Other Form of Name

Thomson, E. H. (Edward H.)

Document Type

Article

Publication Date

1920

Abstract

Adequate records are necessary to the efficient management of any business. The farmer, to be successful, must be a business man as well as a grower of crops and producer of livestock. As a business man he should have suitable business records. Farmers, as a rule, are highly individualistic in their methods, and farm business conditions vary widely. Accordingly, ready-made systems of farm accounts seldom bring out all the facts that the farmer ought to know. Systems must be developed to fit each man's requirements, and efforts to shape one's needs according to a prepared system not based primarily on these needs will almost inevitably result in failure. Getting a knowledge of accounting principles is the first and most important step toward establishing an accounting system suited to one's individual needs. There are many degrees in farm accounting, from the simple to the extended and complex, but it is obviously impossible to discuss them all in a single bulletin. It is the purpose of this bulletin merely to outline the principles of simple farm bookkeeping.

Relational Format

article

Series Title

Farmer's bulletin (United States. Dept. of Agriculture) no. 511

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