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Depreciation (Word Scramble)

Author:
Harold Averkamp, CPA, MBA

To see each answer, press or click on the blue "Unscramble" button. If you have difficulty answering the following questions, learn more about this topic by reading our Depreciation (Explanation).

1. Depreciation achieves this principle.

MATCHING TMCINAGH
MATCHING INMAGHCT

2. Another name for book value is _________ value.

CARRYING RYIGANCR
CARRYING INRCYRAG

3. When an asset is depreciated using the _____________-line method, the annual depreciation expense will be the same amount in most years.

STRAIGHT RAHSGTIT
STRAIGHT AGTHITSR

4. ______________ Depreciation is the balance sheet account.

ACCUMULATED AAEUMLCCUTD
ACCUMULATED UMLDTACACUE

5. This type of depreciation results in more depreciation in an asset's earlier years and less in its later years.

ACCELERATED ATCADEECREL
ACCELERATED CTAEACDELRE

6. Depreciation is an ___________ process not a valuation process.

ALLOCATION OAINCATLOL
ALLOCATION OCTLLAAION

7. This long-term asset is not depreciated.

LAND ANDL
LAND DLAN

8. An asset's cost minus its accumulated depreciation is its book ________.

VALUE EULVA
VALUE ALUVE

9. Depreciation for income tax reporting can be different from depreciation for ____________ reporting.

FINANCIAL LNICAFANI
FINANCIAL NFCAIALNI

10. Another term for residual value or scrap value is _________ value.

SALVAGE AELSVGA
SALVAGE AGAVLSE
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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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