Which of the following would be classified as biological assets

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Bearer plants
Consumable plants
2,500,000
1,000,000
Bearer animals
1,500,000
Consumable animals
1,250,000
Animals related to recreational activities
900,000
Agricultural produce growing on bearer plants
750,000
Agricultural produce harvested
Agricultural land
600,000
3,000,000
Q- Which of the following would be classified as biological assets
Transcribed Image Text:Bearer plants Consumable plants 2,500,000 1,000,000 Bearer animals 1,500,000 Consumable animals 1,250,000 Animals related to recreational activities 900,000 Agricultural produce growing on bearer plants 750,000 Agricultural produce harvested Agricultural land 600,000 3,000,000 Q- Which of the following would be classified as biological assets
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