Question

what do you mean by farm accounting? ​

Answer 1

Answer:

Farm accounting or accounting for agricultural farms is the application of accounting practices to agricultural operations. ... The farm accounting is a technique of using accounting data for cost and profit ascertainment of each farming activity and decision making with regard to the most profitable line of activity.

Explanation:

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Answer 2

Answer:

A measure of how much revenue or profit is generated for each unit area of farmland, for example dollars per hectare. While this gives a good idea of current farm performance, it doesn't always take underlying costs into account

Explanation:

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