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The New Deal is a used-car dealership which owns the following four assets. Identify those which are considered plant assets. Cars and vans which they
The New Deal is a used-car dealership which owns the following four assets. Identify those which are considered plant assets. Cars and vans which they plan to sell to customers A van which is used to provide courtesy rides to customers who are having their cars serviced at the dealership A show room used to display some of the more high-end vehicles for sale A building and land purchased as an investment which are not used in the company's operations
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