Assets and liabilities on the balance sheet are valued at:
A) Historical cost.
B) Fair value.
C) Net realizable value.
D) all of these.

Name: Assets and liabilities on the balance sheet are valued at: A) Historical cost. B) Fair value. C) Net realizable value. D) all of these.
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Question

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Assets and liabilities on the balance sheet can be valued at historical cost, fair value, or net realizable value, depending on the specific asset or liability and the accounting policies of the entity.

Assets and Liabilities on the Balance Sheet Are Valued At