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9781330145630: Simple Farm Accounts: A Text Book and Guide (Classic Reprint)

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Excerpt from Simple Farm Accounts: A Text Book and Guide

The average farm business is not large enough to justify the employment oi. A bookkeeper. Nevertheless, on account of the fact that farm business is more complicated than almost any other, the necessity for records is very great. Nearly every business maintains complete records of its transactions in order that the relation of various items of expense to the income may be studied and any leaks or unprofitable operations may be stopped. Certain enterprises within the business may show decided profits or excessive losses over a considerable period of time and therefore it may be desirable to increase or decrease such enterprises.

Again, the relation oi. The combination of enterprises of any business must be fully known for it frequently happens that one or more parts of the business may be unprofitable while at the same time if these were discontinued even a greater loss to the entire business would be sustained. This is illustrated in some farming communities where dairying is conducted. A cost account study of the dairy industry sometimes shows a loss while the entire farm is operated more profitably with dairying included in the business than when it is left out. This is often due to better use of labor over the whole year which is required whether dairying is conducted or not.

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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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  • EditoreForgotten Books
  • Data di pubblicazione2019
  • ISBN 10 1330145631
  • ISBN 13 9781330145630
  • RilegaturaCopertina flessibile
  • LinguaInglese
  • Numero di pagine110

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Rex E. Willard
Editore: Forgotten Books, 2018
ISBN 10: 1330145631 ISBN 13: 9781330145630
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Paperback. Condizione: New. Print on Demand. This book delves into the intricacies of farm accounting, offering a comprehensive guide for farmers seeking to understand and manage their financial affairs. Rooted in the early 20th-century agricultural landscape, the author recognizes the challenges faced by farmers in maintaining accurate records and provides a practical, single-entry bookkeeping system tailored to their needs. The text covers a wide range of topics, from defining key accounting terms and classifying accounts to detailing income and expenses related to crops, livestock, machinery, and labor. It emphasizes the importance of inventories and depreciation in assessing true profitability, and offers insights into analyzing the farm business as a whole. The author underscores the distinction between accounting for tax purposes and for understanding the farm's overall financial health. By providing clear explanations and illustrative examples, this book empowers farmers to make informed decisions about their operations, ultimately leading to improved efficiency and profitability. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Codice articolo 9781330145630_0

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Rex E. Willard
Editore: Forgotten Books, 2019
ISBN 10: 1330145631 ISBN 13: 9781330145630
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