the expected value of a depreciable asset at the end of its useful life is called \n\na. book value\nb…

the expected value of a depreciable asset at the end of its useful life is called \n\na. book value\nb. accrued expense\nc. residual value\nd. depreciation expense

the expected value of a depreciable asset at the end of its useful life is called \n\na. book value\nb. accrued expense\nc. residual value\nd. depreciation expense

Answer

Answer:

C. residual value

Brief Explanation:

Residual value is the expected value of a depreciable asset at the end - of - useful - life. Book value is the asset's value on the books at a given time. Accrued expense is an expense that has been incurred but not yet paid. Depreciation expense is the allocation of an asset's cost over its useful life.