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Categories >> Accounting >> Accounting AllOther


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where do you get Depreciation and Amortization?
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
# 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
# 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
# 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)
# 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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