What is Book Value?

Answer Posted / purna chandra magnus school of

In accounting, book value or carrying value is the value of
an asset or according to its balance sheet account balance.
For assets, the value is based on the original cost of the
asset less any depreciation, amortization or impairment
costs made against the asset.

Is This Answer Correct ?    3 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the short cut to select the credit note voucher in Tally ERP 9?

641


Explain About Openpages It Governance?

657


Explain the Bulls and Bears?

628


Expand MCC.

744


What Personal Characteristics Should A Bank Clerk Possess?

702






What is the main purpose of UNESCO and UNICEF?

654


In California What Property Can I Keep?

616


What are adjustment entries? Why are they passed?

681


Quote the best Indian Examples for Consolidation.

4943


What do you understand by Lender of the last resort?

600


What do you know about SEZ?

637


What Is Interest Expense?

692


Hi.. I have done B.Tech. in Biotechnology student. Now I am applying for bank jobs. I would like to know what should be my answer if they ask being a biotechnology student why are u interested in banking sector? Kindy reply plsssss

2034


Tell about GST and its pros and cons?

615


WHAT ARE THE SECTIONS OF SOX THAT ARE RELATED TO INTERNAL CONTROL?

1745