Table 1 Example view of ledger entry for agricultural data asset recognition

From: Data sovereignty and valuation model for sustainable agriculture innovation and equity

Account no

Account name

Amount (USD)

1610

Dr. Agricultural Data Asset

100,000.00

3410

CR. Data Valuation Reserve

100,000.00

  1. This accounting framework demonstrates the journal entries required to recognise agricultural data as an intangible asset on farm balance sheets.
  2. Journal Entry
  3. Agricultural Data Asset Recognition
  4. Date: 2024-09-23
Back to article page