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C 245.7 522 8-1522 Texas Agricultural Extension Service ......,.......-PM,P~ H~~PM'p~-----------Financial Record -Agricultur~e -LI~ R ARY MAR 3 11986 Texas A&M University • Texas Agr'~ / ral EX~dnsion Service. Zerle L. Carpenter, Director. The Texas A&M University System. College Station, Texas FINANCIAL RECORD-AGRICULTURE SECTION I-LOAN APPLICATION Date ____________________ _ APPLICANT(S) . ......... .. Name _____________________ Telephone ___________ _ Address ______________________________________________________________ ___ Married: yes 0 no 0 Wife's Name __________________ _ Age ___ _ Boys Ages: No. of Dependents Girls Farming Experience: Total __________ yrs. Present Farm ____ -::--____ yrs. LOAN REQUEST .. ....... . . Amount $ ________________ Maturity ______________ _ Purpose __________________________________ ___ Collateral Offered ________________________________ _ Repayment Plan _________________________________ ___ Comments __________________________________ ___ FARM OPERATED ......... Location __________________________________________________ _ (Owned) (Rented) Total Acres _______________ __ Tillable _____ _ Other ______ _ Landlord: Name ___________________________________________ _ Address _______________________________ _ Annual Cash Lease Expires ______________ 19 __ Rent $ _________ _ Major Product(s) Sold _______________________________ _ Contracts for Sale of Products _________________ ~-~-~~-~~~~~--------(To whom and terms of contract) FINANCIAL FACTORS ...... Checking Account: Amount $ ______ _ Bank ________________________________ _ Savings Account: Amount $ _______ _ Bank __ ~---------------Contingent Liabilities $ _______ _ Explain ______ ~----~------------_:__-------------------Pending Judgments or Lawsuits Explain _________ ---=---'-________________________ _ REFERENCES .... . ........ Credit ____ ----;-:-:----:-______________ ----:-=-;-:-_-:---____________ _ (Name) (Address) Business ____ ~-_:___--------------~~~_:___----------(trade) (Name) (Address) Personal ____ ~-~--------------~~ __ ~-------------(Name) (Address) REMARKS .. ..... .... .... _________________________________ _ I (we) the undersigned certify that the foregoing statement and representations constitute to the best of my (our) knowledge true and correct statements. Date signed _________________ Signature ________________________ ---. SECTION II-FINANCIAL STATEMENT Financial Statement of: ame ________________________________________ __ Address ______________________________________ ___ TO: ASSETS CURRENT Cash on Hand $ Cash on Deposit (Bank ) Notes Receivable (Sched. A) Accounts Receivable (Sched. A) Livestock Held for Sale (Sched. B) Crops Held for Sale and Feed (Sched. C) Cash Investment in Growing Crops (Sched. C) Securities (Marketable) (Sched. D) Cash Surrender Value of Life Insurance (Sched. E) Other (Specify) TOTAL CURRENT $ INTERMEDIATE Autos and Trucks (Net) (Sched. F) $ Machinery and Equipment (Net) (Sched. F) Breeding and Dairy Livestock (Sched. B) Securities (Not readily marketable) (Sched. D) Other (Specify) TOTAL INTERMEDIATE $ FIXED Farmland (Sched. G) $ Farm Improvements (Net) (Sched. G) Nonfarm Real Estate (Sched. H) Household Furnishings Other (Specify) TOTAL FIXED $ TOTAL ASSETS $ GENERAL INFORMATION 1. Insurance a. Real and Pef:sonal Property __________________ _ b. Liability ________________________________ _ c. Workmen's Compensation _____________________ _ d. Other-------------------------------------2. Taxes a. Personal Property _________________________ ___ b. Real Estate _______________________________ _ c. Income ____________________________ _ Major Enterprise(s) ____________________________ _ Statement Date _____________ 19 __ _ LIABILITIES CURRENT Notes Payable to Our Bank (Sched. I) $ Notes Payable to · Relatives (Sched. I) Notes Payable to Others (Sched. I) Accounts Payable (Sched. I) Portion of Intermediate·Term Debt Due Within 12 Months (Sched. J) Portion of Long-Term Debt Due Within 12 Months (Sched. K) Rent, Taxes, and Interest Due and Unpaid Loans Against Cash Surrender Value of Life Insurance ___ _ Other Debt Due Within 12 Months TOTAL CURRENT $ ___ _ INTERMEDIATE-TERM Notes Payable to Our Bank Notes Payable to Others (Sched. J) $ ___ _ (Sched. J) Maturities of over 1 but under 10 years for other than seasonal needs-less portion applied to current liabilities. TOTAL INTERMEDIATE-TERM $ ___ _ LONG-TERM Mortgages on Farm Real Estate (Less portion applied to current liabilities) Mortgages on Other Real Estate (Less portion applied to current liabilities) (Sched. K) $ ___ _ (Sched. K) Other (Specify) ______________ _ TOTAL LONG-TERM $ __ _ TOTAL LIABILITIES $ ___ _ NET WORTH* $ ___ _ TOTAL LIABILITIES & NET WORTH $ ___ _ • Net worth resulting from upward reevalua-tion of fixed assets ($ ) SECTION III-SUPPORTING SCHEDULES A. RECEIVABLES Amount Date .I Type From Whom Original Present Due Collateral $ $ Notes , .............. TOTAL 1$ 1$ Accounts TOTAL $ $ ! B. LIVESTOCK No. Description Value Per Total Value Unit $ $ Held for Sale Total $ "-J ............ . . $ $ Held for Breeding (Including Dairy) Total $ C. CROPS Units Description Value Per Total Unit Value $ $ Held for Sale or Feed Total 1$ Acres I nvestment to Date ... . .. .. ...... $ Growing Total $ D. SECURITIES Present Amount Description Total Pledged Owed Value $ $ Marketable Total $ $ . ..... . ....... Nonmarketable I Total $ $ E. LIFE INSURANCE (OWNED) Face Present Annual Amount I Value Company Insured Cash Surrender Premium Pledged Owed Value $ $ $ $ \ $ Total $ $ $ Section III-Supporting Schedules (continued) F. MACHINERY AND EQUIPMENT (MAJOR ITEMS) Article Year Cost Accumulated Present Purchased Depreciation Value $ $ $ Auto Truck Total $ $ $ $ $ $ . . ...... . . . . . . All Other Total $ $ $ G. FARMLAND AND IMPROVEMENTS Date Description Purchase Present Title Purchased Cost Value $ $ Land Total $ $ Cost of Accumulated Present ................ Improvements Depreciation Value $ $ $ Improvements (Farm Structures) Total $ $ $ H. NONFARM REAL ESTATE Date Description Purchase Present Title Purchased Cost Value $ $ Total $ $ I. NOTES AND ACCOUNTS PAYABLE Date Original Balance Holder Terms Originated Amount Due Collateral Repayment $ $ Notes Total $ $ Amount To Whom Repayment Arrangements Due . . . .. . . . . . ..... $ Accounts :' $ Total J. INTERMEDIATE·TERM LIABILITIES Date Original Balance Holder Purpose Originated Amount Due $ $ ~ Total $ $ K. LONG·TERM LIABILITIES Date Original Balance Holder Repayment Originated Amount Due Arrangements " $ $ Total $ $ Other Total $ $ SECTION IV-PROFIT AND LOSS STATEMENT Statement of: ______________________ _ Period Covered: Address ______________________ _ Prepared for: ______________________ _ _ ____ 19 __ through _____ 19_ RECEIPTS Gross from Sale of Livestock and Livestock Products (describe): Units $_----Subtotal Livestock $ ____ _ Gross from Sale of Crops (describe): ( $_----Subtotal Crops $ ____ _ Other from Farming (describe): $_----Subtotal Other $ ____ _ Gross Receipts From Farming. . . . . . . .. $ ____ _ Adjustments for Change in Inventory: Beginning Inventory Ending Inventory Net Change (±) Feed Market Livestock Supplies $----$----$----$----$----$----(Plus if increased, minus if decreased) Adjustments for Capital Items: Machinery and Equipment Breeding Livestock Improvements Beginning Inventory $ _____ $ _____ $ ____ _ Plus: Purchases Less: Ending Inventory Sales OPERATING EXPENSES Feeder Livestock Purchased Feed Purchased Hired Labor Fertilizer and Lime Pesticides Seeds and Plants Purchased Machine Hire Machinery Maintenance and Repairs Fuel and Oil $-----Livestock Expenses (breeding, veterinary, medicine) ____ -4oJ.,,1 Maintenance and Repairs (other than machinery) ____ _ Rent and Leases Utilities (farm share) Taxes and Insurance (farm share) Fa rm Interest Other Cash Expenses (specify): Total Cash Operating Expenses .... . .. . . . . $ ____ _ Net Cash Income From Operation ......... $. ____ _ (±)$----Net Operating Profit . . . . . . . . . . . . . . . . . . .. $ ____ _ Net Change (±) $.......;...