Farm Record Book. Part 2, Inventory

Part II (Inventory) includes provisions for maintaining seven-year depreciation schedules and inventories for various areas of investment in the farm business. These areas include: inventory of farm machinery and equipment (Form 9), inventory of farm real estate (Form 10), inventory of purchased dairy, breeding and works tock (Form 11), inventory of all livestock (Form 12) and inventory of crops, feed, seed and supplies (Form 13). A summary of inventory increases and decreases (Form 14) is provided for use in determining inventory changes and total average investment. Worksheets for calculating net worth (Form 15) and for estimating the value of farm products used in the home (Form 16) are located in the back of this book...