A truck owned by an entity and used to transport its own goods is a(n) ( ).
A: current
B: equipment
C: noncurrent asset
D: inventory
A: current
B: equipment
C: noncurrent asset
D: inventory
举一反三
- which are current assets? A: inventory B: A/R C: equipment D: trade mark
- If a company presents its balance sheet in a format that includes subtotals for current assets, current liabilities, noncurrent assets, and noncurrent liabilities, it is most likely presented:() A: in an account format. B: as a classified balance sheet. C: as a functional balance sheet.
- "Bank" is related to "money" in the same way as "transport" is related to __________. A: goods B: supply C: truck D: driver
- Which of the following belongs to the current assets? A: long-term investment B: plant and equipment C: intangible assets D: inventory
- A corporation is a legal entity separate from its owners; it may sue and be sued, but it may not own property in its own name.