advantages and disadvantages of historical cost for accounting?

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advantages and disadvantages of historical cost for accounting?

2006-11-14 13:54:36 · 3 answers · asked by jiayi_882001 1 in Business & Finance ➔ Other - Business & Finance

3 answers

the advantages are that you get interest over years if they are historical and you can get a lot of mone because they are worth more. the disadvantages are that you cannot buy anything while you are accounting, and today's government i think they discriminate against that kind of stuff

2006-11-14 13:56:55 · answer #1 · answered by Anonymous · 0⤊ 0⤋

It provides jobs many but hinders initiative to improve the lot of people in general

2006-11-14 13:59:21 · answer #2 · answered by evertalall 4 · 0⤊ 0⤋

lol another segi student?

2016-03-28 05:59:05 · answer #3 · answered by Anonymous · 0⤊ 0⤋