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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 longlived but not used in normal operations, the asset is classified and recorded as an
a fixed asset.
b investment.
expense.
contra asset.
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