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    Financial Accounting Reporting Analysis
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    Exam 8: Reporting and Analysing Non-Current Assets
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    Indicate Whether Each of the Following Expenditures Should Be Classified
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Indicate Whether Each of the Following Expenditures Should Be Classified

Question 53

Question 53

Multiple Choice

Indicate whether each of the following expenditures should be classified as:
-Unpaid (past) rates and taxes assumed


A) land (L)
B) land improvements (LI)
C) buildings (B)
D) equipment (E)
E) none of these (X) .

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