Net book value: Difference between revisions
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imported>Doug Williamson m (Spacing 21/8/13) |
imported>Doug Williamson (Layout.) |
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''Accounting'' | |||
(NBV). | (NBV). | ||
The net value of a fixed asset reported in financial statements. | The net value of a fixed asset reported in financial statements. | ||
Revision as of 12:26, 18 December 2016
Accounting
(NBV).
The net value of a fixed asset reported in financial statements.
For example, its historical cost purchase price LESS the accumulated provision for depreciation.
