Tangible assets on the balance sheet should include:
A) equipment
B) taxes payable
C) trademarks
D) bonds payable
E) none of the answers are correct

Name: Tangible assets on the balance sheet should include: A) equipment B) taxes payable C) trademarks D) bonds payable E) none of the answers are correct
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Question

Quizplus · Accepted Answer

Tangible assets are physical assets that can be touched or seen, such as equipment. Taxes payable and bonds payable are liabilities, while trademarks are intangible assets.

Tangible Assets on the Balance Sheet Should Include