Question: Tangible assets are first recorded at: A. current market value or resale value. B. cost minus residual (or salvage) value. C. the amount of cash

Tangible assets are first recorded at: A. current market value or

Tangible assets are first recorded at: A. current market value or resale value. B. cost minus residual (or salvage) value. C. the amount of cash paid for them. D. all costs to acquire them and prepare them for use

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