What is mean by Amortization?
Answers were Sorted based on User's Feedback
Answer / kiran
AMORTIZATION IS THE PROCCESING OF WRITING OF INTENGIBLE
ASSETS.
Is This Answer Correct ? | 11 Yes | 0 No |
Answer / abdul hannan
amortization means writing off your intangible assts
Is This Answer Correct ? | 6 Yes | 0 No |
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 |
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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