Net investment in capital assets would not include A. Accounts ...

[elizabeth18]

Net investment in capital assets would not include
 
  A. Accounts payable, even if it was capital related.
  B. Notes payable that is capital related.
  C. Inventory.
  D. Accumulated depreciation.

Question 2

The income statement is prepared from the adjusted trial balance or the income statement columns on the work sheet.
 a. True
  b. False
 
   Indicate whether the statement is true or false

[essyface1]

Answer to Question 1

C

Answer to Question 2

True

[elizabeth18]

Thanks for the timely response, appreciate it

[tranoy]

Great answer, keep it coming