In the exchanging assets, the acquired new asset is recorded as follows: A -The fair value of the acquired asset plus the amount paid. B. - The fair value of the old asset assigned plus the amount paid oc. - All statements are correct. OD - The book value of the new asset. Land improvements are recorded in the asset account separately from Land because, O . - Land improvements accounts are always recorded in the buildings account. OR - Land improvements accounts are part of other accounts. - Land improvements accounts have depreciation while lands have no depreciation. -All these terms are wrong