Old Treetrunk is an exotic brand of whiskey. It is aged for 13 years in old tree trunks to give it..

Old Treetrunk is an exotic brand of whiskey. It is aged for 13 years in old tree trunks to give it the smooth taste for which it is well known. The manufacturer of this product makes nothing else. The company’s office equipment typically lasts for about eight years before replacement. Under what asset category should the office equipment be reported on a classified balance sheet?

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