The calculation of book value depends on estimates of service life and residual value. Because the actual

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The calculation of book value depends on estimates of service life and residual value. Because the actual residual value probably differs from these estimates, the amount realized from the sale of a PPE asset will probably be [equal to / different from] its book value.

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Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

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