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1. Shipping costs, assembly costs, and training of employees, which increases the productivity of an asset, should be debited to that asset account. True or

1. Shipping costs, assembly costs, and training of employees, which increases the productivity of an asset, should be debited to that asset account. True or False

2. The account used to show the cost of an asset that has been expensed is _______.

3. Costs which are _______ and _____ to get a fixed asset ready to generate revenue are capitalized to that asset account.

4. Depreciation expense is recorded each period to satisfy the matching principle. True or False

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