The book value of a plant asset is determined by subtracting the accumulated depreciation from the cost of the plant asset.

Name: The book value of a plant asset is determined by subtracting the accumulated depreciation from the cost of the plant asset.
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The book value of a plant asset is calculated by subtracting the accumulated depreciation from the original cost of the asset. This calculation provides an estimate of the asset's current value on the company's balance sheet.

The Book Value of a Plant Asset Is Determined by Subtracting