50. How are natural resources accounted for?

1. What are natural resources and give some examples?
2. In your own words, describe what is depletion?

50. How are intangible assets accounted for?

1. List some examples of intangible assets: i)

ii) iii) b) Match the following asset with the related expense: 1. Plant Assets 2. Natural Resources 3. Intangible Assets

_____ Depletion

_____ Depreciation

_____ Amortization