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Prepaid assets are valued on the balance sheet at Historical cost paid to acquire the asset Historical acquisition cost less expired/used portion present value of
Prepaid assets are valued on the balance sheet at Historical cost paid to acquire the asset Historical acquisition cost less expired/used portion present value of future cash flows acquisition cost less accumulated depreciation replacement (current market value) cost
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
4th Edition
0077262379, 978-0077262372
