Chapter 14 Terms
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Accumulated depreciation | show 🗑
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| Allowance method of recording losses from uncollectible accounts | show 🗑
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| Board of directors | show 🗑
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| show | the difference between an asset's account balance and its related contra account balance.
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| Book value of a plant asset | show 🗑
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| show | the difference between the balance of Accounts Receivable and its contra account, Allowance for Uncollectible Accounts.
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| show | cash and other assets expected to be exchanged for cash or consumed within a year.
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| Declaring a dividend | show 🗑
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| Depreciation expense | show 🗑
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| Dividends | show 🗑
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| show | the amount an owner expects to receive when a plant asset is removed from use.
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| show | the amount of goods on hand for sale to customers.
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| Plant assets | show 🗑
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| Retained earnings | show 🗑
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| show | charging an equal amount of depreciation expense for a plant asset in each year of useful life.
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| show | accounts receivable that cannot be collected.
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
warnerd
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