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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 CIHMGNAT
MATCHING MTGAHINC

2. Another name for book value is _________ value.

CARRYING CIANGRRY
CARRYING NIAGRRCY

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

STRAIGHT RSTAITHG
STRAIGHT IATTGRHS

4. ______________ Depreciation is the balance sheet account.

ACCUMULATED TDACUACLEMU
ACCUMULATED TACMUELUCDA

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

ACCELERATED EADLCTREECA
ACCELERATED TDLCEERCEAA

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

ALLOCATION OILONACALT
ALLOCATION AOALIOLTCN

7. This long-term asset is not depreciated.

LAND LADN
LAND NALD

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

VALUE LEUVA
VALUE UVLEA

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

FINANCIAL FCNLIIANA
FINANCIAL IANCFILAN

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

SALVAGE LASAEGV
SALVAGE SLGVEAA
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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.

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