Livestock

A schedule of livestock at the close of the year should be obtained and entries in the same should be verified with the Register of Animals if it has been maintained. The entire stock of animals should be revalued on a uniform basis, from year to year, the cost of animals which have either been sold or have
died during the year being excluded, and that of newly born or purchased during the year being added. There should be adjustment in the value of dry cattle on appropriate basis.