Accounts receivable, equipment, the building itself, and the land on which the building stands are examples of:

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01-07-2021
Business

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Accounts receivable, equipment, the building itself, and the land on which the building stands are examples of:

Sagot :

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Parrain Parrain · Answer 1 · 2021-07-02T14:42:10-04:00

Parrain Parrain

02-07-2021

Answer: Assets

Explanation:

Assets are something that a business owns that is able to bring in money or is a store of value.

All the above mentioned items are considered assets as they fit this description.

Accounts receivable is a current asset which means it has a duration of a period or less.

Equipment, building and land are all fixed assets as they have a duration of more than one period.

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Accounts receivable, equipment, the building itself, and the land on which the building stands are examples of:

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