The image contains a matching exercise that pairs accounting terms with their correct definitions. Here is the transcription of the content:Definitions:1. A depreciation method that charges a varying amount to expense for each period of an asset’s useful life depending on its usage.2. An expenditure to make a plant asset more efficient or productive.3. An expenditure reported on the current income statement as an expense because it does not provide a material benefit in future periods.4. A revision in a financial statement amount that results from new information, subsequent developments, better insight, or improved judgment.5. A method that yields larger depreciation expense during the early years of an asset’s life and smaller expense in the later years.6. An expenditure made to keep a plant asset in normal, good operating condition.7. The process of allocating the cost of natural resources to periods when they are consumed.8. A measure of a company’s ability to use its assets to generate sales.9. The amount by which the company’s value exceeds the value of its individual assets and liabilities.10. Certain non-physical items used in operations that confer on their owners long-term rights, privileges, or competitive advantages.Terms (to be matched with definitions):1. Depletion2. Betterment3. Units of Production4. Intangible Assets5. Ordinary Repair6. Accelerated Depreciation7. Change in Accounting Estimate8. Goodwill9. Total Asset Turnover10. Revenue ExpenditureMatches:- 3 matches with Units of Production.- 2 matches with Betterment.- 10 matches with Revenue Expenditure.- 7 matches with Change in Accounting Estimate.- 6 matches with Accelerated Depreciation.- 5 matches with Ordinary Repair.- 1 matches with Depletion.- 9 matches with Goodwill.- 8 matches with Total Asset Turnover.- 4 matches with Intangible Assets.

Introduction: Depreciation: Decreasing value of fixed assets over its useful life period. Example: Machinery , vehicles , etc.A method that yields larger depreciation expense during the early years of an asset's life and smaller expense in the later years. - Accelerated depreciation. An expenditure made to keep a plant asset in normal , good operating condition - Revenue expenditure The process of allocating the cost of natural resources to periods when they are consumed - Depletion. The amount by which the company's value exceeds the value of its individual assets and liabilities.- Goodwill. A measure of a company's ability to use its assets to generate sales - Asset turnover ratio. Certain non physical items used in operation that confer on their owner long term rights , privileges or competitive advantages - Intangible Assets.