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Depreciation about
what is mean by salvage value is residual value scrap value and salvage value all these are same how to find out
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Quick Summary
Salvage value is the estimated resale value of an asset at the end of its useful life. It is subtracted from the cost of a fixed asset to determine the amount of the asset cost that will be depreciated. Thus, salvage value is used as a component of the depreciation calculation.
Could you please give some examples with practical
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