Match each term with the correct definition. a.Deferred taxes b.Equity method c.Capital expenditures d.Operating expenditures e.Prepaid taxes f.Depletion g.Depreciation ...

Match each term with the correct definition.

a.Deferred taxes

b.Equity method

c.Capital expenditures

d.Operating expenditures

e.Prepaid taxes

f.Depletion

g.Depreciation

h.Straight-line method

23.Systematic allocation of the cost of natural resources to the periods that benefit from their use

24.Outlays made to extend the life of existing plant assets

25.The process of allocating the cost of plant assets to expense over the periods that benefit from their use

26.The difference between income tax expense reported on the company’s books and income taxes payable

27.Method that adjusts the investment account of the investor in proportion to changes in the book value of the investee's stockholders' equity

28.Outlays to maintain plant assets that do not extend their life or enhance their value