A fixed asset's market value is reflected in the Balance Sheet.

Name: A fixed asset's market value is reflected in the Balance Sheet.
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A fixed asset's market value is not reflected in the Balance Sheet. Instead, it is recorded at its historical cost or at its current fair value, depending on the accounting standard used. The Balance Sheet only shows the asset's book value, which is its cost minus any accumulated depreciation.

A Fixed Asset's Market Value Is Reflected in the Balance