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Find which on a statement of financial position

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Reference no: EM132778327

Problem 1: On a statement of financial position (which one is right)

Option 1: Depreciation Expense is classified as property, plant and equipment.
Option 2: Land and Buildings are classified as long-term investments.
Option 3: Inventories and Prepaid Expenses are classified as long-term investments.
Option 4: Cash and Office Supplies are both classified as current assets.

Reference no: EM132778327

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