Multiple Choice
Match the terms with the definitions.
-The work sheet columns that show the amounts that will be reported in the statement of owner's equity and balance sheet.
A) Adjusted Trial Balance columns
B) Adjusting entries
C) Balance Sheet columns
D) book value
E) contra-asset
F) depreciable cost
G) depreciation
H) fiscal year
I) historical cost principle
J) Income Statement columns
K) market value
L) matching principle
M) plant assets
N) salvage value
O) straight-line method
P) undepreciated cost
Q) useful life
R) work sheet
Correct Answer:

Verified
Correct Answer:
Verified
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