Match the term to the statement that best defines or illustrates the term

Group of answer choices

An expenditure for plant assets that is recorded on the balance sheet

[ Choose ] Net realizable value Conservatism Trial Balance Capital expenditure General ledger Salvage value Cost principle Expense (Matching) Principle Net book value Materiality

All accounts and their activity

[ Choose ] Net realizable value Conservatism Trial Balance Capital expenditure General ledger Salvage value Cost principle Expense (Matching) Principle Net book value Materiality

Assets should be recorded at the price paid for them

[ Choose ] Net realizable value Conservatism Trial Balance Capital expenditure General ledger Salvage value Cost principle Expense (Matching) Principle Net book value Materiality

Insignificant amounts would not likely influence the user of financial statements

[ Choose ] Net realizable value Conservatism Trial Balance Capital expenditure General ledger Salvage value Cost principle Expense (Matching) Principle Net book value Materiality

Expenses follow revenues

[ Choose ] Net realizable value Conservatism Trial Balance Capital expenditure General ledger Salvage value Cost principle Expense (Matching) Principle Net book value Materiality

The difference between cost and accumulated depreciation

[ Choose ] Net realizable value Conservatism Trial Balance Capital expenditure General ledger Salvage value Cost principle Expense (Matching) Principle Net book value Materiality

Listing of all accounts and their balances at a point in time

[ Choose ] Net realizable value Conservatism Trial Balance Capital expenditure General ledger Salvage value Cost principle Expense (Matching) Principle Net book value Materiality

Expected resale value of property or equipment at the end of its service life

[ Choose ] Net realizable value Conservatism Trial Balance Capital expenditure General ledger Salvage value Cost principle Expense (Matching) Principle Net book value Materiality