Book Balance, Book Value And Book Value

For fixed assets,

Book balance = original account value of fixed assets

Net book value = original value of fixed assets - accumulated depreciation

Book value = original price of fixed assets - accumulated depreciation - provision for impairment

For intangible assets,

Book balance = intangible assets Account book Original price

Net book value = original value of intangible assets - mentioned Cumulative Amortization

Book value = original price of intangible assets - accumulated amortization of provision - provision for impairment

Therefore, enterprises' Depreciation of fixed assets or amortization of intangible assets, and the provision of depreciation for fixed assets and intangible assets will not affect the book balance of fixed assets and intangible assets, but only affect their book value.

For other assets of an enterprise, it only involves book value and book value. balance The concept. The book value is minus the amount of the provision for impairment, and the book balance is the sum of the balance in each account.