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:
AB = 3
Step-by-step explanation:
AB = AD
AB² + 4² = (AB + 2)²
AB² + 16 = AB² + 4AB + 4
combine like terms:
4AB = 12
AB = 3
4/5 * 3 = 12/5 liters There are 2 cups in a liter so to find the root beer in cups, divide 12/5 by 2. You will get 12/10 cups which is 1.1 cups