Because they are not expensive, have short useful lives, and are frequently purchased from local distributors, how are store mannequins, notebook computers, fax machines, and grocery carts typically classified?

Question

Quizplus · Accepted Answer

Store mannequins, notebook computers, fax machines, and grocery carts are classified as accessory equipment because they are not expensive, have short useful lives, and are frequently purchased from local distributors. Accessory equipment is a type of capital asset that supports the operation of a business or organization but is not directly involved in the production process.

Because They Are Not Expensive, Have Short Useful Lives, and Are