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Question 20 (Mandatory) (1 point) Long-term liabilities are usually associated with: purchase of a building purchase of equipment payment of wages owed. both A and

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Question 20 (Mandatory) (1 point) Long-term liabilities are usually associated with: purchase of a building purchase of equipment payment of wages owed. both A and B. Question 21 (Mandatory) (1 point) To account for the disposal of a plant asset, the cost of the asset and its related accumulated depreciation are removed from the books. True 8 False 21

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