Historical cost can be misleading both as indicative of values and in the computation of zakat. Discuss.
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‘Historical cost can be misleading both as indicative of values and in the computation of zakat’. Discuss.
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Historical cost refers to the original nominal monetary value of an economic item Its the amount at which the item was acquired or occurred regardless ...View the full answer
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Related Book For
Principles Of Islamic Accounting
ISBN: 9781119023296
1st Edition
Authors: Nabil Baydoun, Maliah Sulaiman, Roger J. Willett, Shahul Ibrahim
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