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The cost of the asset after expiry of its useful life is called ______?

The cost of the asset after expiry of its useful life is called ______?

اس کی مفید زندگی کی میعاد ختم ہونے کے بعد اثاثہ کی لاگت کو ______ کہا جاتا ہے؟
Explanation
  • Residual value (also called salvage value) is the estimated amount an asset will be worth after its useful life ends.

  • It is used in depreciation calculations to determine the asset’s depreciable cost.