Plant and equipment are charged aExplain the differences between accounting for the disposal of assets that are accounted for as a discontinued operation and those that are not accounted for as a discontinued operation. What conditions are indicative of a discontinued cooperation?t historical cost under current GAAP. a. Give arguments in support of the historical cost principle, using the conceptual framework to support your arguments. b. What types of costs would be included in the acquisition phase (that is, getting the asset ready for its intended use)