Another name for "book value" is:
A)Accumulated Depreciation.
B)carrying value.
C)market value.
D)Depreciation Expense.

Question

Quizplus · Accepted Answer

Book value is also known as carrying value, which is the value of an asset as it appears on a company's balance sheet after accounting for depreciation or amortization. Accumulated depreciation is the total depreciation charged on an asset over its useful life. Market value is the value of an asset based on its current market price or trading value. Depreciation expense is the amount of depreciation recognized in a particular accounting period.

Another Name for "Book Value" Is