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Question 6 Not yet On 1 January 2020, Shine Enterprises purchased a land for OMR 200,000.00. In 2021, the current market value of the land

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Question 6 Not yet On 1 January 2020, Shine Enterprises purchased a land for OMR 200,000.00. In 2021, the current market value of the land is OMR450,000.00. However, the business continues to report the land at OMR 200,000.00. This is justified under which of the following concept? answered Marked out of 2.00 Flag question Select one: a. Time interval. O b. Historical cost concept. c. None of the above. d. Matching concept. e. Money measurement

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