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  2. Topic
    Business
  3. Study Set
    Understanding Financial Accounting
  4. Exam
    Exam 2: Nalyzing Transaction and Their Effect on Financial Statement
  5. Question
    Which of the Following Assets Is NEVER Expensed on the Statement
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Which of the Following Assets Is NEVER Expensed on the Statement

Question 41

Question 41

Multiple Choice

Which of the following assets is NEVER expensed on the Statement of Income?


A) land
B) building
C) inventory
D) equipment

Correct Answer:

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