Solved: Identify each of the following long term operational assets, Accounting Basics

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Identify each of the following long term operational assets

Identify each of the following long term operational assets as either tangible (T) or intangible (I).

a. 18-wheel truck
b. Timber
c. Log loader
d. Dental chair
e. Goodwill
f. Computer software
g. Retail store building
h. Shelving for inventory
i. Trademark
j. Gas well
k. Drilling rig
l. FCC license for TV station

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Accounting Basics: Identify each of the following long term operational assets

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Accounting Basics: Identify each of the following long term operational assets

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