--- $----$---- = ...... . ... . ........ . ... . ... . .. ... . . (±)$-----Information Only Depreciation taken this year: Machinery and Equipment $ ____ _ Breeding Livestock Improvements Total Annual Nonfarm Income: $-----$-----Profit (Loss) From Operation ... . ..... . ... $========== COMMENTS Educational programs conducted by the Texas Agricultural Extension Service serve people of all ages regardless of socioeconomic level, race, color, sex, religion, handicap or national origin. Issued in furtherance of Cooperative Extension Work in Agriculture and Home Economics, Acts of Congress of May 8, 1914, as amended, and June 30, 1914, in cooperation with the United States Department of Agriculture. Zerle L. Carpenter, Director, Texas Agricultural Extension Service, The Texas A&M University System. 3M-10-84, Reprint ECO 6 

Financial Record -- Agriculture.

Texas A&M University

C 
245.7 
522 
8-1522 
Texas Agricultural Extension Service 
......,.......-PM,P~ H~~PM'p~-----------
Financial Record 
-Agricultur~e -
LI~ R ARY 
MAR 3 11986 
Texas A&M University 
• 
Texas Agr'~ / ral EX~dnsion Service. Zerle L. Carpenter, Director. The Texas A&M University System. College Station, Texas 
FINANCIAL RECORD-AGRICULTURE 
SECTION I-LOAN APPLICATION Date ____________________ _ 
APPLICANT(S) . ......... .. Name _____________________ Telephone ___________ _ 
Address ______________________________________________________________ ___ 
Married: yes 0 
no 0 
Wife's Name __________________ _ 
Age ___ _ 
Boys 
Ages: 
No. of Dependents Girls 
Farming Experience: Total __________ yrs. Present Farm ____ -::--____ yrs. 
LOAN REQUEST .. ....... . . Amount $ ________________ Maturity ______________ _ 
Purpose __________________________________ ___ 
Collateral Offered ________________________________ _ 
Repayment Plan _________________________________ ___ 
Comments __________________________________ ___ 
FARM OPERATED ......... Location __________________________________________________ _ 
(Owned) (Rented) 
Total Acres _______________ __ Tillable _____ _ 
Other ______ _ 
Landlord: Name ___________________________________________ _ 
Address _______________________________ _ 
Annual Cash 
Lease Expires ______________ 19 __ Rent $ _________ _ 
Major Product(s) Sold _______________________________ _ 
Contracts for Sale 
of Products _________________ ~-~-~~-~~~~~--------
(To whom and terms of contract) 
FINANCIAL FACTORS ...... Checking Account: Amount $ ______ _ Bank ________________________________ _ 
Savings Account: Amount $ _______ _ Bank __ ~---------------
Contingent Liabilities $ _______ _ 
Explain ______ ~----~------------_:__-------------------
Pending Judgments or Lawsuits 
Explain _________ ---=---'-________________________ _ 
REFERENCES .... . ........ Credit ____ ----;-:-:----:-______________ ----:-=-;-:-_-:---____________ _ 
(Name) (Address) 
Business ____ ~-_:___--------------~~~_:___----------(trade) (Name) (Address) 
Personal ____ ~-~--------------~~ __ ~-------------(Name) (Address) 
REMARKS .. ..... .... .... _________________________________ _ 
I (we) the undersigned certify that the foregoing statement and representations constitute to the best of my (our) knowledge true 
and correct statements. 
Date signed _________________ Signature ________________________ ---
. 
