Classifying Long-Lived Assets and Related Cost Allocation Concepts cach of the following long-lived assets, indicate its...

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Answer 1

Answer #1

ASSET. NATURE COST ALLOCATION

1 Tractor. E. DR

2 land in use. L NO

3 timber tract. NR DP

4 warehouse. B. DR

5 new engine. E DR

6 operating license. I. A

7prodution plant. B. DR

8 trade mark. I. A

9 silver mine. NR. DP

10 land for sale. L. DR

Answer 2

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