3. The purpose of recording amortization on capital assets is to: a. reflect the increase in the market value of the assets each period. b. reduce income when the company has an exceptionally profitable year. c. determine the salvage value at the end of the period. LAS d. allocate the original cost of capital assets to expense over its useful life.

3. The purpose of recording amortization on capital assets is to: a. reflect the increase in the market value of the assets each period. b. reduce income when the company has an exceptionally profitable year. c. determine the salvage value at the end of the period. d. allocate the original cost of capital assets to expense over its useful life