Accounting concept
MPR sanjay Kumar (CA student) (216 Points)
29 January 2021
what is mean by book value fair value market value with examples
1 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 29 January 2021
Book value means the value which are posted in books of accounts
FMV means the value in which the assets if sold in market derived i.e, the market value of assets at arm's length principle
FMV means the value in which the assets if sold in market derived i.e, the market value of assets at arm's length principle
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