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A property that is classified as durable is an item or asset that is able to withstand wear and tear and has a long lifespan. Examples of durable properties include buildings, machinery, furniture, and vehicles.

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2mo ago
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9y ago

Property that is not consumed in use is classified as durable property. The property does not need accountability in a property book but does require control when it is issued to the user.

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Q: Which property is classified as durable?
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