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A credit to the Accounts Receivable account in the general ledger and a debit to the customer's account in the accounts receivable ledger A credit to Sales and a credit to the customer's account in the accounts receivable ledger Question 14. Question : Amortization: Is the systematic allocation of the cost of an intangible asset to expense over its estimated useful life Is the process of allocating to expense the cost of a plant asset to the accounting periods benefiting from its use Is the process of allocating the cost of natural resources to periods when they are consumed Is an accelerated form of expensing an asset's cost Is the same as depletion Question 15. Question : A company's annual accounting period ends on September 30. During the current year a depreciable asset which cost $16,000 was purchased on January 1. The asset has a $2,000 estimated salvage value. The company uses straight-line depreciation and expects the asset to have a 4-