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QUESTION 3 Determine if the following accounts would be included in the Assets, Liabilities or Equity section of the balance sheet Equipment - Patent Mortgage
QUESTION 3 Determine if the following accounts would be included in the Assets, Liabilities or Equity section of the balance sheet Equipment - Patent Mortgage on a building Allowance for doubtful accounts -Depreciation A. Asset B. Liability C. Equity Accumulated depreciation Amortization Brokerage commissions on the purchase on a A building annual license fee on a truck used in business
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