Business, 18.01.2020 04:31 AjTruu2880

Acompany has a factory building that originally cost the company $250,000. the current fair value of the factory building is $3 million. the president would like to report the difference as a gain.
the write-up would represent a violation of which accounting assumption or principle?

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Acompany has a factory building that originally cost the company $250,000. the current fair value of...

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