

Enter the

dollars and
cents figures

first in this
column and
then in one
of the other

columns
according to
the kind of

expense .

LIVESTOCK
BOUGHT

Purchase of

all classes

of livestock

including

freight and

trucking

charges.

LIVESTOCK
FEED
BOUGHT

Forage,

grain, salt,

stock feeds,

bedding etc.,

including

trucking

freighting

and grinding

of feed.

OTHER EXPENSES

FOR

LIVESTOCK

AND POULTRY

Veterinary,

disinfectants

fly spray,

registration

fees, breeding fees,

milk testing, litter,

brooder fuel,

custom
hatching, etc.

No.

Unit

i

i

Totals carried forward

FARM EXPENSES

55

5

CROP

EXPENSE

Seed purchases,
seed treatment,

fertilizers,
sprays, mater-
ials, crop insur-
ance, twine,
custom work
hired etc.

6

MACHINERY

&•

TRUCK

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

7

CAR

EXPENSE

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

8

BUILDING

AND

FENCE

REPAIRS

Cash cost of

repairs and

maintenance

only.

9
LABOR

Wages paid

for day,

month and

year labor

hired other

than custom

machine

work

1

10
INTEREST

Payment on
notes and
mortgages

n

UTILITIES

Farm share

of

electricity,

telephone,

and fuel,

12

MISCEL-
LANEOUS

Taxes,

insurance,

rent, farm

papers and

advertising,

etc.

13

CAPITAL

EXPENSES FOR

NEW

BUILDINGS,

MACHINERY,

EQUIPMENT

FENCES AND

LAND

$

t

S

i

$

i

$

i

$

t

S

i

$

t

$

i

S

i

56

FARM EXPENSES

DATE

ITEMS AND DESCRIPTION

Enter all items of expense as they occur. Describe the
expenses by giving the kind and quantity of each item.
Column headings may be changed to fit individual farms.

Physical
Units

of

Items

Purchased

1
TOTAL

Enter the

dollars and
cents figures

first in this
column and
then in one
of the other

columns
according to
the kind of

expense .

LIVESTOCK
BOUGHT

Purchase of
all classes

of livestock
including

freight and
trucking
charges.

LIVESTOCK
FEED
BOUGHT

Forage,

grain, salt,

stock feeds,

bedding etc.,

including

trucking

freighting

and grinding

of feed.

OTHER EXPENSES

FOR

LIVESTOCK

AND POULTRY

Veterinary,

disinfectants

fly spray,

registration

fees, breeding fees,

milk testing, litter,

brooder fuel,

custom
hatching, etc.

No.

Unit

i

$

i

Totals carried forward

FARM EXPENSES

57

5
CROP

EXPENSE

Seed purchases,
seed treatment,

fertilizers,
sprays, mater-
ials, crop insur-
ance, twine,
custom work
hired etc.

6

MACHINERY

&

TRUCK

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

7

CAR

EXPENSE

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

8

BUILDING
AND
FENCE
REPAIRS

Cash cost of

repairs and

maintenance

only.

9
LABOR

Wages paid

for day,

month and

year labor

hired other

than custom

machine

work

f

10
INTEREST

Payment on
notes and
mortgages

11

UTILITIES

Farm share

of

electricity,

telephone,

and fuel,

12

MISCEL-
LANEOUS

Taxes,

insurance,

rent, farm

papers and

advertising,

etc.

13

CAPITAL

EXPENSES FOR

NEW

BUILDINGS,

MACHINERY,

EQUIPMENT

FENCES AND

LAND

$

i

$

i

$

i

$

i

$

i

S

i

S

i

S

i

$

i

58

FARM EXPENSES

DATE

ITEMS AND DESCRIPTION

Enter all items of expense as they occur. Describe the
expenses by giving the kind and quantity of each item.
Column headings may be changed to fit individual farms.

Physical
Units

of

Items

Purchased

1
TOTAL

Enter the

dollars and
cents figures

first in this
column and
then in one
of the other

columns
according to
the kind of

expense .

LIVESTOCK
BOUGHT

Purchase of
all classes

of livestock
including

freight and
trucking
charges.

