Residual value is specifically A. Scrap value B. The estimated value of a fixed asset at the
Question:
Residual value is specifically
A. Scrap value
B. The estimated value of a fixed asset at the end of its economic life
C. The estimated value of a fixed asset at the end of its physical life
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Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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