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Match the Terms with the Definitions

Question 79

Multiple Choice

Match the terms with the definitions.
-The amount an item can be sold for under normal economic conditions.


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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