Accountıng Iı Deneme Sınavı Sorusu #1043603

Which of the following is the cash or cash equivalent price of obtaining the asset plus all necessary taxes, purchase commissions and all other amounts paid to ready the asset for its intended use?


Depreciation

Long-lved asset

Economic Life

Property

Cost


Yanıt Açıklaması:

Cost is the cash or cash equivalent price of obtaining the asset plus all necessary taxes,
purchase commissions and all other amounts paid to ready the asset for its intended use. The correct answer is E.

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