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8 Cards in this Set
- Front
- Back
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The total depreciation to date
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accumulated depreciation
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distribute
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apportion
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the approximate value of an item after you have owned it and depreciated it for a period of time
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book value
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a decrease in the value of an item because of it's age or condition
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depreciation
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the length of time, usually in years, it is expected to last
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estimated life
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the record of the gross income, deductions, and net income of your company's employees
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payroll register
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the estimated trade-in, resale, or scrap value at the end of the items expected life
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salvage value
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one way to determine the annual depreciation of an item
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straight-line method
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