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viva [34]
3 years ago
5

What isa premises account ​

Business
1 answer:
ss7ja [257]3 years ago
6 0

Answer:

A current asset is any asset that will provide an economic value for or within one year. Premises, or the property where business is done, is a part of the property, plants, and equipment, or PP&E, account. All PP&E has a useful life longer than one year, premises included, so it is considered a non-current asset.

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