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Business, 15.12.2020 19:20 jodiconklin2358

Tim is the accountant of a trading firm. Two years ago, the company bought a commercial van that had a value of $10,000. The van’s current market price is $8,500. However, Tim continues to value it at the original cost. Which principle guides his action?

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Tim is the accountant of a trading firm. Two years ago, the company bought a commercial van that had...
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