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nordsb [41]
3 years ago
10

The total cost of an asset less its accumulated depreciation is called:

Business
1 answer:
mars1129 [50]3 years ago
7 0
Total cost of asset less depreciationThe book value of an asset is the original cost of the asset less its accumulated depreciation. At the end of year three, for example, total accumulated depreciation equals $7,080, and the book value equals $5,720.
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