is the amount for which an asset could
be exchanged, or a liability settled between
knowledgeable, willing parties in an arm's length
transaction.
OPTIONS
a.
Net Realisable Value
b.
Fair Value
Standard Value
d.
Market Value
Answers
Answered by
0
Answer:
a is your answer........... ..
Answered by
0
Answer:
b) fair value
Explanation:
because assets are exchanged between parties to settled off liabilities which was values only on the balance sheet which was fair value
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