Mr Thomas Evans

23rd Edition

ACCOUNTING

Warren/Reeve/Duchac
Chapter 10 Homework

A

Score
Name Rebecca Chase
flux Section

NOTE:Each of the 30 correct answers is
assigned iodine point.




FILL-IN-THE-BLANKâ€"PRINCIPLES AND TERMINOLOGY


INSTRUCTIONS: Complete each of the following statements by composition the appropriate words in the Answers column.

| | |For |
| | |Scoring |
|STATEMENTS |Answers | |
| 0. The depreciation manner that varies the amount of depreciation with the additions usage is called| | |
| |units-of-production |0. ____ |
| 13.



Three factors taken into consideration when depreciation expense is reckon are: | pluss initial cost | |
| 1. _________________________, | | 1. ____ |
| 2. _________________________, and |Assets expected useful life | 2. ____ |
| 3. _________________________. |Assets estimated residual value | 3. ____ |
| 4. Costs that are chargeable to an asset rate or its related accumulated depreciation account |Accumulated depletion | |
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