Page 325 - Primary Six Notes

Farm Records

These are written account/documents of the activities on the

farm.

Importance of Keeping Farm Records

 To help the farmer know whether he is making profits or

losses

 For fair assessment of taxes

 To enable the farmer to make decisions

 In case they are more than one farm owner, it helps all mem-

bers to share property equally

 To enable the farmer know the history of the farm

 Helps the farmer to plan and budget for the farm

Livestock Expense Record
List all expenses relating to your livestock project(s). Include purchase cost of animal(s), cost
of minerals, feed and hay; cost of vaccinations; show equipment and supplies, veterinary visits, etc.
Expense Item $ Amount
Date Description Feed Supplies Medical Other

Total Project(s) Expenses= $
Net Profit or Loss
(Total Income Minus Total Expenses.) $