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