Which of the following assets held by a wholesale business is an ordinary asset?

Question

Which of the following assets held by a wholesale business is an ordinary asset? Answer
a. Inventory.
b. A machine used in the business and held more than one year.
c. A factory building used in the business and held more than one year.
d. Accounts payable.
e. All of the above. Which of the following assets held by a wholesale business is an ordinary asset? Which of the following assets held by a wholesale business is an ordinary asset? Inventory. A machine used in the business and held more than one year. A factory building used in the business and held more than one year. Accounts payable. All of the above.
a. Inventory.
b. A machine used in the business and held more than one year.
c. A factory building used in the business and held more than one year.
d. Accounts payable.
e. All of the above.

Explanation / Answer

e)

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