Daffodil International University

Faculties and Departments => Business Administration => Business & Entrepreneurship => Accounting – The Language of Business => Topic started by: fahmidaemran on December 08, 2018, 12:41:13 PM

Title: How do you calculate an asset's salvage value?
Post by: fahmidaemran on December 08, 2018, 12:41:13 PM

How do you calculate an asset's salvage value?

In the calculation of depreciation expense, the salvage value of an asset is an estimated amount, and the estimated amount is often zero. With the common assumption of no salvage value, the entire cost of an asset used in a business will be depreciated over the asset's useful life.

Source: https://www.accountingcoach.com/blog/calculate-salvage-value

Title: Re: How do you calculate an asset's salvage value?
Post by: Md. Al-Amin on December 08, 2018, 12:57:49 PM

Nice post.

Title: Re: How do you calculate an asset's salvage value?
Post by: munna99185 on March 23, 2019, 06:11:36 PM

The salvage value is also known as 'residual value'.


Sayed Farrukh Ahmed

Title: Re: How do you calculate an asset's salvage value?
Post by: Anhar Sharif on March 25, 2019, 09:24:48 AM

Scrap value as well

Title: Re: How do you calculate an asset's salvage value?
Post by: kamruzzaman.bba on March 26, 2019, 03:46:31 PM

Thanks