Net Book Value
Net book value is the value of an asset after deducting accumulated depreciation from its original cost. It reflects the current accounting value on the balance sheet, not necessarily the market value. Net book value helps track asset value and is important for calculating depreciation and gains/losses on disposal.
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Net Present Value (NPV)
NPV is a financial metric that calculates the present value of future cash flows, discounted at a specific rate, minus…
Non-monetary Asset
A non-monetary asset is an item that cannot be readily converted to a fixed amount of cash, such as inventory,…
Normal Balance
A normal balance is the expected debit or credit side where increases in an account are recorded. For example, assets…
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