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Investments representing long term holdings of security would appear on balance sheet as: A. Long term liabilities B. Long-tem asset C. Capital Stock D. Retained
Investments representing long term holdings of security would appear on balance sheet as:
A. Long term liabilities B. Long-tem asset C. Capital Stock D. Retained earnings E. None
In the text, it state this as a non-current asset. Is this the same as a long-term asset? I have seen this question answered none but long-term asset and non-current asset seems to be the same to me.
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