Historic cost

From ACT Wiki
Revision as of 15:23, 29 October 2020 by imported>Doug Williamson (Create page. Source: Historical cost page.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

1. Financial reporting - accounting practices - measurement.

Historic cost is the original cost of assets to a reporting entity.


2.

More generally, any original cost.


Also known as historical cost.


See also