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Question

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 depreciable cost is the cost 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.
Hence, the correct option is C.

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