Salvage value means ___

cash to be paid when asset is disposed off

No worries! We‘ve got your back. Try BYJU‘S free classes today!

estimated disposal value

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

definite sale price of the asset

No worries! We‘ve got your back. Try BYJU‘S free classes today!

cash to be received when life of the asset ends

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B
estimated disposal value

Salvage value means the expected disposal value.

Suggest Corrections

Similar questions

Gain or loss on disposal of an asset is the difference between the sale price of an asset and ___

______________ means cash, cash equivalents and other assets which can be easily converted to cash.

Join BYJU'S Learning Program