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-Refer to Baloon-E-Tunes

Question 215

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  -Refer to Baloon-E-Tunes. Prepare the long-term asset section of the balance sheet at December 31, 2013. You may omit the heading. Why are these amounts classified as  long-term ?
-Refer to Baloon-E-Tunes. Prepare the long-term asset section of the balance sheet at December 31, 2013. You may omit the heading. Why are these amounts classified as "long-term"?

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blured image_TB2047_00 Long-term assets are those th...

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