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Question
The Balance sheet will always reflect the _______ value of fixed assets after charging depreciation.
The Balance sheet will always reflect the _______ value of fixed assets after charging depreciation.
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Solution
The correct option is D Written Down value
Written-down value is the value of an asset after accounting for depreciation or amortization. It reflects a previously purchased asset's present worth. Written down value appears on the balance sheet and is calculated by subtracting accumulated depreciation or amortization from the asset's original value.
Written-down value is the value of an asset after accounting for depreciation or amortization. It reflects a previously purchased asset's present worth. Written down value appears on the balance sheet and is calculated by subtracting accumulated depreciation or amortization from the asset's original value.
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