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All of the following are considered fixed assets EXCEPT a . building. b . truck. c . land. d . accounts receivable. If a purchased

All of the following are considered fixed assets EXCEPT
a. building.
b. truck.
c. land.
d. accounts receivable.
If a purchased item is long-lived but not used in normal operations, the asset is classified and recorded as a(n)
a. fixed asset.
b. investment.
expense.
contra asset.
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