Why we record assets at lower cost in the balance sheet?
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Explanation:
A variation on the concept is to allow the recorded cost of an asset to be lower than its original cost, if the market value of the asset is lower than the original cost. ... In fact, if a company were to sell its assets, the sale price might bear little relationship to the amounts recorded on its balance sheet
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Explanation:
a variation of recorded at lower cost in balance sheet by selected by default on the view shows the document as it will appear when it is printed
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