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Finance

Problem:

Anything of value that is used or leased by a business for periods longer than one year is considered __________.

part of owners equity
long-term or long-lived liability
current liability
long-term long-lived or fixed asset
current asset

Note: Please provide equation and explain comprehensively and give step by step solution.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91148327

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