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Residual value is the value remaining in the asset at the point in time when the asset has deteriorated to a point that it must either be closed or renewed, and is theref ... See More
Hello Team, When you purchase an asset for your small business, you may need to depreciate it over a period of years rather than deduct the entire amount as an expense in ... See More
i agree with you for residual value definition but The recoverable amount for asset is the higher its fair value less cost to sell and its value in use we shall estimate ... See More