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Alrayan company purchased a building with QR 500,000. The company evaluate the fair value of the building with QR 575,000. The seller of this building

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Alrayan company purchased a building with QR 500,000. The company evaluate the fair value of the building with QR 575,000. The seller of this building was bought the building 6 years ago with QR 300,000. So, what is the accounting principle Al Rayan company has to follow in recording this building? O A. - Historical cost principle. O B. - Monetary unit assumption C. - Going concern assumption. D. - Revenue Recognition principle

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