What is the minimum book value to be disclosed in the balance sheet for a plant asset, which is expected to be sold for reasonable amount at the end of its useful life?

Question

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The minimum book value to be disclosed in the balance sheet for a plant asset, which is expected to be sold for a reasonable amount at the end of its useful life, is its salvage value. This is because the salvage value represents the estimated value of the asset at the end of its useful life, which is the minimum amount that the asset is expected to generate when it is sold. Therefore, the salvage value should be disclosed in the balance sheet as the minimum book value for such assets.

What Is the Minimum Book Value to Be Disclosed in the Balance