MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Total Assets to Debt Ratio

The portion o...

Question

The portion of the acquisition cost of the asset, yet to be allocated is known as ___________________.

A

Written Down Value

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

B

Accumulated Value

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

C

Realizable Value

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

D

Salvage Value

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

Open in App

Solution

The correct option is D Written Down Value
The write down value (WDV), is the "net book value of an asset computed by deducting the accumulated depreciation or amortization from the value shown in the account books (the book value)."

Suggest Corrections

thumbs-up

0

Similar questions

Q. The portion of the acquisition cost of the asset, yet to be allocated is known as ___________.

Q. Depreciation Accounting has been defined by the ________ as " a system of accounting which aims to distribute the cost or other basic value of tangible capital assets less salvage (if any) over the estimated useful life of the unit (which may be a group of assets) in a systematic and rational manner. It is a process of allocation and not of valuation".

Q. Book value of a depreciation asset will be equal to its salvage value __________.

Q. ______________ is the amount of the acquisition cost to be allocated as depreciation over the total useful life of an asset.

Q. Depreciation is a process of allocation of the cost of fixed asset.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Solvency Ratios

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Total Assets to Debt Ratio

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon