In the accounting period, according to which concept, cost incurred to acquire an asset is shown in the balance sheet?

In the accounting period, according to which concept, cost incurred to

1.	In the accounting period, according to which concept, cost incurred to acquire an asset is shown in the balance sheet?
A.	Cost concept
B.	Business concept
C.	Realisation concept
D.	Accounting period concept
Answer» B. Business concept

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In the accounting period, according to which concept, cost incurred to acquire an asset is shown in the balance sheet?

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