Ch 10 quiz

# Ch 10 quiz - ECAMP PRINCIPLES OF ACCOUNTING I ACT-2291-XTIA...

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ECAMP PRINCIPLES OF ACCOUNTING I ACT-2291-XTIA 09/T5 (DANIEL) (ECAMP-ACT2291XTIA-09T5) > TOOLS > MY GRADES > VIEW ATTEMPTS > REVIEW ASSESSMENT: REAL QUIZ FOR CHAPTER 10

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Review Assessment: REAL QUIZ FOR CHAPTER 10 Janice Thomas 7/17/09 9:28 PM REAL QUIZ FOR CHAPTER 10 Completed 90 out of 100 points 0 hours, 37 minutes, and 13 seconds out of 1 hours and 0 minutes allow Questio n 1 5 out of 5 points The calculation for annual depreciation using the straight-line depreciation method is Selected Answer: Correct Answer: Questio n 2 5 out of 5 points The exclusive right to use a certain name or symbol is called a Selected Answer: Correct Answer: Questio n 3 5 out of 5 points Which of the following should be included in the acquisition cost of a piece of equipment? Selected Answer:
Questio n 3 5 out of 5 points Correct Answer: Questio n 4 5 out of 5 points On December 31, Strike Company has decided to sell one of its batting cages. The initial cost of the equipment was \$215,000 with an accumulated depreciation of \$185,000. Depreciation

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Ch 10 quiz - ECAMP PRINCIPLES OF ACCOUNTING I ACT-2291-XTIA...

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