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HOSTING A TOTAL OF 318 FORMULAS WITH CALCULATORS

Book Value

In accounting, book value or carrying value is the value of an asset according to its balance sheet account balance. For assets, the value is based on the original cost of the asset less any depreciation, amortization or impairment costs made against the asset.An assets initial book value is its actual cash value or its acquisition cost. Cash assets are recorded or booked at actual cash value. Assets such as buildings, land and equipment are valued based on their acquisition cost, which includes the actual cash cost of the asset plus certain costs tied to the purchase of the asset, such as broker fees. Not all purchased items are recorded as assets.Monthly or annual depreciation, amortization and depletion are used to reduce the book value of assets over time as they are consumed or used up in the process of obtaining revenue. These non-cash expenses are recorded in the accounting books after a trial balance is calculated to ensure that cash transactions have been recorded accurately.

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Here A=Acquisition cost ,D=Depreciation.

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