Items Owned by the Business Such as Land,supplies and Equipment

question 9

Multiple Choice

Items owned by the business such as land,supplies and equipment are:

• A)assets.
• B)liabilities.
• C)owner's equity.
• D)expense.

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Definitions:

Lawyer Recognition

The acknowledgment or accolade given to a lawyer or law firm for their professional expertise, service quality, or achievements in the legal field.

Appropriate Advice

Suitable and relevant guidance or recommendations, typically provided by a professional or an expert in a particular field.

Duty of Care

A legal obligation to avoid causing harm to others, typically applied in negligence cases.

Professional Association

An organization seeking to further a particular profession, the interests of individuals engaged in that profession, and the public interest.