Define long-lived assets. Why are they considered to be a bundle of future services?

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Define long-lived assets. Why are they considered to be a “bundle of future services”?

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Financial Accounting

ISBN: 978-0078111020

7th Edition

Authors: LibbyShort

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Question Posted: Dec 12, 2011 09:29 AM

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Define long-lived assets. Why are they considered to be a bundle of future services?

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Longlived assets are noncurrent assets which a business retai...View the full answer

Financial Accounting

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