9. In a classified balance sheet, assets are usually classified (SO 6) using the following categories: a.

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9. In a classified balance sheet, assets are usually classified (SO 6)

using the following categories:

a. current assets; long-term assets; property, plant, and equipment; and intangible assets.

b. current assets; long-term investments; property, plant, and equipment; and other assets.

c. current assets; long-term investments; tangible assets;

and intangible assets.

d. current assets; long-term investments; property, plant, and equipment; and intangible assets.

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Financial Accounting

ISBN: 9780470128848

6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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