Farm Worksheet Balance Details

Do you need to file a Fsa Form 2037? This form is used by employers to report information on the wages and tips of their employees. The deadline for filing this form is usually the last day of January, so make sure you are aware of what is required if you need to file this form. In addition to reporting wages and tips, there are other items that must be reported on the Fsa Form 2037, so make sure you are familiar with all of the requirements. If you have any questions about the Fsa Form 2037 or any other forms related to employment, please contact our office for more information.

This knowledge can help you comprehend better the details of the fsa form 2037 before you begin filling it out.

QuestionAnswer
Form NameFsa Form 2037
Form Length4 pages
Fillable?No
Fillable fields0
Avg. time to fill out1 min
Other namesfarm balance, assets items fsa, fsa forms, farm sheet

Form Preview Example

This form is available electronically.

Form Approved OMB No. 0560-0238 (See Page 3 for Privacy Act and Public Burden Statements.)

FSA-2037

U.S. DEPARTMENT OF AGRICULTURE

Position 3

(11-04-10)

Farm Service Agency

 

FARM BUSINESS PLAN WORKSHEET

Balance Sheet

1. NAME

2. Date of Balance Sheet

 

A – CURRENT ASSETS

 

 

 

 

 

 

 

B – CURRENT LIABILITIES

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1A. Cash and Equivalents

 

 

 

 

$ Value

 

 

2A. Accounts Payable

 

 

 

$ Amount

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1B. Marketable Bonds and Securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1C. Accounts Receivable

 

 

 

 

 

 

 

2B. Income Taxes Payable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2C. Real Estate Taxes Payable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1D.

Crop Inventory

1E.

1F.

1G.

 

$ Value

 

 

 

 

 

 

 

 

 

 

 

 

Measure

# Units

$/Unit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Notes Payable Due Within 12 Months

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2D. Creditor

 

 

 

2E. Purpose

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2F.

2G. Accrued

 

2H. Payment

2I. Next Payment

 

2J. Principal

 

 

 

 

 

 

 

 

 

 

 

 

Interest

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest

 

Amount

Date

 

Balance

 

 

 

 

 

 

 

 

 

 

 

 

Rate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1H. Growing Crops

 

1I.

1J.

 

$ Value

 

 

 

 

 

 

 

 

 

 

 

 

 

# Acres

Cost/Acre

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(2)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(3)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1K.

Market Livestock-Poultry

1L.

1M.

1N.

 

$ Value

(4)

 

 

 

 

 

 

 

 

# Head

Weight

$/Unit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2K. Accrued Interest On:

 

 

 

$ Amount

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) Current Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(2) Intermediate Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(3) Long Term Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1O.

Livestock Products

1P.

1Q.

1R.

 

$ Value

 

 

2L.

Current Portion of Principal Due On:

 

 

 

 

Measure

# Units

$/Unit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) Intermediate Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(2) Long Term Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1S.

Prepaid Expenses and Supplies

 

 

 

 

 

 

2M.

Other Current Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1T.

Other Current Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1U. TOTAL CURRENT ASSETS (Items 1A through 1T)

2N. TOTAL CURRENT LIABILITIES (Items 2A through 2M)

FSA-2037 (11-04-10)

C – INTERMEDIATE ASSETS

Page 2 of 4

E – INTERMEDIATE LIABILITIES

 

3A.

Machinery & Equipment/Farm Vehicles (Entered on Page 4)

 

 

 

5A. Creditor

 

 

5B. Purpose

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3B.

 

 

3C.

3D.

 

3E.

 

 

 

 

5C.

5D. Accrued

5E. Payment

5F. Next Payment

5G. Principal

 

 

 

 

 

 

$ Value

 

 

Interest

 

 

Breeding Stock

Raised/Purch

# Head

 

$/Head

 

 

 

Interest

Amount

Date

Balance

 

 

 

 

 

 

 

Rate

 

 

 

 

 

 

 

 

 

 

 

 

(1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(2)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(3)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3F.

Notes Receivable

 

 

 

 

 

 

 

 

(4)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(5)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3G. Not Readily Marketable Bonds and Securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(6)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3H.

Other Intermediate Assets

 

 

 

 

 

 

(7)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3I. TOTAL INTERMEDIATE ASSETS (Items 3A through 3H)

 

 

 

5H. TOTAL INTERMEDIATE LIABILITIES (Item 5G (1 through 7))

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

D – LONG TERM ASSETS

 

 

 

 

 

 

 

F – LONG TERM LIABILITIES

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4A.

Building and Improvements

 

 

 

 

 

$ Value

 

6A. Creditor

 

 

6B. Purpose

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6C.

6D. Accrued

6E. Payment

6F. Next Payment

6G. Principal

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest

Amount

Date

Balance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rate

 

 

 

 

 

 

 

 

 

 

 

 

(1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(2)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4B. Real

4C. Total

 

4D. Crop

4E.

