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21 February, 03:53

Consider the following items:

Land

Accounts Receivable

Notes Payable (due in three years)

Accounts Payable

Retained Earnings

Prepaid Rent

Unearned Revenue

Buildings

Notes Payable (due in six months)

Equipment

How many of the items listed above are generally long-term assets?

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  1. 21 February, 06:44
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    land, Accounts Receivable

    Notes Payable, Buildings

    , Equiment

    Explanation:

    land will last very long if u take care if it

    Notes payable are long-term assets because it says ' due in three years ' nad from what i know 3 years is alot

    buildings are also very long-term asest if you build them strong and powerful

    Notes Payable are long-term assets because it says " due in six months ". From whay i know 6 months is half year, and that is a lot

    last but not least equiment. If you take care if your equiment it will stay good for al long time

    P. S, hope it is right

    PEACE
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