LIVESTOCK
FEED
BOUGHT

Forage,

grain, salt,

stock feeds,

bedding etc.,

including

trucking

freighting

and grinding

of feed.

OTHER EXPENSES

FOR

LIVESTOCK

AND POULTRY

Veterinary,

disinfectants

fly spray,

registration

fees, breeding fees,

milk testing, litter,

brooder fuel,

custom
hatching, etc.

No.

Unit

Totals carried forward

FARM EXPENSES

59

5

CROP

EXPENSE

Seed purchases,
seed treatment,

fertilizers,
sprays, mater-
ials, crop insur-
ance, twine,
custom work
hired etc.

6

MACHINERY

&

TRUCK

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

7

CAR

EXPENSE

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

8

BUILDING
AND
FENCE
REPAIRS

Cash cost of

repairs and

maintenance

only.

9
LABOR

Wages paid

for day,

month and

year labor

hired other

than custom

machine

work

*■

10
INTEREST

Payment on
notes and
mortgages

11

UTILITIES

Farm share

of

electricity,

telephone,

and fuel,

12

MISCEL-
LANEOUS

Taxes,

insurance,

rent, farm

papers and

advertising,

etc.

13

CAPITAL

EXPENSES FOR

NEW

BUILDINGS,

MACHINERY,

EQUIPMENT

FENCES AND

LAND

$

i

S

i

$

i

$

i

s

i

$

i

$

t

$

i

S

i

60

FARM EXPENSES

DATE

ITEMS AND DESCRIPTION

Enter all items of expense as they occur. Describe the
expenses by giving the kind and quantity of each item.
Column headings may be changed to fit individual farms.

Physical
Units

of

Items

Purchased

1
TOTAL

Enter the

dollars and
cents figures

first in this
column and
then in one
of the other

columns
according to
the kind of

expense .

LIVESTOCK
BOUGHT

Purchase of
all classes

of livestock
including

freight and
trucking
charges.

LIVESTOCK
FEED
BOUGHT

Forage,

grain, salt,

stock feeds,

bedding etc.,

including

trucking

freighting

and grinding

of feed.

OTHER EXPENSES

FOR

LIVESTOCK

AND POULTRY

Veterinary,

disinfectants

fly spray,

registration

fees, breeding fees,

milk testing, litter,

brooder fuel,

custom
hatching, etc.

No.

Unit

Totals carried forward

FARM EXPENSES

61

5

CROP

EXPENSE

Seed purchases,
seed treatment,

fertilizers,
sprays, mater-
ials, crop insur-
ance, twine,
custom work
hired etc.

6

MACHINERY

&

TRUCK

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

1

CAR
EXPENSE

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

8

BUILDING
AND
FENCE
REPAIRS

Cash cost of

repairs and

maintenance

only.

9

LABOR

Wages paid

for day,

month and

year labor

hired other

than custom

machine

work

*

10
INTEREST

Payment on
notes and
mortgages

ll

UTILITIES

Farm share

of

electricity,

telephone,

and fuel,

12

MISCEL-
LANEOUS

Taxes,

insurance,

rent, farm

papers and

advertising,

etc.

13

CAPITAL

EXPENSES FOR

NEW

BUILDINGS,

MACHINERY,

EQUIPMENT

FENCES AND

LAND

$

t

S

i

$

i

S

i

S

i

S

i

S

t

S

i

$

i

62

FARM EXPENSES

DATE

ITEMS AND DESCRIPTION

Enter all items of expense as they occur. Describe the
expenses by giving the kind and quantity of each item.
Column headings may be changed to fit individual farms.

Physical
Units

of

Items

Purchased

1
TOTAL

Enter the

dollars and
cents figures

first in this
column and
then in one
of the other

columns
according to
the kind of

expense .

LIVESTOCK
BOUGHT

Purchase of

all classes

of livestock

including

freight and

trucking

charges.

LIVESTOCK
FEED
BOUGHT

Forage,

grain, salt,

stock feeds,

bedding etc.,

including

trucking

freighting

and grinding

of feed.

OTHER EXPENSES

FOR

LIVESTOCK

AND POULTRY

Veterinary,

disinfectants

fly spray,

registration

fees, breeding fees,

milk testing, litter,

brooder fuel,

custom
hatching, etc.

No.

