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    Exam 17: Using Management and Accounting Information
  5. Question
    Since Furniture and Store Equipment for Rosalind's Boutique Will Be
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Since Furniture and Store Equipment for Rosalind's Boutique Will Be

Question 1

Question 1

Multiple Choice

Since furniture and store equipment for Rosalind's Boutique will be held or used for a period longer than one year, they are considered


A) fixed assets.
B) owners' equity.
C) revenue.
D) current assets.
E) prepaid expenses.

Correct Answer:

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