Difference between revisions of "Book value"
(→Related coursework) |
|||
| Line 5: | Line 5: | ||
According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | ||
:[[Book value]]. Cost of equipment less [[accumulated depreciation]]. | :[[Book value]]. Cost of equipment less [[accumulated depreciation]]. | ||
| + | According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | ||
| + | [[Book value]]. The original cost minus accumulated depreciation of an asset. | ||
==Related concepts== | ==Related concepts== | ||
| Line 12: | Line 14: | ||
*[[Bookkeeping Quarter]]. | *[[Bookkeeping Quarter]]. | ||
| − | [[Category: Septem Artes Administrativi]][[Category: Articles]] | + | [[Category: Septem Artes Administrativi]][[Category: Articles]][[Category: Accounting]] |
Revision as of 18:33, 9 July 2020
Book value (hereinafter, the Value) is cost of equipment less accumulated depreciation. The Value can also refer to the carrying value of bonds.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Book value. Cost of equipment less accumulated depreciation.
According to Cost Accounting by Horngren, Datar, Rajan (14th edition), Book value. The original cost minus accumulated depreciation of an asset.
Related concepts
- Bookkeeping. Recording, filing, and retrieving of financial data, as well as producing those financial reports that are required by laws.
