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Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
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 Taxation interview questions  Taxation Interview Questions (1900)
 Accounting General interview questions  Accounting General Interview Questions (2815)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4365)
Question
where do you get Depreciation and Amortization?
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
depreciation is the reduction of the value of transible
asset but amortization is the reduction value of
intransible asset
 
Is This Answer Correct ?    6 Yes 0 No
Sarata Kumar Swain (godhan,ken
 
Answer
# 2
Depreciation is the reducing value of an asset due to
continous usage of an asset, whereas amortization is the
technique to write off intangigle assets.
 
Is This Answer Correct ?    4 Yes 0 No
Abdul Bari
 
 
 
Answer
# 3
it is wear and tear which happen on equepment and other
value items,Depreciation relates to capital assets shown on
a Balance Sheet as Non-Current Assets. These assets are
purchased to be used by the association and are generally
not for resale
 
Is This Answer Correct ?    1 Yes 0 No
Faisal Adam (fdabeeco)
 
Answer
# 4
but where the entry in tally & why not looking in balance
sheet stament in tally
 
Is This Answer Correct ?    1 Yes 0 No
Vedanti Mane
 

 
 
 
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