Depreciation Pr...

Depreciation is a process of ___________.

Under the __________ system of depreciation, the amount of depreciation does not change from year to year.

Rights or economic benefits, such as franchises, patents, trademarks, copyrights, and goodwill that are not physical in nature are called _________.

Depreciation accounting is a process of ___________.

Land is not a depreciable asset because __________.

The estimated value of depreciable assets after useful life is called __________.

The number of years an asset is expected to be useful before it wears out is called its ___________.

To be classified as a depreciable asset the useful life should be ___________.

Resources that are held for an extended time, such as land, buildings equipment, natural resources and patents are called __________.

The features of a depreciable asset includes _______________.