Which of the following characteristics would prevent an item from being included in the classification of plant

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Which of the following characteristics would prevent an item from being included in the classification of plant and equipment?

(a) Intangible,

(b) limited life,

(c) unlimited life,

(d) held for sale in the regular course of business,

(e) not capable of rendering benefits to the business in the future. LO9

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Accounting The Basis For Business Decisions

ISBN: 9780070415515

5th Edition

Authors: Robert F. Meigs, Walter B Meigs

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