You are currently viewing content for a different region.
Switch to Global Version
Gross Book Value
The original cost of a fixed asset before any depreciation is deducted. It reflects the purchase price and installation costs. Gross book value is used to calculate depreciation and assess asset value trends before accounting for wear or obsolescence.
More Items
Goods in Transit
Inventory that has been shipped by the seller but not yet received by the buyer. Depending on shipping terms (FOB…
Gross Sales
Gross sale is the total unadjusted sales revenue a business earns before returns, discounts, or allowances. It gives a top-line…
Gross Profit
Gross profit is the difference between revenue and the cost of goods sold (COGS). It shows how much money a…
This website uses cookies to improve your experience. You can accept all or reject non-essential cookies.