If the company plans to sell equipment, how does this equipment get valued on its financial statements until it is sold? Follow the GAAP rules around valuing and depreciating a plant, property, and equipment.

A. Value is based on future cash flow generated from profits and depreciation is not allowed.

B. Value is based on fair value and depreciation is not allowed.

C. Value is based on book value and depreciate as usual.

D. Value is based on how much you paid to obtain it and depreciate as usual. satel

If the company plans to sell equipment, how does this equipment get valued on its financial statements until it is sold? Follow the GAAP rules around valuing and depreciating a plant, property, and equipment. Value is based on future cash flow generated from profits and depreciation is not allowed. O Value is based on fair value and depreciation is not allowed. O Value is based on book value and depreciate as usual. Value is based on how much you paid to obtain it and depreciate as usual.