Question

Cost less accumulated depreciation equals

A) depreciable cost.
B) book value.
C) residual value.
D) None of these choices are correct.

Answer 1

Depreciable cost is the correct answer.

Step-by-step explanation:

The correct answer is Depreciable Cost (A).

Depreciable cost refers to the original cost of an asset minus its accumulated depreciation. It represents the portion of the cost that can still be depreciated over the asset's useful life. Therefore, it is the cost of the asset that is subject to depreciation.