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When historical cost is used in the accounting records, the book value of the asset is __________. A. the original cost B. the market value
- When historical cost is used in the accounting records, the book value of the asset is __________.
- A. the original cost
- B. the market value
- C. original cost less accumulated depreciation
- D. closed out
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Accounting and Finance An Introduction
Authors: Peter Atrill, Eddie McLaney
8th edition
129208829X, 1292088297, 978-1292088297
