Register now or log in to join your professional community.
• Prices adjusted for inflation
• The current sale value of an asset
• The original cost or price paid for an asset
• The average value of an asset
The original cost or price paid for an asset.
The Original Cost or Price Paid for an Asset.....................!!!!
The original cost price paid at the point of acquisition
Historical Value is the original cost or price for an asset
original amount used to acquire an assets or services measured or calculated based on the inception of the contract.
Historical costs/value is the original costs or price paid for an asset. Thus, Choice C, the original costs or price paid for an asset is the right answer
The Original Cost or Price paid for an asset when acquired,
Thank you....
Original Cost less depreciation
Historical value is the cost at which Asset was incorporated in books of accounts
Historical value is the original cost of acquisition.
correct answer :
The original cost or price paid for an asset
...............................
