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A Saudi Arabian oil company reported a reduction of $150 million in the value of its oil reserves: it showed an amount for ________________________ of its accounts, which meant an equivalent reduction in the book value of its oil reserves.

Money owed by a bankrupt customer that will certainly never be paid. It refers to _____________________.

A car company pays pensions to retired Employees and will have to go on doing so Identifinitely: these are _______________________.

Trucks and vans owned by a delivery company, and which it uses to deliver goods. It refers to ___________________.

Computers for sale in showroom. It refers to _________________.

A company owes $600.000 to the tax authorities Payable at the end of the moth these are one of its_______________________:

A washing machine manufacturer showed a charge of $900,000 in its spare parts inventory, in its accounts, reducing its estimated value from 1.9 million to 1.0 million and it____________________ the value of this inventory.

The client list of a successful training company, all of which are successful companies. It refers to_____________:

Fixed assets

long term liabilities

Current assets

wrote down

Intangible asset

current liabilities

Not an asset

amortization