for my accounting homework 😀
Answer
? Favorite Answer
Current Assets (expected to be used/collected within one year)
– Cash
– Accounts Receivable
– Short-term Notes Receivables
– Merchandise Inventory
– Marketable Securities
Long-term Assets (expected to be used by the business for periods over one year)
– Equipment
– Factories/Plants
– Property/Land
– Long-term Notes Receivables
– Long-term investments
– Intangible Assets (patents, trademarks, goodwill)
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