The portion of the acquisition cost of an asset yet to be allocated is known as
A. Written down value
B. Accumulated value
C. Realizable value
D. Salvage value
Answer: Option A
Solution(By Examveda Team)
The portion of the acquisition cost of an asset yet to be allocated is known as Written down value. Written-down value is the value of an asset after accounting for depreciation or amortization.Related Questions on Accounting
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