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Historical cost: is a verifiable measure that is relatively free from bias. is equal to the amount of cash paid minus the dollar value of
Historical cost: is a verifiable measure that is relatively free from bias. is equal to the amount of cash paid minus the dollar value of all noncash considerations also given in the exchange. is used in the U.S. to value all business assets. O is the amount that the business could sell an asset for
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Foundations In Personal Finance
Authors: Dave Ramsey
3rd Edition
1936948524, 978-1936948529