Unit

i

i

Totals carried forward

FARM EXPENSES

63

5

CROP

EXPENSE

Seed purchases,
seed treatment,

fertilizers,
sprays, mater-
ials, crop insur-
ance, twine,
custom work
hired etc.

6

MACHINERY

&

TRUCK

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

7

CAR

EXPENSE

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

8

BUILDING
AND
FENCE
REPAIRS

Cash cost of

repairs and

maintenance

only.

9
LABOR

Wages paid

for day,

month and

year labor

hired other

than custom

machine

work

*

10

INTEREST

Payment on
notes and
mortgages

11

UTILITIES

Farm share

of

electricity,

telephone,

and fuel,

12

MISCEL-
LANEOUS

Taxes,

insurance,

rent, farm

papers and

advertising,

etc.

13

CAPITAL

EXPENSES FOR

NEW

BUILDINGS,

MACHINERY,

EQUIPMENT

FENCES AND

LAND

s

t

$

i

S

i

$

i

$

t

$

t

$

i

S

i

S

i

64

FARM EXPENSES

DATE

ITEMS AND DESCRIPTION

Enter all items of expense as they occur. Describe the
expenses by giving the kind and quantity of each item.
Column headings may be changed to fit individual farms.

Physical
Units

of

Items

Purchased

1
TOTAL

Enter the

dollars and
cents figures

first in this
column and
then in one
of the other

columns
according to
the kind of

expense .

LIVESTOCK
BOUGHT

Purchase of

all classes

of livestock

including

freight and

trucking

charges.

LIVESTOCK
FEED
BOUGHT

Forage,

grain, salt,

stock feeds,

bedding etc.,

including

trucking

freighting

and grinding

of feed.

OTHER EXPENSES
FOR

LIVESTOCK

AND POULTRY

Veterinary,

disinfectants

fly spray,
registration
fees, breeding fees,
milk testing, litter,

brooder fuel,

custom
hatching, etc.

No.

Unit

$

t

Totals carried forward

FARM EXPENSES

65

5

CROP

EXPENSE

Seed purchases,
seed treatment,

fertilizers,
sprays, mater-
ials, crop insur-
ance, twine,
custom work
hired etc.

6

MACHINERY

&

TRUCK

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

1

CAR
EXPENSE

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

8

BUILDING
AND
FENCE
REPAIRS

Cash cost of

repairs and

maintenance

only.

9
LABOR

Wages paid

for day,

month and

year labor

hired other

than custom

machine

work

' -»

10
INTEREST

Payment on
notes and
mortgages

n

UTILITIES

Farm share

of

electricity,

telephone,

and fuel,

12

MISCEL-
LANEOUS

Taxes,

insurance,

rent, farm

papers and

advertising,

etc.

13

CAPITAL

EXPENSES FOR

NEW

BUILDINGS,

MACHINERY,

EQUIPMENT

FENCES AND

LAND

J

t

S

i

$

i

%

i

$

i

S

i

$

i

$

i

$

i

66

FARM EXPENSES

DATE

ITEMS AND DESCRIPTION

Enter all items of expense as they occur. Describe the
expenses by giving the kind and quantity of each item.
Column headings may be changed to fit individual farms.

Physical
Units

of

Items

Purchased

1
TOTAL

Enter the

dollars and
cents figures

first in this
column and
then in one
of the other

columns
according to
the kind of

expense .

LIVESTOCK
BOUGHT

Purchase of
all classes

of livestock
including

freight and
trucking
charges.

LIVESTOCK
FEED
BOUGHT

Forage,

grain, salt,

stock feeds,

bedding etc.,

including

trucking

freighting

and grinding

of feed.

OTHER EXPENSES

FOR

LIVESTOCK

AND POULTRY

Veterinary,

disinfectants

fly spray,

registration

fees, breeding fees,

milk testing, litter,

brooder fuel,

custom
hatching, etc.

Totals from pages 30 & 31

No.

Unit

32 &33

34 &35

36 &37

38 &39

40 &41

42 &43

44 &45

46 &47

48 &49

50 &51

52 &53

54 & 55

56 &57

58 &59

60 &61

62 &63

64 &65

TOTALS FOR YEAR

NOTES:

67

FARM EXPENSES

5

CROP

EXPENSE

Seed purchases,
seed treatment,

fertilizers,
sprays, mater-
ials, crop insur-
ance, twine,
custom work
hired etc.

