Explain Book value, Accounting, Basic Statistics

Explain Book value
The net quantity at which an advantage or asset group appears on the books of account, as distinguished from its marketplace or intrinsic value where book value will be considered. In the case of assets subject to reduction by valuation allowances, book value refers to cost or stated value less the suitable payment.
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Explain Book value The net quantity at which an advantage or asset group appears on the books of account, as distinguished from its marketplace or intrinsic value where book value