the book value of a plant asset is the:\n\na. balance in the accumulated depreciation account.\nb. cost of…

the book value of a plant asset is the:\n\na. balance in the accumulated depreciation account.\nb. cost of the asset.\nc. accumulated depreciation less the cost of the asset.\nd. cost of the asset less the accumulated depreciation.

the book value of a plant asset is the:\n\na. balance in the accumulated depreciation account.\nb. cost of the asset.\nc. accumulated depreciation less the cost of the asset.\nd. cost of the asset less the accumulated depreciation.

Answer

Brief Explanations:

The book value of a plant asset is calculated by subtracting the accumulated depreciation from the cost of the asset. This formula reflects the net value of the asset as recorded on the books. Option A only considers accumulated depreciation, which is incorrect. Option B only considers the cost, ignoring depreciation. Option C has the subtraction in the wrong order. Option D correctly applies the formula: Book Value = Cost - Accumulated Depreciation.

Answer:

D. cost of the asset less the accumulated depreciation.