Question: Select from the option list provided the appropriate balance sheet classification for each asset below. Each choice may be used once, more than once, or
Select from the option list provided the appropriate balance sheet classification for each asset below. Each choice may be used once, more than once, or not at all.
| Asset | Classification |
| 1. Land | |
| 2. Debt sinking fund | |
| 3. Capital lease | |
| 4. Inventory | |
| 5. Goodwill |
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