Q. Net salvage value of a fixed asset is (Solved)
1. Excess of salvage value over book value
2. Excess of book value over salvage value
3. Scrape value
4. Salvage value of fixed assets less any income tax payable on the excess of salvage value over book value
- d. Salvage value of fixed assets less any income tax payable on the excess of salvage value over book value