Accountancy, asked by atharva886, 8 months ago

Assets are recorded at ____in the books of accounts

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Answered by Anonymous

Answer:

The concept according to which assets are recorded in the books of accounts at the price at which they are acquired or purchased is called cost concept.

Answered by tanvi1307

Answer:

The concept according to which assets are recorded in the books of accounts at the price at which they are acquired or purchased is called cost concept.

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