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A. Matching (6 points) Use the appropriate number to match the terms with the phrases below. 1. Residual value 2. Carrying value 3. Depreciable cost

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A. Matching (6 points) Use the appropriate number to match the terms with the phrases below. 1. Residual value 2. Carrying value 3. Depreciable cost 4. Straight line method 5. Production method 6. Double declining method i. Cost - salvage value Under this method, we would spread an asset's depreciable cost evenly over its useful life ii. The amount of money we think the asset is going to be worth at the end of its useful live iv. When we are using this method to calculate depreciation, annual depreciation is based on the units of activities Under this method, you depreciate the asset a lot in the early years and less in the later years vi. It is also known as the "book value", it is amount of cost that haven't been depreciated

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