0 Fill in the blanks with the correct words and phrases

from the word bank. Speaking

BANK 0 With a partner, act out the
roles below based on Task 7.
straight-line depreciation Then switch roles.
accelerated depreciation depreciable assets
USE LANGUAGE SUCH AS:
obsolescence depreciation schedule
I bought a ... is it an expense or ...
1 Use _ _ _ _ _ _ _ _ with the car; it loses value Which depreciation schedule do
quickly in the first years. you ... ?
2 Use to reduce value at a steady rate. How about using the ...?
3 How an asset loses value determines what
_ _ _ _ _ _ _ _ should be used.
Student A: You are calling an
4 Most objects that hold value, except real estate, are
accountant. Talk to Student B
about:
5 Electronic assets like computers and cell phones suffer
• a purchase
• depreciation schedules
0 g Listen and read the memo again. What is meant by • which to use
the term depreciation?
Student 8: You are an accountant.
Answer Student A's questions.
Listening
0 g Listen to a conversation between an accountant
and her client. Mark the following statements as true Writing
(T) or false (F).
1 _ The man recently sold an air conditioner.
0 Use the memo and the
conversation from Task 8 to
2 _ The woman recommends straight-line depreciation. fill out the letter to a client.
3 _ Straight-line depreciation is the most complicated Make up names for the client
method. and accountant.

0 g Listen again and complete the conversation.

Dear--~

Accountant: Hello, Tony. What can I do for you?

I received your request for information
Client: Well, I 1 a new air conditioner.
Is it an expense or a depreciable asset? about depreciation. Here are some
details about depreciation and the
Accountant: An air conditioner? That's a depreciable asset.
different depreciation schedules that
Client: OK. So, I need to 2 depreciation to
keep my books 3 _ __ you can use.
Accountant: Right. Which depreciation schedule do you want to
use?
Client: I don't know. I want something simple and easy.
Accountant: 4 using the straight-line method?
That's the 5 _ __ Cordially,
Client: That 6 _ _ _ _ _ _ to me. --- --~CPA

33