Examveda
Examveda

Values of assets purchased or liabilities recorded as recorded by bookkeepers are considered as

A. appreciated values

B. depreciated values

C. market values

D. book values

Answer: Option D

Solution(By Examveda Team)

Values of assets purchased or liabilities recorded as recorded by bookkeepers are considered as book values. Book value is also the net asset value of a company calculated as total assets minus intangible assets (patents, goodwill) and liabilities.

This Question Belongs to Commerce >> Financial Management

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