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    5. Book value of durable assets refers to:

    Question

    Book value of durable assets refers

    to:
    A Market price of assets Correct Answer Incorrect Answer
    B Purchase price of assets Correct Answer Incorrect Answer
    C Production price of assets Correct Answer Incorrect Answer
    D Value at cost Correct Answer Incorrect Answer

    Solution

    Book value of durable assets refers to value at cost.

    Practice Next
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