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Q. |
Net salvage value of a fixed asset is |
A. | Excess of salvage value over book value |
B. | Excess of book value over salvage value |
C. | Scrape value |
D. | Salvage value of fixed assets less any income tax payable on the excess of salvage value over book value |
Answer» D. Salvage value of fixed assets less any income tax payable on the excess of salvage value over book value |
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