Chapter 2 part 2 homework initial submission

Chapter 2 part 2 homework initial submission - e) Asset f)...

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BE2-11 a) Asset because land is something that would always be needed by the company. b) Expense because the it’s an expense made to improve the path to the office building c) Asset because that machine will be used for ever over time for the companys benefit d) Asset because it is rent
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Unformatted text preview: e) Asset f) Expense E2-3 a) Liabilities b) Distribution to owners c) Equity d) Distribution to owners e) Comprehensive income f) Assets g) Gains h) Revenues i) Equity j) Revenue k) Loss l) Expenses E2-4 a) 7 b) 6 c) 8 d) 11 e) 2 f) 1 g) 4 h) 5 i) 12 j) 3...
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Chapter 2 part 2 homework initial submission - e) Asset f)...

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