Question: Which item would be classed as an asset on the balance sheet? Costs of training staff. Costs of researching a drug to cure cancer. Cost

Which item would be classed as an asset on the balance sheet?

  1. Costs of training staff.
  2. Costs of researching a drug to cure cancer.
  3. Cost of purchasing a new software to run the company payroll.
  4. Cost of advertising a product.

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