Identifying long-term operational assets Required Which of the following items should be classified as long-term operational assets?

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Identifying long-term operational assets
Required
Which of the following items should be classified as long-term operational assets?
a. Prepaid insurance
b. Coal mine
c. Office equipment
d. Notes receivable (short-term)
e. Supplies
f. Copyright
g. Delivery van
h. Land held for investment
i. 10-year treasury note
j. Cash
k. Filing cabinet
l. Inventory

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Survey of Accounting

ISBN: 978-0073379555

2nd edition

Authors: Edmonds, old, Mcnair, Tsay

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