A depreciation method in which an equal amount of depreciation expense is assigned to each year of the asset's use is the:
A.units-of-production method.
B.straight-line method.
C.accelerated depreciation method.
D.estimated residual value method.
查看答案
The expected cash value of a plant asset at the end of its useful life is known as:
A.scrap value.
B.salvage value.
C.residual value.
D. all of the above.
When compared to the other methods of depreciation, the double-declining-balance method of depreciation gives depreciation expense that is:
A.less in the earlier periods.
B.higher in the earlier periods.
C.approximately the same in earlier periods as with other methods.
D.the same from year to year.
The journal entry to record depreciation expense is:
A.debit Depreciation Expense, credit the asset account.
B.debit Accumulated Depreciation, credit the asset account.
C.debit the asset account, credit Accumulated Depreciation.
D.debit Depreciation Expense, credit Accumulated Depreciation.
As a depreciable plant asset is used in operations:
A.accumulated depreciation increases and the book value of the asset increases.
B.accumulated depreciation increases and the book value of the asset decreases.
C.accumulated depreciation remains the same and the book value of the asset decreases.
D.accumulated depreciation increases and the book value of the asset remains the same.
微信支付 
支付宝支付