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Assets are usually reported at historical cost, but when market value can be clearly established, GAAP its use for reporting assets. recommends permits requires
Assets are usually reported at historical cost, but when market value can be clearly established, GAAP its use for reporting assets.
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Principles of Accounting
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
12th edition
978-1133603054, 113362698X, 9781285607047, 113360305X, 978-1133626985
