Match the Terms with the Definitions

question 98

Multiple Choice

Match the terms with the definitions.
-The period of time that an asset is expected to help produce revenues.

• 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

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Definitions:

Self-Government

The right or ability of a community or nation to govern itself without external control, making its own laws and policies.

Slavery

A system in which individuals are owned by others, deprived of personal freedom, and forced to perform labor or services against their will.

Republican Government

A form of government where the country is considered a "public matter" and is governed by representatives elected by the citizen body, not by a monarch.

Frederick Douglass

An African-American social reformer, abolitionist, orator, writer, and statesman who escaped from slavery and became a leader of the abolitionist movement.