what is the difference between depreciation and amortnisation

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Question

what is the difference between depreciation and 
amortnisation

Question Submitted By :: Digvijaypal

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Answer Posted By

Re: what is the difference between depreciation and amortnisation

Answer
# 1

Depreciation is the dimnution of asset value due to 
obsolescence, effluxion of time, etc..,. Only tangible 
assets can be depreciated.

Writing off an  intangible assets fall under amortization. 
example ---Patents, trademark, copyright, etc.,

Is This Answer Correct ?

27 Yes

4 No

Sasi

Re: what is the difference between depreciation and amortnisation

Answer
# 2

Depreciation is the lessness in value of an assets by there
normal wear and tear and absulate.
 Writing off an  intangible assets fall under amortization. 
example ---Patents, trademark, copyright, etc.,

Is This Answer Correct ?

0 Yes

0 No

Satish Kumar Maurya

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