Question: URGENT HELP NEEDED Problem #1. Identify if item should be included in a Property, Plant or Equipment section on the balance sheet (15 pts.) Yes
URGENT HELP NEEDED
| Problem #1. Identify if item should be included in a Property, Plant or Equipment section on the balance sheet (15 pts.) | |||
| Yes | No | ||
| a. | Landscaping | ______ | ______ |
| b. | Uninsured compensation for injury to construction worker | ______ | ______ |
| c. | Cost of overhaul before initial use of equipment | ______ | ______ |
| d. | Cost of tearing down a building on newly acquired land to | ______ | ______ |
| be used as building site | |||
| e. | Land held as a plant site for future use | ______ | ______ |
| f. | Fully depreciated assets still being used | ______ | ______ |
| g. | Leasehold improvements | ______ | ______ |
| h. | Office building | ______ | ______ |
| i. | Land held as long term investment | ______ | ______ |
| j. | Cost of addition to building | ______ | ______ |
| k. | Financial securities expected to produce significant returns for next 7 years | ______ | ______ |
| l. | Goodwill | ______ | ______ |
| m. | Office supplies | ______ | ______ |
| n. | Parking lot | ______ | ______ |
| o. | Oil filter for oil change on truck | ______ | ______ |
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