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We have seen the example of expenditure and income (in terms of polynomials) of Govind who is a dry land farmer. He has borrowed rupees one lakh twenty-five thousand from the bank as an agriculture loan and repaid the said loan at 10 p.c.p.a. He had spent Rs 10,000 on seeds. The expenses on soyabean crop was Rs 2000x for fertilizers and pesticides and Rs 4000x2 was spent on wages and cultivation. He spent Rs 8000y on fertilizers and pesticides and Rs 9000y2 on cultivation and wages for cotton and tur crop. 

His total income was Rs(14000x2 + (25000/3)y2 + 16000y) 

By taking x = 2, y = 3 write the income expenditure account of Govind’s farming.

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Credit (Income)

Rs 1,25,000 Bank loan
Rs 56000 Income from soyabean
Rs 75000 Income from cotton
Rs 48000 Income from tur
Rs 304000 Total income

Debit (Expenses)

Rs 1,37,000 loan paid with interest for seeds
Rs 10000 For seeds
Rs 4000 Fertilizers and pesticides for soyabean
Rs 16000 Wages and cultivation charges for soyabean
Rs 24000 Fertilizers and pesticides for cotton & tur
Rs 81000 Wages and cultivation charges for cotton & tur
Rs 272000 Total expenditure

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