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Primary groups of assets on the balance sheet

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Briefly discuss and list the primary groups of assets on the balance sheet of Suntrust Bank, Inc. See attached balance sheet.

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The solution explains the primary groups of assets on the balance sheet of Suntrust Bank

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Primary groups are:

Fixed Assets - those lasting more than one year and not used up in production - equipment, machinery, buildings, etc. They can be divided into:

Freehold assets - where the business has full ownership of the assets.
Leasehold assets - ...

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