The estimated value at which an asset is expected to be sold after the end of its useful life is called
A. Residual value
B. Salvage value
C. Scrap value
D. All of the above
Answer: Option D
Solution(By Examveda Team)
The estimated value at which an asset is expected to be sold after the end of its useful life is called Residual value, Salvage value and Scrap value.This Question Belongs to Commerce >> Accounting
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