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Depreciable value of an asset is equal to: ► Cost + scrap value ► Cost + market price ► Cost – scrap value ► None of the given options?

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Question added by Zahra Afzal
Date Posted: 2015/12/27
Mohammad Bilao CPA
by Mohammad Bilao CPA , Senior Accountant , SAUDI PUMPS FOR TRADING AND MANUFACTURING CO.

Depreciable Value of an asset is equal to the Acquisition Cost plus any attributable cost related to its acquisition, (example freight charges, non-refundable rebates, costume duties and taxes) minus the scrap value if any.

Sufiyan Raza
by Sufiyan Raza , Senior Document Controller , Olsen & Partners Interiors LLC

Depreciable value is equal to cost of an asset - scrape value divided by estimated useful life. So None of the above is correct

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