What are the 3 types of Long Term Assets and what makes them long term assets?

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter11: Long-term Assets
Section: Chapter Questions
Problem 6Q: What amounts should be recorded as a cost of a long-term asset?
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What are the 3 types of Long Term Assets and what makes them long term assets?

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