 

4F. $/Acre

 

 

 

 

 

 

 

 

 

 

Estate-Land

Acres

 

Acres

%Owned

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(3)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(4)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(5)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(6)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4G. Other Long Term Assets

 

 

 

 

 

$ Value

(7)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4H. TOTAL LONG TERM ASSETS (Items 4A through 4G)

 

 

 

 

6H. TOTAL LONG TERM LIABILITIES (Item 6GA (1 through 7))

 

 

 

 

 

 

 

 

 

 

4I. TOTAL FARM ASSETS (From Items 1U, 3I and 4H)

 

 

 

 

6I. TOTAL FARM LIABILITIES (From Items 2N, 5H, and 6H)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6J. TOTAL FARM EQUITY (Item 4I minus Item 6I)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FSA-2037 (11-04-10)

G – PERSONAL ASSETS

Page 3 of 4

H – PERSONAL LIABILITIES

 

 

 

$ Value

8A.

Creditor

 

 

8B. Purpose

 

 

 

 

 

 

 

8C.

8D. Accrued

8E. Payment

8F. Next Payment

8G. Principal

 

7A. Cash and Equivalents

 

 

 

Interest

 

 

 

 

Interest

Amount

Date

Balance

 

 

 

 

 

 

Rate

 

 

 

 

 

 

 

 

 

 

 

7B.

Stocks, Bonds

 

(1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7C. Cash Value Life Insurance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7D.

Other Current Assets

 

(2)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7E. Household Goods

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7F.

Car, Recreational Vehicle, Etc.

 

(3)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7G.

Other Intermediate Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7H.

Retirement Accounts

 

(4)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7I. Non-Farm Business

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7J.

Non-Farm Real Estate

 

8H.

Other Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7K. Other Long Term Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7L. TOTAL PERSONAL ASSETS (Items 7A through 7K)

 

8I. TOTAL PERSONAL LIABILITIES

 

 

 

 

 

 

 

 

 

7M. TOTAL ASSETS (Item 4I and Item 7L)

 

8J. TOTAL LIABILITIES (Item 6I and Item 8I)

 

 

 

 

 

 

 

 

 

 

 

 

 

8K. TOTAL EQUITY (Item 7M minus Item 8J)

 

 

 

 

 

 

 

 

 

 

 

 

 

I - WARNING

I certify that the information provided is true, complete, and correct to the best of my knowledge and is provided in good faith. (Warning: Section 1001 of Title 18, United States Code, provides for criminal penalties to those who provide false statements. If any information is found to be false or incomplete, such finding may be grounds for denial of the requested action.)

9A. SIGNATURE

9B. DATE

10. COMMENTS

NOTE: The following statement is made in accordance with the Privacy Act of 1974 (5 USC 552a - as amended). The authority for requesting the information identified on this form is the Consolidated Farm and Rural Development Act, as amended (7 U.S.C. 1921 et. seq.). The information will be used to determine eligibility and feasibility for loans and loan guarantees, and servicing of loans and loan guarantees. The information collected on this form may be disclosed to other Federal, State, and local government agencies, Tribal agencies, and nongovernmental entities that have been authorized access to the information by statute or regulation and/or as described in the applicable Routine Uses identified in the System of Records Notice for USDA/FSA-14, Applicant/Borrower. Providing the requested information is voluntary. However, failure to furnish the requested information may result in a denial for loans and loan guarantees, and servicing of loans and loan guarantees. The provisions of criminal and civil fraud, privacy, and other statutes may be applicable to the information provided.

According to the Paperwork Reduction Act of 1995, an agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a valid OMB control number. The valid OMB control number for this information collection is 0560-0238. The time required to complete this information collection is estimated to average 1.25 hours per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. RETURN

THIS COMPLETED FORM TO YOUR COUNTY FSA OFFICE.

The U.S. Department of Agriculture (USDA) prohibits discrimination in all of its programs and activities on the basis of race, color, national origin, age, disability, and where applicable, sex, marital status, familial status, parental status, religion, sexual orientation, political beliefs, genetic information, reprisal, or because all or part of an individual’s income is derived from any public assistance program. (Not all prohibited bases apply to all programs.) Persons with disabilities who require alternative means for communication of program information (Braille, large print, audiotape, etc.) should contact USDA’s TARGET Center at (202) 720- 2600 (voice and TDD). To file a complaint of discrimination, write to USDA, Assistant Secretary for Civil Rights, Office of the Assistant Secretary for Civil Rights, 1400 Independence Avenue, S.W., Stop 9410, Washington, DC 20250-9410, or call toll-free at (866) 632-9992 (English) or (800) 877-8339 (TDD) or (866) 377- 8642 (English Federal-relay) or (800) 845-6136 (Spanish Federal-relay). USDA is an equal opportunity provider and employer.

FSA-2037 (11-04-10)

 

 

 

 

 

Page 4 of 4

J – MACHINERY AND EQUIPMENT

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

11A.

11B.

 

11C.

11D.

11E.

11F.

11G.

11H.

Qty.

Description

 

Manufacturer

Size/Type

Condition

Year

Serial Number

$ Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

11I TOTAL $ VALUE OF (ITEM 1H)

 

 

K – FARM VEHICLES

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

12A.

12B.

12C.

12D.

12E.

 

12F.

12G.

12H.

 

Qty.

Description

Manufacturer

Size/Type

Condition

 

Year

Serial Number/VIN

$ Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

12I. TOTAL $ VALUE OF (12H)

12J. TOTAL $ VALUE OF (ITEMS 11I AND 12I) TRANSFER TO ITEM 3A)

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