?
Book value = cost minus
1. Current liabilities
2. Salvage value
3. Accumulated depreciation
4. Residual value
Answers
Answered by
24
AnswEr :
Book value = Cost - Accumulated depreciation
★ Book value = It's that part of the cost of fixed asset which has not yet been written off or depreciated.
★ Book value is also known as Written Down value.
Similar questions