Definition of Book value

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TeachMeFinance.com - explain Book value



Book value

The term 'Book value' as it applies to the area of energy can be defined as ' The portion of the carrying value (other than the portion associated with tangible assets) prorated in each accounting period, for financial reporting purposes, to the extracted portion of an economic interest in a wasting natural resource'.

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Bonnet
Bonneville Power Administration (BPA)
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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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