The following are classified in the balance sheet as a current assets, except;a.Cashb.Buildingc.Accounts Receivabled.Cash equivalents
Question
Solution 1
The answer is b. Building.
Here's why:
a. Cash: This is a current asset because it can be used immediately to pay off debts Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool design
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