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Match the Terms with the Definitions

Question 98

Multiple Choice

Match the terms with the definitions.
-The period of time that an asset is expected to help produce revenues.


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:

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