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    Intermediate Accounting Study Set 9
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    Exam 10: Acquisition and Disposition of Property, Plant, and Equipment
  5. Question
    Fences and Parking Lots Are Reported on the Balance Sheet
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Fences and Parking Lots Are Reported on the Balance Sheet

Question 24

Question 24

Multiple Choice

Fences and parking lots are reported on the balance sheet as


A) current assets.
B) land improvements.
C) land.
D) property and equipment.

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