SECTION II-FINANCIAL STATEMENT 
Financial Statement of: 
ame ________________________________________ __ 
Address ______________________________________ ___ 
TO: 
ASSETS 
CURRENT 
Cash on Hand $ 
Cash on Deposit (Bank ) 
Notes Receivable (Sched. A) 
Accounts Receivable (Sched. A) 
Livestock Held for Sale (Sched. B) 
Crops Held for Sale and Feed (Sched. C) 
Cash Investment in Growing Crops (Sched. C) 
Securities (Marketable) (Sched. D) 
Cash Surrender Value 
of Life Insurance (Sched. E) 
Other (Specify) 
TOTAL CURRENT $ 
INTERMEDIATE 
Autos and Trucks (Net) (Sched. F) $ 
Machinery and Equipment (Net) (Sched. F) 
Breeding and Dairy Livestock (Sched. B) 
Securities (Not readily marketable) (Sched. D) 
Other (Specify) 
TOTAL INTERMEDIATE $ 
FIXED 
Farmland (Sched. G) $ 
Farm Improvements (Net) (Sched. G) 
Nonfarm Real Estate (Sched. H) 
Household Furnishings 
Other (Specify) 
TOTAL FIXED $ 
TOTAL ASSETS $ 
GENERAL INFORMATION 
1. Insurance 
a. Real and Pef:sonal Property __________________ _ 
b. Liability ________________________________ _ 
c. Workmen's Compensation _____________________ _ 
d. Other-------------------------------------
2. Taxes 
a. Personal Property _________________________ ___ 
b. Real Estate _______________________________ _ 
c. Income ____________________________ _ 
Major Enterprise(s) ____________________________ _ 
Statement Date _____________ 19 __ _ 
LIABILITIES 
CURRENT 
Notes Payable to Our Bank (Sched. I) $ 
Notes Payable to · Relatives (Sched. I) 
Notes Payable to Others (Sched. I) 
Accounts Payable (Sched. I) 
Portion of Intermediate·Term Debt 
Due Within 12 Months (Sched. J) 
Portion of Long-Term Debt Due 
Within 12 Months (Sched. K) 
Rent, Taxes, and Interest Due and Unpaid 
Loans Against Cash Surrender Value of Life Insurance ___ _ 
Other Debt Due Within 12 Months 
TOTAL CURRENT $ ___ _ 
INTERMEDIATE-TERM 
Notes Payable to Our Bank 
Notes Payable to Others 
(Sched. J) $ ___ _ 
(Sched. J) 
Maturities of over 1 but under 10 years for 
other than seasonal needs-less portion 
applied to current liabilities. 
TOTAL INTERMEDIATE-TERM $ ___ _ 
LONG-TERM 
Mortgages on Farm Real Estate 
(Less portion applied to 
current liabilities) 
Mortgages on Other Real Estate 
(Less portion applied to 
current liabilities) 
(Sched. K) $ ___ _ 
(Sched. K) 
Other (Specify) ______________ _ 
TOTAL LONG-TERM $ __ _ 
TOTAL LIABILITIES $ ___ _ 
NET WORTH* $ ___ _ 
TOTAL LIABILITIES & NET WORTH $ ___ _ 
• Net worth resulting from upward reevalua-
tion of fixed assets ($ ) 
SECTION III-SUPPORTING SCHEDULES 
A. RECEIVABLES 
Amount Date 
.I Type From Whom Original Present Due Collateral $ $ 
Notes , 
.............. 
TOTAL 1$ 1$ 
Accounts 
TOTAL $ $ ! 
B. LIVESTOCK 
No. Description Value Per Total Value Unit 
$ $ 
Held for Sale 
Total $ "-J 
............ . . 
$ $ 
Held for 
Breeding 
(Including 
Dairy) 
Total $ 
C. CROPS 
Units Description Value Per Total Unit Value 
$ $ 
Held for Sale 
or Feed 
Total 1$ 
Acres I nvestment to Date 
... . .. .. ...... $ 
Growing 
Total $ 
D. SECURITIES 
Present Amount Description Total Pledged Owed Value 
$ $ 
Marketable 
Total $ $ 
. ..... . ....... 
Nonmarketable 
I 
Total $ $ 
E. LIFE INSURANCE (OWNED) 
Face Present Annual Amount I Value Company Insured Cash Surrender Premium Pledged Owed Value 
$ $ $ $ \ 
$ Total $ $ $ 
Section III-Supporting Schedules (continued) 
F. MACHINERY AND EQUIPMENT (MAJOR ITEMS) 
Article Year Cost Accumulated Present Purchased Depreciation Value 
$ $ $ 
Auto Truck 
Total $ $ $ 
$ $ $ 
. . ...... . . . . . . 