6

MACHINERY

&

TRUCK

Fuel, oil,
grease,

repairs, tires,

licence,

insurance,

etc.

7

CAR

EXPENSE

Fuel, oil,

grease,

repairs, tires,

licence,

insurance,

etc.

8

BUILDING
AND
FENCE
REPAIRS

Cash cost of

repairs and

maintenance

only.

9
LABOR

Wages paid

for day,

month and

year labor

hired other

than custom

machine

work

10

INTEREST

Payment on
notes and
mortgages

11
UTILITIES

Farm share

of

electricity,

telephone,

and fuel.

12

MISCEL-
LANEOUS

Taxes,

insurance,

rent, farm

papers and

advertising,

etc.

13

CAPITAL

EXPENSES FOR

NEW

BUILDINGS,

MACHINERY,

EQUIPMENT

FENCES AND

LAND

$

t

%

i

S

i

$

i

S

i

$

i

S

t

S

i

%

i

NOTES:

68

FARM ACCOUNTS

At the beginning of the accounting period, all farm accounts, whether payable or receivable, should be
listed, and the beginning balance shown for each. Any increases or decreases in this balance will be treated
as shown in the examples below. New accounts can be added as the year progresses, and these will show no
beginning balance.

EXAMPLE:

FARM RECEIVABLES:

1

2

3 4 5 6

DATE

DESCRIPTION

AMOUNT
PAID

AMOUNT
CHARGED

BY WHOM OWED

5» A?

Month

Day

Z*/4.

/

Beg. Balance

XXX

XXX

L/.0O OO

_<2_-

QP£.

si

SO Lp ///?/

4l$>oo

OJLS-oo

3orft

/

/?*//) a/Y /)cc * r

js-o- oo

2<To.ao

FARM LIABILITIES:

1

2

3 4 5 6

DATE

DESCRIPTION

AMOUNT
PAID

AMOUNT
CHARGED

TO WHOM OWED

£/?/*.,?££

Month

Day

T/^V

/

Beg. Balance

XXX

XXX

1,/1-Z. 27

3Z9-9Z

7? 36

. O

f&

A?

°100 l.0*£seL

/OO O O

t/2? 93-

MftZ.

¥

Prt'P OS* /9C<^ovY'f

7? 16

— o

?vN£

3o

/7>ou}f T/SS-

2JL? o^

ll^-oo

Z~t>Ly

9

P/>//> O/Y /?<^COv//7

JOO OO

S 23-2-7

69

FARM RECEIVABLES:

1

2

3 4 5 6

DATE

DESCRIPTION

AMOUNT
PAID

AMOUNT
CHARGED

BY WHOM OWED

Month

Day

Beg. Balance

XXX

XXX

^

70

FARM LIABILITES:

1

2

3 4 5 6

DATE

DESCRIPTION

AMOUNT
PAID

AMOUNT
CHARGED

TO WHOM OWED

Month

Day

Beg. Balance

XXX

XXX

71

7

8

9

10

11

12

13

14

15

TO WHOM OWED

72

FARM LIABILITES:

1

2

3 4 5 6

DATE

DESCRIPTION

AMOUNT
PAID

AMOUNT
CHARGED

TO WHOM OWED

Month

Day

Balance Forward

XXX

XXX

73

7

8

9

10

11

12

13

14

15

TO WHOM OWED

74

FARM LIABILITES:

1

2

3 4 5 6

DATE

DESCRIPTION

AMOUNT
PAID

AMOUNT
CHARGED

TO WHOM OWED

Month

Day

Balance Forward

XXX

XXX

7

8

9

10

11

12

13

14

15

TO WHOM OWED

i

75

76

FARM BALANCE SHEET

This is a farm balance sheet, and therefore, personal assets and personal liabilities should be excluded.
Current payables are those debts which are normally paid within one year. Intermediate term debts are
those which are payable from one to ten years. Any debts payable over more than ten years are considered
long-term.

A^

>Hlb:

Beginning

Ending

Cash

1.

2.

