please do both problems

Question 12 3.1 pts The allocation of the costs of plant assets over their expected useful lives is known as: Accumulated depreciation. A contra account. The expense recognition (matching) principle. Depreciation. olo An accrued account. D Question 8 3.1 pts The current period's ending inventory is: The next period's beginning inventory. The current period's cost of goods sold. The prior period's beginning inventory. The current period's net purchases. The current period's beginning inventory. 3.1 pts