Accountancy, asked by taheerkhan999, 2 months ago

?
Book value = cost minus
1. Current liabilities
2. Salvage value
3. Accumulated depreciation
4. Residual value

Answers

Answered by Anonymous

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.

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