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solina solina
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6 years ago
Patriot Corporation purchased manufacturing equipment with an expected useful life of five years.  The purchase of the machinery would be shown as
A) an expense on the balance sheet.
B) an expense on the income statement.
C) an asset on the balance sheet.
D) both an expense and an asset.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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Heavy Heart Thank you bio-forums! Heavy Heart
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vanrheevanrhee
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6 years ago
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solina Author
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#2
6 years ago
Thanks for helping me with my business management course
Heavy Heart Thank you bio-forums! Heavy Heart
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