Question: QUESTION ANSWER [ LO 3 ] The net book value ( or carrying value ) of an asset is q , the original cost of
QUESTION
ANSWER
LO The net book value or carrying value of an asset is
the original cost of the asset minus its accumulated depreciation
the original cost of the asset minus its salvage value minus its accumulated depreciation
increased when the market value of the asset increases the amount for which the asset could be sold
IDON'TKNOWYET
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