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Depreciation Accounting — Accountancy STD 11 — Question

Tamilnadu BoardEnglish MediumSTD 11AccountancyDepreciation Accounting1 Mark
MCQ
………………. is also known as residual value.
  • A
    Book value
  • ✓
    Scrap value
  • C
    Amortization
  • D
    Wear and tear
✓

Answer

Correct option: B.
Scrap value
Scrap value

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