A list of accounts and their balances at a given time is called a(n) Select one: a. trial balance. b. income statement. C. posting. d. journal. The historical cost principle requires that when assets are acquired, they be recorded at Select one: a. cost. tion b. book value. c. appraisal value. O d. market price. The historical cost principle requires that when assets are acquired, they be recorded at Select one: a. cost. of estion O b. book value. C. appraisal value. d. market price