Net property,plant and equipment are reported on the balance sheet at

A) current market value.
B) historical cost.
C) historical cost minus accumulated depreciation.
D) net realizable value.

Net Property

This term typically refers to the net book value of a company's property, plant, and equipment (PP&E) after accounting for depreciation and amortization.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded for an asset since it was acquired, reflecting its loss of value over time.

Historical Cost

is the original monetary value of an asset or investment at the time of its acquisition, without adjustments for inflation or market fluctuations.