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Bookkeeping

How Salvage Value Is Used in Depreciation Calculations

How Salvage Value Is Used in Depreciation Calculations

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If it is too difficult to determine a salvage value, or if the salvage value is expected to be minimal, then it is not necessary to include a salvage value in depreciation calculations. Instead, simply depreciate the entire cost of the fixed asset over its useful life. Any proceeds from the eventual disposition of the […]

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