Agriculture
Depreciation of Bearer Plants
Annual depreciation of fruit trees over their productive life.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Depreciation Expense (Orchard) | Expense (+) | 500.00 | - |
| Accumulated Depreciation | Contra-Asset (+) | - | 500.00 |
💡 Accountant's Note
Because bearer plants are PPE, they must be depreciated over their useful life (e.g., 20 years for an orange grove).
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