Archive pour décembre 2022
Salvage Value Meaning, Formula How to Calculate?
After that, this value is deducted from the total cost of the assets, and then the depreciation is charged on the remaining amount. For example, if the machinery of a company has a life of 5 years and at the end of 5 years, its value is only $5000, then $5000 is the salvage value.…
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