Meaning Historical Cost Accounting Convention
What does Historical Cost Accounting Convention mean? Here you find 2 meanings of the word Historical Cost Accounting Convention. You can also add a definition of Historical Cost Accounting Convention yourself

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Historical Cost Accounting Convention


An accounting technique that values an asset for balance sheet purposes at the price paid for the asset at the time of its acquisition.
Source: nasdaq.com

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Historical Cost Accounting Convention


An accounting technique that values an asset for balance sheet purposes at the price paid for the asset at the time of its acquisition.
Source: people.duke.edu




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