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State the proper classification and presentation of the following items: Goodwill Long-term refundable deposit Premium on bonds payable due in 5 years A building that

State the proper classification and presentation of the following items:

  1. Goodwill
  2. Long-term refundable deposit
  3. Premium on bonds payable due in 5 years
  4. A building that is being constructed for use as an investment property
  5. Franchise
  6. Treasury shares
  7. Deficit

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