What do you understand by written down value method ?
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Written-down value is a method used to determine a previously purchased asset's current worth and is calculated by subtracting accumulated depreciation or amortization from the asset's original value. The resulting figure will appear on the company's balance sheet.
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Written-down value is a method used to determine a previously purchased asset's current worth and is calculated by subtracting accumulated depreciation or amortization from the asset's original value. The resulting figure will appear on the company's balance sheet
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