Question: Just I need answer for A,B,C or D Not need for explanation Question 19 Not yet answered Marked out of 0.50 P Flag question A
Question 19 Not yet answered Marked out of 0.50 P Flag question A transport company purchased a truck for RO 35, 000 to be used in the business. The manager estimates the value of the truck to be RO 45,000 in the market. If the Business follows Historical Cost concept, the amount to be recorded for the truck is a. RO 35,000 O b. RO 26,000 O C. RO 1,000 d. RO 41,000
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