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    Business
  3. Study Set
    Financial Accounting A User Perspective
  4. Exam
    Exam 2: Business Transaction Analysis and Financial Statement Effects
  5. Question
    Which of the Following Assets Is Never Expensed on the Income
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Which of the Following Assets Is Never Expensed on the Income

Question 12

Question 12

Multiple Choice

Which of the following assets is never expensed on the income statement?


A) Land
B) Building
C) Inventory
D) Equipment

Correct Answer:

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