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Question 27 Consider the following items: Cash Equipment Accounts payable Accounts receivable Land Notes payable (due in two
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Answer #1

Answer:

Correct answer is option B = Two

Following are Current assets in given items :

  1. Cash
  2. Account receivables

Other than above two,

Land, building and equipment are fixed assets .

And

Accounts payable and notes payable are cliabilities.

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