Accountancy, asked by harshada9250, 7 months ago

Non-monetary items are
valued at
current price
historical cost
market price
fluctuating price​

Answers

Answered by kaurmahek123
0

Answer:

Historical cost.

Explanation:

Historical cost measures the value of the original cost of an asset, whereas mark-to-market measures the current market value of the asset.

Answered by Sinthushaa
0

Answer:

Non monetary items are valued at historical cost

Historical cost is the value of asset on the balance sheet and recorded in original cost of asset

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