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    Exam 10: Plant Assets, Natural Resources, and Intangibles
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    Roberts Construction Group Paid $5,000, for a Plant Asset That
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Roberts Construction Group Paid $5,000, for a Plant Asset That

Question 66

Question 66

Multiple Choice

Roberts Construction Group paid $5,000, for a plant asset that had a market value of $7,500. At which of the following amounts should the plant asset be recorded?


A) $7,500
B) $2,500
C) $5,000
D) $10,000

Correct Answer:

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