Choose the Appropriate Letter of the Explanation to Match the Term.Not

Choose the appropriate letter of the explanation to match the term.Not all explanations will be used.
Term
1._____ Long-lived assets
2._____ Average net fixed assets
3._____ Capitalization of cost
4._____ Units-of-production method
5._____ Carrying value
6._____ Asset impairment loss
7._____ Depreciation
8._____ Net sales revenue
9._____ Declining-balance method
Explanation
A.The average proportion of a company's total assets that is long-lived.
B.A depreciation method that produces higher amounts of depreciation expense in the early years of an asset's life and lower amounts in the later years.
C.The cost of financing an asset.
D.Also known as book value.
E.Assets that have physical substance.
F.The denominator of the fixed asset turnover ratio.
G.How expenses are reported in the income statement.
H.A depreciation method that spreads asset cost by use rather than time.
I.Assets that will be used for more than a year.
J.The process of transferring the cost of long-lived tangible assets to expenses.
K.When a company writes down the value of an asset when estimated future cash flows fall below the original level estimated.
L.The numerator of the fixed asset turnover ratio.
M.When costs are recorded as assets rather than expenses.
N.When a company writes down the value of an asset because estimated future cash flows fall below the book value.