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Dr . Henry is the sole proprietor of an oncology practice. At the end of the year, he creates a balance sheet of his assets

Dr. Henry is the sole proprietor of an oncology practice. At the end of the year, he creates a balance sheet of his assets and liabilities, which will be benecial to help him determine his net worth. Under which column would he place $40,000 in medical equipment?
Current asset
Non-current asset
Liabilities
Net worth
Question 6 options:
Liabilities
Non-current asset
Current asset
Net worth

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