Name the valuation bases) that are used for each of the asset and liability accounts shown here Some assets and liabilities can use more than one valuationbase Original Cost Fair Market Value (FMV) Present Value Replacement Cost Cash Short term investments Inventories Prepaid expenses Long term inv...

Fair Original Cost Market Value Present Value Replacement Cost Cash X ShortTerm Investments 1 Invent ...

Name the valuation bases) that are used for each of the asset and liability accounts shown here.

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Name the valuation bases) that are used for each of the asset and liability accounts shown here. Some assets and liabilities can use more than one valuationbase.

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Financial Accounting in an Economic Context

ISBN: 978-0470635292

8th Edition

Authors: Jamie Pratt

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Question Posted: Oct 30, 2011 11:47 AM

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Name the valuation bases) that are used for each of the asset and liability accounts shown here.

Question:

Original Cost Fair Market Value (FMV) Present Value Replacement Cost Cash Short-term investments Inventories Prepaid expenses Long-term investments Notes receivable Machinery Equipment Land Intangible assets Short-term payables Long-term payables

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Financial Accounting in an Economic Context

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