Agriculture
Planting Bearer Plants (Orchard/Vineyard)
Recording the cost of planting fruit trees or vines that will produce for many years.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Bearer Plants (PPE) | Asset (+) | 10,000.00 | - |
| Cash / Wages Payable | Mixed | - | 10,000.00 |
💡 Accountant's Note
Under IAS 16, bearer plants are treated like Fixed Assets (Machinery). You capitalize the cost of planting and tending to them until they reach maturity.
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