1) The book value of a plant asset is obtained by subtracting ______________ from the ______________ of the plant asset

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1) The book value of a plant asset is obtained by subtracting ______________ from the ______________ of the plant asset.

2. Three factors that affect the computation of periodic depreciation expense are (1) _______________, (2) _______________, and (3) _________________.

3. The ________________ method of computing depreciation expense results in an equal amount of periodic depreciation throughout the useful life of the plant asset.

4.The declining-balance method of computing depreciation is known as an _____________ depreciation method.

5. Ordinary repairs that maintain operating efficiency and expected productive life are called _______________.