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Day: August 23, 2017

Net book value

  • by Yogesh Pachpute
  • Posted on August 23, 2017August 23, 2017
  • Fixed Asset

Net book value is the amount at which an organization records an asset in its accounting records. Net book value is calculated as the original cost of an asset, minus any accumulated depreciation, accumulated depletion, accumulated amortization, and […]

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What is negative depreciation in regard with fixed assets?

  • by Yogesh Pachpute
  • Posted on August 23, 2017August 23, 2017
  • Fixed Asset

Depreciation is a common accounting concept that helps adjust the value of a deteriorating asset over time as it becomes less efficient. A business can depreciate an asset with an expected useful life of more […]

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