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The market value: of an asset is lowered each year by the amount of depreciation expensed for that asset. of fixed assets will always exceed
The market value: of an asset is lowered each year by the amount of depreciation expensed for that asset. of fixed assets will always exceed the book value of those assets. of accounts receivable is generally higher than the book value of those receivables. .. of an asset is reflected in the balance sheet. of an asset tends to provide a better guide to the actual worth of that asset than does the book value
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