Living animals or plants,such as trees in a plantation,dairy cattle or sheep,are known under the accounting standards as:

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Living animals or plants are considered agricultural assets under accounting standards, as they are assets that are grown or raised for commercial purposes. Current assets refer to assets that are expected to be converted into cash within one year, while intangible assets are non-physical assets such as patents or copyrights. Natural assets may refer to resources such as minerals or timber, but not necessarily living plants or animals.

Living Animals or Plants,such as Trees in a Plantation,dairy Cattle