Economy, asked by ufjvkh173, 1 year ago

What do you mean by scrap value of assets?

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Answered by ayush1492

3

In cost accounting, scrap value refers to a relatively insignificant amount that a manufacturer receives from the sale of production materials that remain after the manufacture of its products. ... In this situation, scrap value is the expected or estimated value of the asset at the end of its useful life.

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