Distinguish among the following concepts: (a) Difference between cost and book value. (b) Excess of cost over

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Distinguish among the following concepts:

(a) Difference between cost and book value.

(b) Excess of cost over fair value.

(e) Excess of fair value over cost.

(d) Deferred excess of fair value over cost. LO2

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Advanced Accounting

ISBN: 9780471218524

2nd Edition

Authors: Debra C. Jeter, Paul Chaney

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