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The difference between the balance of a plant asset account and the related accumulated depreciation account is termed?

a.market value.

b.contra asset.

c.book value.

d.liability.

Project Finance Cash Flow Forecasting Financial Reporting Financial Systems Feasibility Studies
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Question added by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies
Date Posted: 2015/06/07
Upvote (3) Views (51) Followers (6) Answers (6) Report Question
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Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Yes Option C is the right answer.

Ibrahim Murudkar
by Ibrahim Murudkar , Secretary , Accenture - India

The difference between the balance of a plant asset account and the related accumulated depriciaction account is termed as book value.

Yousef Al Yousef
by Yousef Al Yousef , Head , Syria Shell B.V

Book value is the correcyt answer

Abdul Majid Khatri
by Abdul Majid Khatri , A Qualified Chartered Accountant , Honeycomb Logistics Pvt. Ltd.

Book Value................!!!

Shazia Anees
by Shazia Anees , Assistant Manager Finance , Arham Trading Company

option c =========================

Zehab Osman
by Zehab Osman , Accountant , Aldar Consultancy Co.

c.book value-------------------

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