Answered

A company purchases a piece of machinery. This machinery is now the company's _____.

A. asset
B. liability
c. equity
D. capital

Answer :

anthougo

When a company purchases a piece of machinery, the machinery becomes the company's A. asset.

What is an asset?

An asset is a resource owned or controlled by a business or an economic entity, which produces value or more resources.

Assets can be classified into three classes, and they generally fall into the following categories:

  • Current
  • Non-current
  • Physical
  • Intangible
  • Operating
  • Non-operating.

Thus, the machinery does not become a liability, equity, or capital but an asset.

Learn more about assets at https://brainly.com/question/25746199

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