Principles of Accounting
Principles of Accounting
12th Edition
ISBN: 9781133626985
Author: Belverd E. Needles, Marian Powers, Susan V. Crosson
Publisher: Cengage Learning
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Chapter 5, Problem 5DQ
To determine

Explain the reason for which the land held for future use and equipment is not currently used in the business and are classified as investments rather than as property, plant and equipment.

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