FARM ACCOUNTING: A STUDY OVER SMALL TEA GARDENS IN ASSAM
Importance of accounting-based information in making economic decisions cannot be over emphasized. Farm accounting also provides useful information which may be used in making economic decisions by the farmers. But maintenance of formal accounts by agricultural farms in India is a rare practice except by agro-based joint stock companies like tea companies. Present study is undertaken to study the existing record keeping system as practiced by small tea gardens of Assam. It is found that small tea growers make little use of accounting. A concerted effort by the Tea Board, Tea Association and Bank officials can streamline the accounts keeping system by the small tea growers who are significantly contributing to the State Domestic Product.