MATCHING Match the Person or Term with the with the Correct

question 125

Multiple Choice

MATCHING
Match the person or term with the with the correct description.
-Charles Townshend

• A)offered freedom to slaves if they fought for the British
• B)American traitor in command of West Point
• C)Letters from a Farmer in Pennsylvania
• D)British chancellor of the Exchequer
• E)Massachusetts lieutenant governor
• F)wrote Common Sense
• G)commander of the Continental army
• H)author of the Declaration of Independence
• I)British commander
• J)sailor who died in the Boston Massacre
• K)declared "Give me liberty,or give me death!"
• L)leader of the Green Mountain boys

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Definitions:

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life for accounting purposes, reflecting wear and tear.

Salvage Value

The predicted value that an asset retains at the end of its service period.

Straight-Line Depreciation

Straight-line depreciation is a method of allocating the cost of a fixed asset evenly over its useful life, assuming a constant rate of depreciation each year.

Journal Entry

A record in accounting that notes every transaction, detailing the accounts affected and the amounts charged or credited.