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Depreciation(Word Scramble)

Author:
Harold Averkamp, CPA, MBA

To see each answer, press or click on the blue "Unscramble" button. If you have difficulty answering the following questions, learn more about this topic by reading our Depreciation (Explanation).

1. Depreciation achieves this principle.

MATCHING ACHINGTM
MATCHING HAITNGMC

2. Another name for book value is _________ value.

CARRYING ARIRYNCG
CARRYING IACYNRGR

3. When an asset is depreciated using the _____________-line method, the annual depreciation expense will be the same amount in most years.

STRAIGHT TAISRTGH
STRAIGHT TIHSAGRT

4. ______________ Depreciation is the balance sheet account.

ACCUMULATED CLETUAMUCAD
ACCUMULATED LATACMUCDEU

5. This type of depreciation results in more depreciation in an asset's earlier years and less in its later years.

ACCELERATED ADACEREELCT
ACCELERATED EADEALTERCC

6. Depreciation is an ___________ process not a valuation process.

ALLOCATION AOIALCTNOL
ALLOCATION AOAICNLOTL

7. This long-term asset is not depreciated.

LAND LAND
LAND DNAL

8. An asset's cost minus its accumulated depreciation is its book ________.

VALUE UELVA
VALUE AVEUL

9. Depreciation for income tax reporting can be different from depreciation for ____________ reporting.

FINANCIAL CNIAILFNA
FINANCIAL NFANICALI

10. Another term for residual value or scrap value is _________ value.

SALVAGE AAGSELV
SALVAGE ASAVLEG
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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

Learn More About Harold

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