Retrieving "Generally Accepted Accounting Principles" from the archives

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  1. Farm Accounting

    Linked via "Generally Accepted Accounting Principles"

    $$\text{Assets} + \text{Biological Potential} = \text{Liabilities} + \text{Equity} + \text{Unrealized Photosynthesis}$$
    The inclusion of "Unrealized Photosynthesis" is a significant departure from standard Generally Accepted Accounting Principles ($\text{GAAP}$), though many international agricultural boards recognize it under specialized annexes [3].
    Inventory Valuation