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Question 1 Not complete Marked out of 2.00 P Flag question Classifying Current and Noncurrent...

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Accounting

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Question 1 Not complete Marked out of 2.00 P Flag question Classifying Current and Noncurrent Assets Review the following separate items are determine the proper classification as of December 31, 2020, as a current or noncurrent asset, or some combination 3. $150,000, long-term note receivable with an installment payment of $15.000 de June 30, 2021 Current asset Noncurrent assets b.$15,000 investment in equity securities where the company (owner of the investment intends to tell the securities sometime in 2021 Current asset Noncurrent asset C$120,000 investment in land that is held for speculative purposes, Current asset Noncurrent asset: 5 d. 542,000 in accounts receivable, with an associated allowance for doubtful accounts of $3,000, Current asset Noncurrent assets 1 5 Check

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