The daily star-mirror. (Moscow, Idaho) 1911-1939, 1921-02-23
TEACH BOOKKEEPING
AT FARMERS SCHOOL
FARM BUREAU WILL DO IN
STRUCTION WORK IN BOOK
KEEPING NEXT WEEK.
Farm Accounting School

The farm bureau has arranged tc
hold one day farm accounting anc
farm management school at the Farm
Crops laboratory, Morrill, Hall, Uni
versity of Idaho, Moscow, Wednes-
day, March 2, 1921. The school will
start promptly at 9:3O A. M. The
school will be conducted by c. C. Tay-
lor, farm management demonstration
of the Extension Division of the Uni
versity of Idaho, and is for the pur-
pose of giving detailed instruction in
keeping the farm account book so
that the tanner will be able, without
further assistance, to keep his record,
summarize it at the end of the year,
make an analysis of his business in
order to determine how to make it
more and more efficient and also de-
termine the net profit to report in
making income tax returns when
necessary.
Plan of the School
Up to about fifty persons can be
instructed at this school. Tables for
all will be provided at the meeting
place. Each person will be given a
farm account book. The instructor
will explain the makeup of the book,
few reasons for keeping it, and
then start with the work of entering
record in the book A complete
record for farm, typical of this sec
ton, will be used. The items will be
copied by the farmers as the instruc-
tor reads them so that when the book
is finished the farmer will have
sample of a typical record. Each
item will be carefully explained as it
it is read. Careful attention will be
given to see that each person enters
correctly all of the items Questions
concerning the various items will be
discussed and answered as they are
brought up.
The information required in such
record consists of:
l. The value of the livestock, feed,
grain, and supplies at the beginning
of the year determined by careful
inventory.
2. The depreciation account of
farm equipment including, machinery,
buildings, and other improvements
based on the cost of the equipment
and it's length of useful life.
8. The cash farm receipts for the
year.
4. The cash farm expenses for the
year.
5. The value of the livestock, feed, |
grain and supplies at the end of the |
year as determined by careful in
yentory.
Careful attention will be given to
he summarizes and the analysis
sheet because it is in these that the |
'eal value of the book lies. When the
,ook is complete, each person will be
given another book in which he can
,eep his record for the coming year.
Time will be allowed to help those in
to start their books for
he coming year.
Since the items in the record will
ouch all parts of the farm, there will
e a chance to bring up for discus
ion any point of interest in the farm
ng business. The chief among these
re choice Of enterprise, farm lay
ut, cost of production, relative tract
r and horse costs, and income tax.
rom four to six hours will be re-
uired to complete the work in the
lost satisfactory way. 1t is for this
eason that all must. be sure to be at !
he appointed place promptly at $50
!. M. One hour will be taken at
oon for lunch.
All who wish to attend the school .
hould telephone to County Agent 0.
. Fletcher or to George Sievers, Sec !
stary of the farm bureau, and enroll /,
$ soon as possible. Not over fifty ;
IN be accommodated at the school, !
nd the first fifty to enroll will get
attend.
A similar school will be held at the +
merican Legion hall in Genesee on
-onday, February 28 Arrangements
n the Genesee school are in the | :
ands of R. E. Nordby, chairman of :
lie farm bureau of that community, /
I'd all who wish to attend the Gene \
'e school should telephone to Mr..
ordby.