Residual (salvage)value means the ________.
A)value an asset has for generating revenue
B)costs capitalized into an asset account
C)cost of an asset plus its accumulated depreciation at the end of its useful life
D)estimated value an asset will have at the end of its useful life

Question

Quizplus · Accepted Answer

Residual (salvage) value refers to the estimated value that an asset will have at the end of its useful life.

Residual (Salvage)value Means the ________