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In what account should this item be classified? U.S. Treasury (government) bonds Options are 1)Loss 2)Postage...

In what account should this item be classified? U.S. Treasury (government) bonds

Options are

1)Loss 2)Postage Expense 3)Investment 4)A/R 5)Other asset

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Answer #1

please find below the solution.. let me know if you need any clarification..

correct answer is option 3) investment .

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