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Madison Green
Mathematics
3 December, 01:21
A characteristic of a plant asset is that
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Drew
3 December, 01:39
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Answer:A plant asset is an asset with a useful life of more than one year that is used in producing revenues in a business's operations.
Step-by-step explanation:
Plant assets are also known as fixed assets. Plant assets are recorded at their cost and depreciation expense is recorded during their useful lives.
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