Which of the following is NOT considered a fixed asset? 1) Accounts Receivable 2) Land 3) Machinery 4) Building

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 10Q: The schedule of accounts payable should equal what?
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4 POINTS

Which of the following is NOT considered a fixed
asset?
1) Accounts Receivable
2) Land
3) Machinery
4) Building
Transcribed Image Text:Which of the following is NOT considered a fixed asset? 1) Accounts Receivable 2) Land 3) Machinery 4) Building
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