Depreciation

If you have difficulty answering the following questions, learn more about this topic by reading our Explanation of Depreciation.

NOTE: To see each answer, place your cursor in the middle of the cell under "Unscrambled Answer".

	Word Clue	Scrambled Answer	Unscrambled Answer
1.	Depreciation achieves this principle.	TAGNCIMH	MATCHING
2.	Another name for book value is _________ value.	RARNGIYC	CARRYING
3.	When an asset is depreciated using the _____________-line method, the annual depreciation expense will be the same amount in most years.	TATSGIRH	STRAIGHT
4.	______________ Depreciation is the balance sheet account.	LTUCDEUCAMA	ACCUMULATED
5.	This type of depreciation results in more depreciation in an asset's earlier years and less in its later years.	TRCEAEAECDL	ACCELERATED
6.	Depreciation is an ___________ process not a valuation process.	NOLICAOALT	ALLOCATION
7.	This long-term asset is not depreciated.	NADL	LAND
8.	An asset's cost minus its accumulated depreciation is its book ________.	ALEUV	VALUE
9.	Depreciation for income tax reporting can be different from depreciation for ____________ reporting.	IAFCLINNA	FINANCIAL
10.	Another term for residual value or scrap value is _________ value.	AVASLEG	SALVAGE

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