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The difference between the asset account and its related accumulated depreciation (a.k.a. book value) is known as ________.

The difference between the asset account and its related accumulated depreciation (a.k.a. book value) is known as ________.
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The difference between the asset account and its related accumulated depreciation (a.k.a. book value) is known as ________.

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User LorenzoBerti
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Final answer:

The difference between the asset account and its related accumulated depreciation is known as book value.

Step-by-step explanation:

The difference between the asset account and its related accumulated depreciation is known as book value.

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User Daviestar
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