Please help match the definitions

CHAPTER 10 NAME Match each of the following terms with the appropriate definition. Match each of the following terms with the appropriate definit a. Depletion . . . b. Betterment a. Extraordinary repairs c. Ordinary repairs b. Obsolescence d. Declining-balance method C. Amortization e. Intangible assets Depletion 'f. Accelerated depreciation e . Salvage value 9. Change in accounting estimates f . Book value h. Goodwill g. Land improvements i. Leasehold : h. Copyright j. Revenue expenditure i. Inadequacy i. Patent 1. Depreciation method that produces larger depreciation charges during the early years of an asset's life and smaller charges in the later years. 1. Management's estimate of the amount that will be recover 2. A name for the rights granted to the lessee by the lessor by a at the end of a plant asset's-useful life through a sale or as lease. trade-in allowance on the purchase of a new asset 3. A depreciation method in which a plant asset's depreciation 2. Major repairs that extend the useful life of a plant asset charge for the period is determined by applying a constant beyond original expectations. depreciation rate each year to the asset's book value at the 3. A process of systematically allocating the cost of an intang beginning of the year. asset to expense over its estimated useful life. 4. The amount by which the value of a company exceeds the fair 4. A right granted by the federal government or by internation market value of the company's net assets if purchased agreement giving the owner the exclusive privilege to publi separately. and sell musical, literary, or artistic work during the life of th 6. An expenditure to make a plant asset more efficient or creator plus 50 years. productive. 5. A condition in which, because of new inventions and 6. An expenditure that should appear on the current income improvements, a plant asset can no longer by used to prod statement as an expense and be deducted from the period's goods or services with a competitive advantage. revenues because it does not provide a material benefit in 6. The original cost of a plant asset less its accumulated future periods. depreciation. 7. A change in computed amount used in the financial 7. The process of allocating the cost of natural resources to it statements that results from new information or subsequent period when they are consumed. developments and from better insight or improved judgement. 8. An exclusive right granted to its owner to manufacture and 8. The process of allocating the cost of natural resources to a machine or device, or to use a process, for 17 years. periods when they are consumed. 9. A condition in which the capacity of the company's plant 9. Rights, privileges, and competitive advantages to the owner of assets is too small to meet the company's productive long-term assets used in operations that have no physical demands. substance. 10. Assets that increase the usefulness of land but that have a in Donaire main in lonan