Property, Plant and Equipment are conventionally presented in the Balance Sheet at _________?

(A) Replacement cost – Accumulated Depreciation (X)
(B) Historical cost – Salvage Value (X)
(C) Historical cost – Depreciation portion thereof ()
(D) Original cost adjusted for general price-level changes (X)

Answers: Property, Plant and Equipment are conventionally presented in the Balance Sheet at Historical cost – Depreciation portion thereof.