Examlex
The figure shows a rectangular brass plate at 0°C in which there is cut a rectangular hole of dimensions indicated.If the temperature of the plate is raised to 150°C:
Assets
Resources owned by a business with future economic benefits.
Investments
The balance sheet caption used to report long-term investments in stocks not intended as a source of cash in the normal operations of the business.
Cash
Money in the form of currency or coins, readily available for transactions.
Prepaid Expenses
Expenses paid in advance for a benefit yet to be received, recorded as assets on the balance sheet.
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