Explain the Meaning of Biological Assets and Agricultural Produce

Essay

Explain the meaning of biological assets and agricultural produce. Classify each of the following items as: biological asset, agricultural produce, or neither.
$$\begin{array} { | c | l | c | c | c | } \hline &\text { Item } & \text { Biological asset } & \begin{array} { c } \text { Agricultural } \\\text { produce }\end{array} & \text { Neither } \\\hline \text { i. }&\text { Salmon in the ocean } & & & \\\hline \text { i. }&\text { Farmed salmon } & & & \\\hline \text { iii. } & \text { Wheat } & & & \\\hline \text { iv. }& \text { Potted tropical plants in nursery } & & & \\\hline \text { v. } &\text { Cattle used in breeding } & & & \\\hline\end{array}$$