7. Five methods of measuring values of individual assets are listed below, followed by a series...

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7. Five methods of measuring values of individual assets are listed below, followed by a series of balance sheet accounts. a.

b. Present value c. Net realizable value d. Current replacement cost e. Fair value Match the appropriate method to each accou

business accounting

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Answer 1

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--Requirements asked

1. Receivables net of allowance for doubtful accounts.	c. Net realizable value
2. Bonds Payable	b. Present Value Cost
3. Prepaid Expenses	a. Historical Cost
4. Financial Instruments	e. Fair Value
5. Property, plant, and equipment	a. Historical Cost
6. Investment securities available for sale	e. Fair Value
7. Capital Lease obligations	b. Present Value Cost
8.Raw materials inventory adjusted downward to lower of cost or market	d. Current Replacement Cost
9. Patents	a. Historical Cost
10. Trading securities	e. Fair Value

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7. Five methods of measuring values of individual assets are listed below, followed by a series...

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