Plant Assets and More
Introductory Financial Accounting
Dr. Wendy Tietz, CPA, CMA, CGMA, CSCA


Save
Across
  •  1  A special depreciation method used for tax purposes only (abbreviation)

  •  3  Also called scrap value or salvage value

  •  6  New tires or an oil change for a delivery truck

  • 10 The formula to find the book value of a plant asset is _______________ less accumulated depreciation

  • 11 A distinctive identificationÿof a product or service

  • 12 A 20-year grant for exclusive rightsÿto an invention

  • 18 Allocating cost of multiple assets acquired in one purchase is the ____________ method

  • 19 When net book value exceeds estimated future cash flows

  • 21 Original cost less accumulated depreciation

  • 22 The only plant asset that is not depreciable

  • 24 An expenditure that increases an asset's capacity or useful life

  • 25 The financial statement where plant assets would be found

  • 26 Also called property and equipment

  • Down
  •  2  A grant for exclusive rights toÿforms of art or programming

  •  4  An accelerated method of depreciation (abbreviation)

  •  5  Depreciation method where a fixed amount of depreciation is assigned to each unit of output

  •  7  Accumulated depreciation

  •  8  The reduction of a lump-sum amount

  •  9  The excess of the cost of an acquired company over the sum of the market values of its net assets

  • 12 Long-lived assets used in the operation of a business

  • 13 When an equal amount of depreciationÿis allocated each year

  • 14 Long-lived assets with no physical form

  • 15 When another asset can do the job more efficiently, the original asset is _____________

  • 16 An asset?s estimated market value at a particular date

  • 17 Allocates cost of plant asset to expense over life of asset

  • 20 A real estate structure

  • 23 The portion of a natural resource that is used up over time

  • Created with Raphaël 2.3.0
    1

    2

    3

    4

    5

    6

    7

    8

    9

    10

    11

    12

    13

    14

    15

    16

    17

    18

    19

    20

    21

    22

    23

    24

    25

    26

    PDF