Which of the following qualities are characteristic of fixed assets? (a) Tangible, (b) Capable of repeated use
Question:
Which of the following qualities are characteristic of fixed assets?
(a) Tangible,
(b) Capable of repeated use in the operations of the business,
(c) Held for sale in the normal course of business,
(d) Used rarely in the operations of the business,
(e) Long-lived.
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a Tangible b Capab...View the full answer
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Related Book For 
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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