The concept of historical cost in accounting involves valuing business resources at their purchase price. This is further explained below.
<h3>What is the historical cost?</h3>
Generally, historical cost is a value of measure used in accounting that records the value of an asset on the balance sheet at its original cost when purchased by the firm.
In conclusion, valuing business resources at their purchase price is what historical cost is about.
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Answer: One solution
Step-by-step explanation:
V=7/9
you would use 1.5 packets, but that requires 2 packets.
1 packet in total would feed 8 people, and half of another would feed an extra 4. 4+8 = 12.
In the <span>addition process</span> this usually involves:
<span><span>rounding numbers up to the nearest multiple of 10 or 100 </span>subtracting the extras that were added at the end.</span>
In the subtraction process this usually involves subtracting too much and completing the calculation by putting some back.