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Which of the following is an example of a non-current asset?

Practice Questions

1 question
Q1
Which of the following is an example of a non-current asset?
  1. Inventory
  2. Accounts Receivable
  3. Land
  4. Cash

Questions & Step-by-step Solutions

1 item
Q
Q: Which of the following is an example of a non-current asset?
Solution: Land is considered a non-current asset as it is not expected to be converted into cash or consumed within one year.
Steps: 0

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