Difference between revisions of "Book value"

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[[Book value]] (hereinafter, the ''Value'') is cost of equipment less [[accumulated depreciation]].
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[[Book value]] (hereinafter, the ''Value'') is cost of equipment less [[accumulated depreciation]]. The ''Value]] can also refer to the [[carrying value]] of a [[bond]].
  
  

Revision as of 19:58, 20 December 2018

Book value (hereinafter, the Value) is cost of equipment less accumulated depreciation. The Value]] can also refer to the carrying value of a bond.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Book value. Cost of equipment less accumulated depreciation.

Related concepts

Related coursework