Accounts Receivable

^.

Supplies

4.

ii

Livestock

5.

Machinery

6.

Buildinps

7.

&
Real Estate

8.

Other Farm Assets

9.

10.

TOTAT.FARM ASSF.TS

LIABILITIES AND OWNER'S FARM EQUITY:

11. Current Payables

12. Intermediate-Term Debts

13. Long-Term Mortgages

14. TOTAL FARM LIABILITIES

15. Owner's Farm Equity

(line 10-line 14)

16. TOTAL FARM EQUITIES

(line 14+15)

Beginning

Ending

INCOME STATEMENT

77

FARM INCOME:
ITEM

Cattle Sales
Hog Sales

Poultry & Egg Sales

Milk & Cream Sales

Other Livestock & Livestock
Product Sales

Crop Sales

Forest Product Sales
Custom Work

Patrongage Dividends,
Rebates Subsidies

Misc. Receipts.

Other Receipts

(A) TOTAL CASH INCOME

FARM EXPENSES:
Livestock Bought _

Livestock Feed Bought

Other Expenses for Livestock
Crop Expenses

Mach. & truck repairs, license, etc
Car Expenses

Building & Fence Repairs

Labor Expense

Interest Expense

Utilities Expense

Miscellaneous Expense

(B) TOTAL OPERATING EXPENSES

78

FARM BUSINESS ANALYSIS
Total Cash Income ("A" from page 77 )

Minus: Cash Operating Expenses
("B" from page 77)

EQUALS: NET CASH INCOME

Plus or Minus Change in Inventory
(Pages 13 and 14)

Minus: Total Depreciation
(Pages 10 and 12 )_

EQUALS: NET FARM INCOME

Net Farm Income (above).

Plus: Interest Expense (page 67, col. 10)
TOTAL

Minus: Estimated Value of Unpaid Family
Labor (page 82)

Minus: Interest on Average Inventory
( * — % of line 7, page 14)

Equals: Return to Operator's Labor and
Management

Plus: Value of Farm Products Used in
Home (page 83)

Plus: Use of House (page 83)

Equals: Operator's Labor and Management Earnings.

* The percent used should correspond to the return which can be expected from a low risk investment,
such as bonds, for example.

PART II
SUPPLEMENTARY RECORDS

79

LIVESTOCK ENTERPRISES

Cattle

Hogs

Poultry

Other

Value

Value

Value

Value

CREDITS

End of year inventory

$

i

$

i

$

i

$

i

Livestock sales

Livestock product sales

Home ronsumpHon

(n Total

CHARGES

Beginning of year inventory

DO/ J

Livestock purchased

(2) Total

(3) Gross Returns
(1) minus (2)

l_ .,., . .

Feed purchased

i
Value of home-grown feed

(4) Total feed cost

Returns over feed cost
(3) minus (4)

Returns per $100 of feed
(3) divided by (4) times 100

Other useful information which may be gathered from a detailed study of the records:

Litres of milk sold per cow

Pigs weaned per sow

Dozens of eggs produced per hen.

Mortality of laying hens as a percentage (number of deaths times 100 divided by the average number kept

during the year).

Mortality of chicks (number of deaths times 100 divided by the number started).

80

MAP OF THE FARM

Draw a plan of the farm using the most convenient scale. Number the fields and show their hectares.
Show location of buildings, fences, ditches, roads, pasture, woods, etc. Note the type of soil and any other
information that may be useful in the future.

CROP ROTATION PLAN

19.
19.
19.
19.
19.
19

Field

Field.

Field.

Field.

Field.

81

CROP RECORD

Crops

Variety

Hectare

Yield
per

Hectare

Total
Production

REMARKS*

Grains:
Wheat

Oats

Rarley

Mixed grain

Grain corn (shelled)

Other grain

Forages:
Alfalfa (no. of cuttings)

Mixed hay

Other hay

Orass silape

Corn silape

i

Other silape

i

Corn fodder

Other forage

Fruits:
Apples

Peaches

Other tree fruits

Small fruits

Vegetables:
Potatoes

Peas and beans

Sweet corn

Tomatoes

Other vegetables

Total (omit hay cut 2nd and 3rd time)

Hectares double cropped

Difference = hectares in crops

Hectares
Hectares
Hectares
Hectares

owned

Summerfallow

cash rented

Tillable pasture

share rented

Untillable pasture

rented out

Woods

Farmstead, roads, waste land

Total acres

Acres operated

A record of both the acreage and production of each crop should be made. After recording the hectares
in crops distribute the remaining land between summerfallow, pasture, woods, and farmstead and waste
land.

