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historical cost
Definition
An
accounting
principle
requiring all
financial statement
items to be based on
original cost
.
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Nearby Terms
hire car
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historic structure
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historical cost accounting
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Popular 'Accounting' Terms
current ratio
equity
working capital
asset
EBITDA
revenue
net income
negotiable
net profit
net worth
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capital net worth
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net plant and equipment
Mentioned in these terms
historical cost depreciation
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