Question: Question 1.49 Book value equals the asset cost less 2 points O Cash paid for the asset O Gain on sale of asset O Current

Question 1.49 Book value equals the asset cost less 2 points O Cash paid for the asset O Gain on sale of asset O Current year depreciation expense O Accumulated depreciation Question 1.50 Salvage Value is another term for: 2 points O selling value. O asset cost. O residual value. O market value

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