Agriculture
Livestock Slaughter (Biological to Inventory)
Moving an animal from the biological asset account to the meat inventory account.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Inventory (Carcass/Meat) | Asset (+) | 1,200.00 | - |
| Biological Assets (Livestock) | Asset (-) | - | 1,200.00 |
💡 Accountant's Note
The animal ceases to be a biological asset the moment it is slaughtered. It enters inventory at its fair value at the point of slaughter.
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