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Salvage Value, also known as residual value, is: Question 6 options: An estimate of the amount that will be realized at the end of the

Salvage Value, also known as residual value, is:

Question 6 options:

An estimate of the amount that will be realized at the end of the useful life of a depreciable asset.

Gain that will be realized then an asset is scrapped

The estimated accumulated depreciation at the end of an asset life.

The actual value at the end of the useful life of a depreciable asset.

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