Residential value is after charging depreciation value of asset therefore when we add depreciation into it we get cost of the asset

Deprecation amount Residential value of a fixed asset:
The residential value of a fixed asset can be determined by considering the deprecation amount. The deprecation amount is the reduction in the value of the asset over time due to wear and tear, obsolescence, or other factors. To calculate the residential value of a fixed asset, the deprecation amount needs to be taken into account.
The correct option for the residential value of a fixed asset is B: Cost of the fixed asset. The cost of the fixed asset represents the original purchase price or acquisition cost of the asset. This cost is used as the basis for calculating depreciation and determining the residential value of the asset.
Here is a breakdown of the options:
A: Accumulated depreciation - This represents the total deprecation amount accumulated over the life of the fixed asset. It is not directly related to the residential value of the asset.
B: Cost of the fixed asset - This is the original purchase price or acquisition cost of the asset and is used as the basis for calculating depreciation. It directly contributes to determining the residential value of the asset.
C: Depreciation expenses - This represents the amount of deprecation recognized in a particular accounting period. While it is related to deprecation, it does not directly represent the residential value of the asset.
D: Future economic benefits of a fixed asset - This refers to the potential benefits or value that the asset will provide in the future. It is not directly related to the residential value, which focuses on the current value of the asset.
In conclusion, the residential value of a fixed asset is determined by considering the cost of the asset, which represents the original purchase price or acquisition cost. Accumulated depreciation, depreciation expenses, and future economic benefits are not directly related to the residential value.