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Match the definition with the accounting term Plant asset Ordinary Repairs Intangible assets Depletion Straight line depreciation Accelerated depreciation Units of Production Depreciation Useful life,
Match the definition with the accounting term Plant asset Ordinary Repairs Intangible assets Depletion Straight line depreciation Accelerated depreciation Units of Production Depreciation Useful life, salvage value and cost Change in accounting estimate Betterment Match each of the options above to the Items below. An expenditure to make a plant asset more efficient or productive Expenditures made to keep a plant asset in normal, good operating condition The process of allocating the cost of natural resources to periods when they are consumed A change in a financial statement amount that results from new Information, subsequent developments, better Insight or Improved judgment A depreciation method that charges a varying amount to expense for each period of an asset's useful life depending on its usage Certain nonphysical assets used in operations that confer on their owners long-term rights, privileges or competitive advantages A method that yields larger depreciation expense during the early years of an asset's life and smaller expense in the later years A depreciation method that ylelds a constant amount of depreciation each year Tangible in nature, benefits future periods, activity used in operations. Factors used to calculate deprecation
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