Historical Cost in Financial Accounting Formulas

Historical Cost is an accounting principle that states that assets should be recorded on the balance sheet at the original cost paid to acquire them. And is denoted by HC.

Financial Accounting formulas that make use of Historical Cost

fxInventory Write-DownGo

FAQ

What is the Historical Cost?

Historical Cost is an accounting principle that states that assets should be recorded on the balance sheet at the original cost paid to acquire them.

Can the Historical Cost be negative?

{YesorNo}, the Historical Cost, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.

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