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When historical cost is used in the accounting records, the book value of the asset is __________. options: the original cost the market value original cost less accumulated depreciation closed out
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When historical cost is used in the accounting records, the book value of the asset is __________. options: the original cost the market value original cost less accumulated depreciation closed out

User Imre Greilich
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2 Answers

4 votes
original cost is the answer
User Bobby S
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2 votes
the original cost is it
User Arun Raja
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7.5k points
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