Chapter 7&8

4. accounting form on which a business records information about plant assets
6. multiplying book value at end of each fiscal period
7. analyzing accounts receivable accodring to when they are due
8. depreciation method required by internal revenue service used for income tax calculation
9. number of times average amount of accounts receivable is collected
10. credidting estimated value of uncollectible accounts to contra account
11. canceling balance of a customer account due to customer not expected to pay
13. original cost of plant asset minus accumulated depreciation
14. accounts receivable that cannot be collected
16. fractions based on number of years of a plant assets life
17. calculating estimated annual depreciation expense

1. land and anything attached to it
2. value of an asset determined by tax authorities
3. property not classified as real property
5. charging equal amount of depreciation expense for plant assets
12. recodring collectible accounts expense only when amount is know to be uncollectible
15. decrease in value of plant asset for removal of natural resource