When a fixed asset is fully depreciated, its net book value is

Accounts - Principles of Accounts WAEC 1998

When a fixed asset is fully depreciated, its net book value is

  • equal to its original cost
  • twice its original cost
  • equal to its current market value
  • the difference between its cost and market value
  • equal to zero checkmark

The correct answer is: E

Explanation

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