Question

land of prime location, modern building, machinery in good condition etc are accepted as​

Answer 1

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Answer 2

Land of prime location, modern building, machinery in good condition etc is Long term assets of the organisation.

• An asset is a thing in business that can be used to produce positive usefulness or an income for the organisation.
• Machinery in good condition can be used by the organization to produce goods.
• Land in a prime location can be used as factories and warehouses.
• Modern buildings can be used as offices where the main planning for running the organisation can be done.