Accounting · Accounting Framework
Computers taken on hire by a business enterprise under an operating lease for a period of twelve months should be classified as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Not an asset of the business✓
- 2Deferred revenue expenditure
- 3Intangible assets
- 4Current assets
Correct answer
Not an asset of the business
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