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terminal scrap

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(Querist)
24 May 2009 sir,
pls tell me the meaning of terminal scrap value?
what is the difference between scrap and terminal scrap??
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Sachidanand Singh

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Sachidanand Singh (Expert)
25 May 2009 If a project's life is 12 years then whatever assets are left after 12 years are terminal scrap. In normal course a firm generates scrap which sells and earns other income.

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