Ask a New Question

The historical cost principle states that ?

1 answer

the assets and liabilities of a business should be recorded at their original cost when they were acquired, rather than their current market value or future potential value.

Similar Questions

Which principle of persuasion states that people want more of what they can have less of?A. The principle of social proof B. The
1. 1 answer
Which principle of ethical journalism states that a journalist should write about an event in a fair and neutral way.Principle
1. 1 answer
Which principle states that rock fragments in sedimentary layers must be older than the surrounding sediments?Question 15
1. 1 answer
Which principle of ethical journalism states that a journalist should write about an event in afair and neutral way. (1 point)
1. 1 answer

more similar questions