Select the One Term That Best Fits Each Definition

Multiple Choice

Select the one term that best fits each definition
-The decrease in equity that results when a plant asset is sold for less than book value.

A) accelerated depreciation
B) amortization
C) assessed value
D) declining-balance method of depreciation
E) double declining-balance method of depreciation
F) gain
G) gain on plant assets
H) intangible assets
I) loss
J) loss on plant assets
K) personal property
L) plant asset record
M) real property
N) return on investment (ROI)