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:
decreasing
Step-by-step explanation:
since its negative it will slope down
Answer:
The equation of the sraight line 3x- y+ 6 =0
Step-by-step explanation:
<u><em>Explanation:-</em></u>
Given that the gradient of the function
|gradf| = 3 and point (-1,3)
Given that the slope of the line
m = 3
The equation of the straight line passing through the point(-1,3) and slope m =3

y-3 = 3(x-(-1))
y-3 = 3x+3
3x +3-y+3=0
3x- y+ 6 =0
<u><em>Final answer:-</em></u>
The equation of the sraight line 3x- y+ 6 =0
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