Book Value is defines as -
(a) Value shown on Balance sheet for Tax Assessment.
(b) original investment of a Company on its assets, including properties and machinery less depreciation for the period passed.
(c) Value of asset when its useful span of life is over but still it has not become useless.
(d) Value of old materials in a asset less cost of demolition.
The correct Answer Is
(b) original investment of a Company on its assets, including properties and machinery less depreciation for the period passed
(a) Value shown on Balance sheet for Tax Assessment.
(b) original investment of a Company on its assets, including properties and machinery less depreciation for the period passed.
(c) Value of asset when its useful span of life is over but still it has not become useless.
(d) Value of old materials in a asset less cost of demolition.
The correct Answer Is
(b) original investment of a Company on its assets, including properties and machinery less depreciation for the period passed
