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Question #72840

Property, Plant and Equipment are conventionally presented in the Balance Sheet at _________?

Options:

A) Replacement cost – Accumulated Depreciation

B) Historical cost – Salvage Value

C) Historical cost – Depreciation portion thereof

D) Original cost adjusted for general price-level changes

Answer: Property, Plant and Equipment are conventionally presented in the Balance Sheet at Historical cost – Depreciation portion thereof.

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