Depreciable value of an asset is equal to _________.
A
Cost + Scrap value
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B
Cost + Market price
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C
Cost - Scrap value
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D
None of them
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Solution
The correct option is A Cost - Scrap value The depreciablecostis thecost of an asset that can be depreciated over time. It is equal to the acquisition cost of the asset minus its estimated salvage value at the end of its useful life.