Which of the following is a term for the value at which an asset is reported on a financial statement?
A)Accrual value
B)Adjusted value
C)Equipment,as adjusted
D)Carrying value

Name: Which of the following is a term for the value at which an asset is reported on a financial statement? A)Accrual value B)Adjusted value C)Equipment,as adjusted D)Carrying value
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Question

Quizplus · Accepted Answer

Carrying value is the amount at which an asset or liability is reported ("carried")in the financial statements.It is also known as "book value."

Which of the Following Is a Term for the Value