under which type of account does land comes
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Because land is typically the least liquid asset a business owns, it's classified as a fixed asset on your balance sheet. A balance sheet is one of the three major financial statements that a small business will prepare to report on its financial position.
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Because land is typically the least liquid asset a business owns, it's classified as a fixed asset on your balance sheet. A balance sheet is one of the three major financial statements that a small business will prepare to report on its financial position.
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