The correct answer is: D. book values
Book value is the value of an asset or liability as recorded in a company’s accounting records. It is calculated by taking the original cost of the asset or liability and subtracting any accumulated depreciation or amortization.
Appreciated value is the value of an asset that has increased in value over time. This can happen due to inflation, changes in market conditions, or improvements to the asset.
Depreciated value is the value of an asset that has decreased in value over time. This can happen due to wear and tear, obsolescence, or changes in market conditions.
Market value is the price at which an asset would be sold in an open market. It is determined by supply and demand, and can be different from the book value of the asset.
In conclusion, the values of assets purchased or liabilities recorded as recorded by bookkeepers are considered as book values.