ok
i don't know please help me with the right answer
Cuz of 'going concern' principle...
what is the definition of historical cost
This price of this policy is all dependent on several variables, but it typically costs half of one percent of insured sales. Rates are dependent on trading history, and historical debt loss.
Historical cost is the cost of an item when it was originally acquired. Historical cost does not reflect the change of value over time that an asset undergoes.
strength of historical cost accounting
No
Where are you going that the cost of a hotel is your major concern? I sure wouldn't want to be your "other" half if you are that cheap.
The delivery cost of FTD is completely dependent on where the flowers are going to be shipped. Unless insurance is purchased, the delivery fee follows the standard set by the company.
I believe historical cost is the original cost @ time of buying. Replacement cost is the price it would cost you @ present day values
The price for a Volkswagen Sharan is dependent on the year and condition of the car that is going to be purchased. The price can be anywhere from $10,000 to $30,000
Historical cost model is a valuation process for assets wherein they are valued at cost of acquisition plus all costs incidental to cost of acquisition.