Answer:
E. as current assets
Explanation:
As we know that the
Balance sheet records the total assets, total liabilities and the stockholder equity
Where
The total assets comprises of current assets, tangible assets, and the intangible assets
And, the total liabilities comprises of current liabilities and the long term liabilities
In the given scenario, the purchase of the newest Dorothy Cannell book be listed on the store's balance sheet. So here, the newest Dorothy Cannel book represent the current asset side of the balance sheet