* This column may be used for noting the rate of seeding, fertilizer application, how crop is disposed
of or other records.

82

FOOD, FUEL AND DWELLING FURNISHED BY THE FARM

Month

Fuel

Milk

Cream and
Butter

Eegs

Poultry

Amount

Value

Amount

Value

Amount

Value

Amount

Value

Amount

Value

January

$

$

$

$

$

February

March

April

May

June

July

Aupust

September

October

November

December

Totals

ESTIMATED VALUE OF UNPAID FAMILY LABOR

Name

Period of Employment

Estimated
rate

of wages

Value

s

83

FOOD, FUEL AND DWELLING FURNISHED BY THE FARM

Beef and Veal

Pork

Other Livestock
Products

Potatoes

Fruit and Other
Vegetables

Annual Summary

Amount

Value

Amount

Value

Amount

Value

Amount

Value

Amount

Value

Kind

Amount

Value

$

s

s

$

$

Fuel

$

Milk

Cream and Butter

Epffs

Poultry

Beef and Veal

Pork

Other Livestock
Products

Potatoes

Fruit and Other
Vegetables

Annual Use
of House

TOTAL PERQUISITES

ESTIMATED COST OF BOARD FOR HIRED LABOR

Name

Period of Employment

Rate

Value

s

84

FARM BUDGET

Anticipated Farm Expenses

Amount

Expended current year
ending

Estimated next year
ending

1. Cash Operating Expense —

Feed Bought — For Cattle _
For Poultry.
For Hogs

Automobile & truck operating expense
Machinery Operating Expense

Other expense for Livestock and Poultry —

Veterinary medicines and disinfectants

Livestock registration and breeding fees

Litter, custom hatching, horseshoeing, etc.

Crop Expense —

Seed, plants, trees and binder twine_

Fertilizer, lime, spray material, etc.

Hired Labor — Number of months

Number of days

Heed Custom Work — Number of days

Repairs: machinery and equipment

Repairs: buildings, fences and wells

Miscellaneous Farm Expenses —

Electricity and telephone (farm share)

Taxes, building insurance and rent

Interest on notes or mortgage

Heating Fuel ,

Tools and Supplies
Other expense

Total Cash Operating Expense

2. Cash Capital Expense —

Livestock purchases

Machinery purchases

New buildings and building improvements

Rate.
Rate-
Rate.

Land purchased and land improvements (clearing, breaking, levelling,
drainage)

Total Cash Capital Expense.

Total Anticipated Cash Expenditure

85

FARM BUDGET

Anticipated Farm Receipts

AMOUNT

Anticipated

Average

Price

Received last year
ending

Estimated next year
ending

1. Cash Receipts —
Grain Sold

$

$

$

Other rrnps sold

Cattle sold

Hogs sold

D

Poultry and eggs sold

/ &6
Other Livestock Receipts —

Horses and colts

Sheep and lamhs

Fur animals, hees

Wool, fur, honey sold

Breedinp fees, hides, etc.

Milk sales

Cream or butter sales

Lumber, wood and travel sold

Maple products sold

Custom Work

Patronage dividends and bonuses

Miscellaneous Farm Receipts
Land rented

Machines rented

Prize money

Capital Grants, Subsidies

Other anticipated revenue

Total Cash Rereipts

2. Capital Sales —
Land sold

Buildings sold

Machinery and equipment sold

Total Cash Capital Sales

Total Anticipated Receipts

86

SUPPLEMENTARY NOTES

87

CASH INCOME TAX
STATEMENT OF FARMING INCOME AND EXPENSES

For the Period.

19.

-to.

.19.

NAME.

ADDRESS.

