Answer:
b. cost
Explanation:
Assets are accounted for under IAS 16 Property plant and Equipment, IAS 38 Intangible assets and IAS 40 and 41 Investment property and Biological assets.
The historical cost principle requires that assets on initial recognition be recorded at cost. This cost is maintained even as depreciation is charged for the use of the asset.
The cost is then netted off the accumulated depreciation to get the net book value of the asset or the carrying amount.
A savings account that pays interest every month is said to have a quarterly interest period.
Answer:
The purpose of the function is to lend the people indeed.
Explanation:
a central bank help to keep our money and give a loan
Answer:
many other sellers are offering a product that is essentially identical.
Explanation: