Salvage value is also called Select one: a. residual value and it is used in case...
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Salvage value is also called Select one: a. residual value and it is used in case we want to use the asset after the end of the depreciation perio b. leftover value and it is used in case we want to use the asset after the end of the depreciation period. c. leftover value and it is the asset's value at the end of its estimated useful life d. residual value and it is the asset's value at the end of its estimated useful life Salvage value is also called Select one: a. residual value and it is used in case we want to use the asset after the end of the depreciation perio b. leftover value and it is used in case we want to use the asset after the end of the depreciation period. c. leftover value and it is the asset's value at the end of its estimated useful life d. residual value and it is the asset's value at the end of its estimated useful life
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ANSWER D residual value and it is the assets valued at the end of its estimated useful life The resi... View the full answer
Related Book For
Principles of Cost Accounting
ISBN: 978-1305087408
17th edition
Authors: Edward J. Vanderbeck, Maria Mitchell
Posted Date:
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