Accounting Book Value Calculation



accounting book value calculation
Accounting Question for you….?

All of the following below are needed for the calculation of depreciation except:

a. Estimated Life
b. Residuale Value
c. Book Value
d. Cost

I am so stumped on this question. I reviewing Straight-line, Unit of production and Double Declining Depreciation methods. Please help

c. Book Value

Book value is what is left after the calculations for depreciation. All of the other choices are part of the calculation.

To calculate depreciation, you start with cost, then subtract residual value. You have to factor in estimated life in order to figure out how much of the total depreciation will be for any given accounting period, whichever method you use.


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New – OCLC Number: 55849985 Excerpt: …2 knowledge that accurate calculation of present-day value is a dif-ficult consideration. Others would say it is not possible to achieve fairly. What, then, is the most responsible public policy to maintain an engine of economic opportunity and job creation when there are many who are calling the current recovery a jobless recovery, or to adopt an admittedly inaccurate accounting standard in the spirit of accurate financial disclosure. I think these are tr

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New – OCLC Number: 55849985 Excerpt: …2 knowledge that accurate calculation of present-day value is a dif-ficult consideration. Others would say it is not possible to achieve fairly. What, then, is the most responsible public policy to maintain an engine of economic opportunity and job creation when there are many who are calling the current recovery a jobless recovery, or to adopt an admittedly inaccurate accounting standard in the spirit of accurate financial disclosure. I think these are tr

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