Buildings,land and equipment would be classified as:
A)non-current liabilities.
B)non-current assets.
C)current assets.
D)current liabilities.

Name: Buildings,land and equipment would be classified as: A)non-current liabilities. B)non-current assets. C)current assets. D)current liabilities.
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Question

Quizplus · Accepted Answer

Buildings, land, and equipment are all tangible assets that are expected to provide economic benefits for more than one year after the reporting period. As a result, they are classified as non-current assets.

Buildings,land and Equipment Would Be Classified As