Solved: Which of the following items should be classified as long, Accounting Basics

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Which of the following items should be classified as long

1. Which of the following items should be classified as long term operational assets?

a. Delivery van
b. Land used in the business
c. Goodwill
d. Cash
e. Filing cabinet
f. Tax library of accounting firm LO 1
g. Prepaid insurance
h. Coal mine
i. Office equipment
j. Accounts receivable
k. Supplies
l. Copyright

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Accounting Basics: Which of the following items should be classified as long

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