All Other 
Total $ $ $ 
G. FARMLAND AND IMPROVEMENTS 
Date Description Purchase Present Title Purchased Cost Value 
$ $ 
Land 
Total $ $ 
Cost of Accumulated Present 
................ 
Improvements Depreciation Value 
$ $ $ 
Improvements 
(Farm 
Structures) 
Total $ $ $ 
H. NONFARM REAL ESTATE 
Date Description Purchase Present Title Purchased Cost Value 
$ $ 
Total $ $ 
I. NOTES AND ACCOUNTS PAYABLE 
Date Original Balance Holder Terms Originated Amount Due Collateral Repayment 
$ $ 
Notes 
Total $ $ 
Amount To Whom Repayment Arrangements Due 
. . . .. . . . . . ..... 
$ 
Accounts 
:' $ Total 
J. INTERMEDIATE·TERM LIABILITIES 
Date Original Balance Holder Purpose Originated Amount Due 
$ $ 
~ 
Total $ $ 
K. LONG·TERM LIABILITIES 
Date Original Balance Holder Repayment Originated Amount Due Arrangements 
" 
$ $ 
Total $ $ 
Other 
Total $ $ 
SECTION IV-PROFIT AND LOSS STATEMENT 
Statement of: ______________________ _ Period Covered: 
Address ______________________ _ 
Prepared for: ______________________ _ 
_ ____ 19 __ through _____ 19_ 
RECEIPTS 
Gross from Sale of Livestock and Livestock Products (describe): 
Units 
$_----
Subtotal Livestock $ ____ _ 
Gross from Sale of Crops (describe): 
( $_----
Subtotal Crops $ ____ _ 
Other from Farming (describe): 
$_----
Subtotal Other $ ____ _ 
Gross Receipts From Farming. . . . . . . .. $ ____ _ 
Adjustments for Change in Inventory: 
Beginning Inventory 
Ending Inventory 
Net Change (±) 
Feed 
Market 
Livestock Supplies 
$----$----$----
$----$----$----
(Plus if increased, minus if decreased) 
Adjustments for Capital Items: 
Machinery and 
Equipment 
Breeding 
Livestock Improvements 
Beginning Inventory $ _____ $ _____ $ ____ _ 
Plus: Purchases 
Less: Ending Inventory 
Sales 
OPERATING EXPENSES 
Feeder Livestock Purchased 
Feed Purchased 
Hired Labor 
Fertilizer and Lime 
Pesticides 
Seeds and Plants Purchased 
Machine Hire 
Machinery Maintenance and Repairs 
Fuel and Oil 
$-----
Livestock Expenses (breeding, veterinary, medicine) ____ -4oJ.,,1 
Maintenance and Repairs (other than machinery) ____ _ 
Rent and Leases 
Utilities (farm share) 
Taxes and Insurance (farm share) 
Fa rm Interest 
Other Cash Expenses (specify): 
Total Cash Operating Expenses .... . .. . . . . $ ____ _ 
Net Cash Income From Operation ......... $. ____ _ 
(±)$----
Net Operating Profit . . . . . . . . . . . . . . . . . . .. $ ____ _ 
Net Change (±) $.......;...--- $----$---- = ...... . ... . ........ . ... . ... . .. ... . . (±)$-----
Information Only 
Depreciation taken this year: 
Machinery and Equipment $ ____ _ 
Breeding Livestock 
Improvements 
Total 
Annual Nonfarm Income: 
$-----
$-----
Profit (Loss) From Operation ... . ..... . ... $========== 
COMMENTS 
Educational programs conducted by the Texas Agricultural Extension Service serve people of all ages regardless of socioeconomic 
level, race, color, sex, religion, handicap or national origin. 
Issued in furtherance of Cooperative Extension Work in Agriculture and Home Economics, Acts of Congress of May 8, 1914, as 
amended, and June 30, 1914, in cooperation with the United States Department of Agriculture. Zerle L. Carpenter, Director, Texas 
Agricultural Extension Service, The Texas A&M University System. 
3M-10-84, Reprint ECO 6 


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Financial Record -- Agriculture.

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