Garbage Cans are expensed and not capitalized when purchased.

the options are in the attached image

Garbage cans are expensed and not capitalized when purchased. J Choose... Loss Expense recognition principle Comprehensive income Revenue Neutrality Monetary Unit Assumption Predictive value Verifiablity An allowance for doubtful accounts is established. Periodicity Materility Going concern assumption Economic entity assumption Gain Measurement principle (historical cost) Timeliness Earnings per share Full disclosure principle Measurement (fair value) principle Assets Issuance of interim reports is an example of this quality of Consistency Items characterized by service potential or future economic benefit. The dollar is used to report on financial performance