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Book Value of a non-current asset such as car, equipment etc. (except Land) will be calculated by: Subtracting the accumulated depreciation from its original cost.

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Book Value of a non-current asset such as car, equipment etc. (except Land) will be calculated by: Subtracting the accumulated depreciation from its original cost. Dividing the depreciable amount of the non-current asset by its number of years in life. Adding its original purchase price with the accumulated depreciation. Subtracting the depreciation expense for the year from its historical cost

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