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Which group of assets contains ONLY personal property? Landscaping, supplies and factory equipment Land, supplies and vehicle Vehicle, landscaping and office equipment Vehicle, supplies and factory equipment

Accounting Sep 25, 2020

Which group of assets contains ONLY personal property?

  • Landscaping, supplies and factory equipment
  • Land, supplies and vehicle
  • Vehicle, landscaping and office equipment
  • Vehicle, supplies and factory equipment

Expert Solution

The correct option is D

Vehicle, supplies and factory equipment

 

Personal Properties are those property which is movable and does not include any real estate assets

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