>  Term: salvage, net
salvage, net

The difference between value of salvage and cost of removal resulting from the removal, abandonment, or other disposition of plant. Positive net salvage results when salvage value exceeds removal costs. Negative net salvage results when removal costs exceed salvage value. Positive net salvage decreases the cost to be recovered through depreciation expense, and negative net salvage increases it.

0 0

작성자

  • JJD
  •  (Gold) 2369 포인트
  • 100% positive feedback
© 2024 CSOFT International, Ltd.