DONATED FARM STORES RECEIVED REGISTER - 10822-1-Feb-1965

(Revised: 02/1965)

Priced Stock Received Reports for all donated items for farming and processing enterprises will be recorded in the Donated Farm Stores Received Register during the fiscal year (see SAM Section 10822). As of June 30 the total net value (fair value less charges) of such items issued during the year will be determined from this register in order to prepare the Worksheet–Farming and Processing Operating Expenses (see SAM Section 10990). Only Stock Received Reports for donated items for farming and processing enterprises will be priced and recorded in this register. The register is illustrated below.


DONATED FARMS STORES RECEIVED REGISTER

Stock Received Report Number

Fair Value ($)

Charges ($)

203

100

10

900

75

10

954

500

55

1299

200

30

TOTALS

1000

120



Average Charge Percentage:

$120 ÷ $1,000 = 12%

Net Value of Donations Received:

$1,000 - $120 = $880

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