answered
Q: What is the primary measure used for asset valuation (is it historic cost convention ?) on the statement of financial position ?
Also, what are the two exceptions to the usual method of asset valuation on the statement of financial position ?
A: Hey Chris !
Thanks for your reply mate. Yes, your information absolutely helps. Even cleared up some extra parts.
Thanks for the time & response.
Have a nice day, Adrian.
answered
Q: What is the primary measure used for asset valuation (is it historic cost convention ?) on the statement of financial position ?
Also, what are the two exceptions to the usual method of asset valuation on the statement of financial position ?
A: Hey Chris !
I'm talking about the business assets.
Appreciate it, Adrian.
question
Q: What is the primary measure used for asset valuation (is it historic cost convention ?) on the statement of financial position ?
Also, what are the two exceptions to the usual method of asset valuation on the statement of financial position ?
