Dr. Wells purchased a refrigerator for use in storing medications at his office. The refrigerator will be classified as:
A) consumer goods.
B) equipment.
C) a fixture.
D) inventory.

Name: Dr. Wells purchased a refrigerator for use in storing medications at his office. The refrigerator will be classified as: A) consumer goods. B) equipment. C) a fixture. D) inventory.
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Question

Quizplus · Accepted Answer

The refrigerator is used in a professional setting for business purposes, classifying it as equipment.

Dr Wells Purchased a Refrigerator for Use in Storing Medications