Question: Question 2 ( 2 points ) What accounting principle states that assets of a company must be initially recorded at their original cost? a .

Question 2(2 points)
What accounting principle states that assets of a company must be initially recorded at their original cost?
a. expense recognition
b. conservatism
c. historical cost
d. revenue recognition
Answer:
A
Question 2 ( 2 points ) What accounting principle

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