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What is mean by Amortization?

Answers were Sorted based on User's Feedback



What is mean by Amortization?..

Answer / kiran

AMORTIZATION IS THE PROCCESING OF WRITING OF INTENGIBLE
ASSETS.

Is This Answer Correct ?    11 Yes 0 No

What is mean by Amortization?..

Answer / abdul hannan

amortization means writing off your intangible assts

Is This Answer Correct ?    6 Yes 0 No

What is mean by Amortization?..

Answer / sunny

Tangible assets are depriciable on the other hand
intangible assets areamortizes it means the different name
of depricistion

Is This Answer Correct ?    3 Yes 0 No

What is mean by Amortization?..

Answer / yogendra.c

Amortization is an accounting term that refers to the process of allocating the cost of an intangible asset over a period of time. It also refers to the repayment of loan principal over time.

Is This Answer Correct ?    1 Yes 0 No

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Does anybody know anything about BirlaSoft? I got a job offer, they sent me a contract to sign and return, but thank God they didn't ask for any money! But, they said they would send me a check in the mail. And as my first "task" I would have to use that check to order a bunch of accounting software, and I would need to purchase this software ONLY from the vendors that THEY provide. Is this a scam to just get money? I'm wondering if they "own" the vendor they "work" with and launder money that way. I asked the person who was getting my information, as far as my name and address to send the check to, Why would I have to buy software to install in my home computer anyway? Couldn't they just send me a link for the software to download? I'm afraid of the check being fake. Because, if I deposit the check into my checking account and it turns out to be fake, then I'll owe the bank all that money! Hope to hear from someone soon. Thanks.

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