Residual value

From CNM Wiki
Revision as of 11:24, 17 December 2018 by Gary (talk | contribs)
Jump to: navigation, search

Residual value (hereinafter, the Value) is estimated value of an asset after all the allowable depreciation has been taken.


Definitions

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

Residual value. Estimated value of an asset after all the allowable depreciation has been taken.

Related concepts

Related coursework