EXPENSES
Livestock Bought
Livestock Feed Bought
Other Expenses for Livestock
Crop Expenses

Machinery & Truck repairs, licenses, etc.
Building & Fence Repairs
Car Expenses
Labor Expenses
Interest Expenses
Utilities Expenses
Miscellaneous Expenses
Capital Cost Allowance
Allowance on Eligible Capital Property
Total Expenses

INCOME

Cattle Sales

Hog Sales

Poultry & Egg Sales

Milk & Cream Sales

Other Livestock & Livestock product

Sales

Custom Work

Patronage Dividends, Rebates &
Subsidies

Misc. Receipts

Other Receipts

Gross Income (Enter on page 2 of
your return)

Deduct Total Expenses

Excess of Income over Expenses -

(Enter this amount below)

Adjustments to Income

Excess Income over Expenses (if partnership enter only your share %)

Add: (a) Your own salary or wages if included in expenses

(b) Non-allowance expenses such as donations (deductible on page 4 of
your return) wages to spouse

(c) Cost of saleable products consumed

(d) Personal or non-business portion of automobile or other
expenses included above

Income from farming (if proprietorship on page 2 of your return)

Deduct other allowable expenses not included above but deductible from your
share of partnership income (Specify)

Income from farming (if a partnership, enter this amount on page 2 of your return)

88

CASH INCOME TAX
STATEMENT OF FARMING INCOME AND EXPENSES

For the Period.

19.

-to.

.19.

NAME

ADDRESS.

EXPENSES
Livestock Bought
Livestock Feed Bought
Other Expenses for Livestock
Crop Expenses

Machinery & Truck repairs, licenses, etc.
Building & Fence Repairs
Car Expenses
Labor Expenses
Interest Expenses
Utilities Expenses
Miscellaneous Expenses
Capital Cost Allowance
Allowance on Eligible Capital Property
Total Expenses

INCOME

Cattle Sales

Hog Sales

Poultry & Egg Sales

Milk & Cream Sales

Other Livestock & Livestock product

Sales

Custom Work

Patronage Dividends, Rebates &
Subsidies

Misc. Receipts

Other Receipts

Gross Income (Enter on page 2 of
your return)

Deduct Total Expenses

Excess of Income over Expenses -

(Enter this amount below)

Adjustments to Income

Excess Income over Expenses (if partnership enter only your share %)

Add: (a) Your own salary or wages if included in expenses

(b) Non-allowance expenses such as donations (deductible on page 4 of
your return) wages to spouse

(c) Cost of saleable products consumed

(d) Personal or non-business portion of automobile or other
expenses included above

Income from farming (if proprietorship on page 2 of your return)

Deduct other allowable expenses not included above but deductible from your
share of partnership income (Specify)

Income from farming (if a partnership, enter this amount on page 2 of your return)

CONVERSION FACTORS

Approximate

.

conversion

Metric units

factors

Results in:

LINEAR

millimetre (mm)

x0.04

inch

centimetre (cm)

x0.39

inch

metre (m)

x3.28

feet

kilometre (km)

x 0.62

mile

AREA

square centimetre (cm2)

x0.15

square inch

square metre (m2)

x 1.2

square yard

square kilometre (km2)

x0.39

square mile

hectare (ha)

x 2.5

acres

VOLUME

cubic centimetre (

cm3)

x 0.06

cubic inch

cubic metre (m3)

x 35.31

cubic feet

x 1.31

cubic yard

CAPACITY

litre (L)

x 0.035

cubic feet

hectolitre (hL)

x22

gallons

x 2,5

bushels

WEIGHT

gram (g)

x0.04

oz avdp

kilogram (kg)

x 2.2

lb avdp

tonne (t)

x 1.1

short ton

AGRICULTURAL

litres per hectare (L/ha)

x 0.089

gallons per acre

x 0.357

quarts per acre

x 0.71

pints per acre

millilitres per hectare (mL/ha) x 0.014

fl. oz per acre

tonnes per hectare

(t/ha)

x0.45

tons per acre

kilograms per hectare (kg/ha)

x0.89

lb per acre

grams per hectare

(g/ha)

x 0.014

ozavdp per acre

plants per hectare

(plants/ha)

x 0.405

plants per acre

IBRARY / BIBIIOTHEQUE

AGRICULTURE CANADA OTTAWA K1A 0C5

3 TD73 0000fl53c1 1

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