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Match the Terms with the Definitions

Question 109

Multiple Choice

Match the terms with the definitions.
-Assets of a durable nature that will be used for operations over several years.


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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