. Elements of farm practice. Agriculture. 342 ELEMENTS OF FARM PRACTICE The foregoing is a complete business statement except the opening and closing inventory. These were left out to simplify the account. To put them in, one would simply put in the debit column the value of the cow at the begin- ning of the year and in the credit column her value at the close of the year. Interest on Investment.—To get this item we simply assumed the cow to be worth $ and figured 6% on this amount. Feed.—The cow was fed in the stall for seven months, during which time she ate 301 lbs. of farm grain and 4
. Elements of farm practice. Agriculture. 342 ELEMENTS OF FARM PRACTICE The foregoing is a complete business statement except the opening and closing inventory. These were left out to simplify the account. To put them in, one would simply put in the debit column the value of the cow at the begin- ning of the year and in the credit column her value at the close of the year. Interest on Investment.—To get this item we simply assumed the cow to be worth $ and figured 6% on this amount. Feed.—The cow was fed in the stall for seven months, during which time she ate 301 lbs. of farm grain and 442 lbs. of mill feed, worth $, and 1,496 lbs. of hay and 3,330 lbs. of fodder, worth $ She was pastured for five months and was charged for this at the rate of $ per month, which is the ordinary charge for pasturing. Labor.—The laljor includes all time spent in milking and caring for the cow and in marketing the product. As the milk was shipped, it had to be delivered to the sta- tion every day, which work re- cjuired considerable time for both man and team, all of which must be accounted for. Miscellaneous Expenses.—The item for miscellaneous expense is the actual wear and tear on dairy equipment, cost of medicine, etc. Profit.—The net profit appears very low; but in reality it is not bad at all, since every bit of work done and feed fed was, paid for in full and a fair rate of interest has been paid on money invested in the cow and in the buildings. There is an additional profit to the farm by keeping live stock, as most of the fertilizing value of feeds fed is retained on the farm in the form of manure. The manure produced by a cow in one year is worth several dollars to the Figure 151.—Weighing Please note that these images are extracted from scanned page images that may have been digitally enhanced for readability - coloration and appearance of these illustrations may not perfectly resemble the original Wilson, Archie Dell, 1
Size: 1223px × 2043px
Photo credit: © Paul Fearn / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookcentury1900, bookdecade1910, booksubjectagriculture, bookyear
