In Computing Depreciation, Salvage Value Is

question 13

Multiple Choice

In computing depreciation, salvage value is

• A) the fair market value of a plant asset on the date of acquisition.
• B) subtracted from accumulated depreciation to determine the plant asset's depreciable 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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