Computer · Estimation and Costing
What is meant by the "Salvage Value" of a property?
- 1Value shown in the account book after allowing necessary depreciations
- 2The dismantled sale value of the materials of a property at the end of its useful life
- 3Value shown in the account book after allowing necessary salvage deductions
- 4Estimated value of a property as a whole without dismantling at the end of its useful life✓
Correct answer
Estimated value of a property as a whole without dismantling at the end of its useful life
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