Question: In computing depreciation, salvage value is a. The fair value of a plant asset on the date of acquisition. B. Subtracted from accumulated depreciation to

In computing depreciation, salvage value is

 a. The fair value of a plant asset on the date of acquisition.

 B. Subtracted from accumulated depreciation to determine the plant asset’s depreciate cost.

 C. An estimate of a plant asset’s value at the end of its useful life. 

D. Ignored in all the depreciation methods.

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