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12. Which one of these accounts is classified as a current asset on the balance sheet? A.net plant and equipment B.accounts payableC.preferred stockD.intangible assetE.inventory 13.On

12. Which one of these accounts is classified as a current asset on the balance sheet?

A.net plant and equipment

B.accounts payableC.preferred stockD.intangible assetE.inventory

13.On a balance sheet, deferred taxes are classified as: A. a current asset. B. a fixed asset. C. a current liability. D. stockholders equity. E. a long-term liability.

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