I need this question answered using the parameters listed. This forum has to be able to be submitted to turnitin.

Requirement: Why does the balance sheet report historical cost information instead of market values for assets? Instructions: Your initial response should be no less than 350-words with at least one scholarly journal reference (dictionary-type websites are excluded)**. Respond to at least two of your classmates with a minimum of 150 words and include direct questions. Include in-text citations and references in APA format. Refer to Forums Grading Rubric for additional guidelines. Initial Post Due: Wednesday, by 11:55 pm, ET Replies to Classmates Due: Sunday, by 11:55 pm, ET **Make sure you are using credible sources in your discussions and assignments. Scholarly journals are the preferred source of credible/quality references. These consist of peer-reviewed articles published in academic journals related to the field, which are found via our Library. Websites such as Investopedia, ask.com, answers.com, or dictionary-type of websites limit the insight to the topics. Wikipedia is not acceptable as it is not a reliable, credible source of reference. The purpose is to bring in new information and how does it apply to our topic from a real-world perspective, instead of extending on definitions that are found in the book. More information what a credible source consists of can be found here: http://writingcommons.org/evidence/supporting-sources/630-what-might-be-a-more-crediblereliable-source Forums Guidelines Criteria Requirements All forum questions are answered completely. Responses are original in content with a minimum of one scholarly journal reference. All posts demonstrate analysis of the topic. Responses to classmates are significant and advance the discussion. Main response is posted by Wednesday. Main response is no less than 350 words. Reply to at least two of their classmates by Sunday. Responses to classmates are at least 150 words. Responses are organized and logical. Minimal spelling or grammatical errors. References are used and cited properly in APA format. Appropriate language, respect, and consideration toward Quality Guidelines (50%): Participation Guidelines (30%): Clarity, Organization, & Professionalism Guidelines (20%): peers/instructor