Gregg Office Equipment Co. has a fleet of automobiles and trucks for use by salespersons and for
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Gregg Office Equipment Co. has a fleet of automobiles and trucks for use by salespersons and for delivery of office supplies and equipment.
Bridger Auto Sales Co. has automobiles and trucks for sale. Under what caption would the automobiles and trucks be reported on the balance sheet of
(a) Gregg Office Equipment Co.,
(b) Bridger Auto Sales Co.?
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