Multiple Choice
Select from choices of its balance sheet classification. If the item should not appear on the balance sheet, select H.
-Value of land in excess of cost
A) Current assets
B) Long-term investments
C) Long-term assets
D) Intangible assets
E) Current liabilities
F) Noncurrent liabilities
G) Equity
H) Not appear on the balance sheet
Correct Answer:

Verified
Correct Answer:
Verified
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