QUESTION 7 Please match the correct description with the correct account classification. Money borrowed to pay building contractor. Architect's fee on building Cost of razing and removing a building. Installation of fences around property Proceeds from salvage of demolished building Refund of 1-month insurance premium because construction completed early. Interest costs during construction Avoidable interest Copyrights Patent Goodwill Trademarks Lack physical existence Doesn't deduct salvage value A. Building B. Granted for the life of the creator plus 70 years. C. Reduce Land D. Intangibe Asset 28 points Save Answer E- Excess of cost of the purchase over the FMV of the identifiable net assets. F. Land Improvements. G. Notes Payable H. Double Declining Balance 1. Capitalize actual costs incurred during construction. J. Gives holder exclusive use for 20 years. K. Land L. Legal protection for indefinite number of 10 year renewal periods M. Amount by which the weighted-average accumulated expenditures exceeds the construction loan. N. Reduce Building.