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Agriculture for Secondary Schools
Since the building was three years old, total depreciation was TZS 325,000 x 3 =
975,000 and value of the livestock house was therefore, TZS 4,500,000 − 975,000
= 3,525,000.
(b) Determine the value of each of the rest of the assets and finally write down the
inventory and valuation as shown in Figure 14.3.
Juhudi Farm
Inventory and valuation as at 31 December, 2019
st
Item Unit value (TZS) Value (TZS)
Cash in hand 150,000.00
Cash in bank 2,100,552.55
Buildings
Livestock house 3,525,000.00
Livestock
500 broiler chicken @ TZS 3,000 1,500,000.00
300 layer chicken @ TZS 10,000 3,000,000.00
35 goats @ TZS 30,000 1,050,000.00
Total livestock 5,550,000.00
Livestock feeds
5 bags broiler finisher @ TZS 61,500 307,500.00
7 bags layer grower mash @ TZS 49,500 346,500.00
Total livestock feeds 654,000.00
Seeds
16 packets sweet pepper seed @ TZS 800,000.00 800,000.00
50,000
Fertilisers
2 bags phosphatic fertiliser @ TZS 130,000.00 130,000.00
65,000
Total 12,909,552.55
Figure 14.3: Juhudi’s farm inventory and valuation
Student’s Book Form Three
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10/01/2025 12:32
AGRICULTURE FORM 3 9.11.2022.indd 312
AGRICULTURE FORM 3 9.11.2022.indd 312 10/01/2025 12:32
