What is amortization?
- 38 Answers
- 48094 Views
- Brigade, Capital IQ, Sri Ram, I also Faced
- E-Mail Answers
Answer Posted / kamani
Amortization or amortisation is the process of decreasing,
or accounting for, an amount over a period of time. The
word comes from Middle English amortisen to kill, alienate
in mortmain, from Anglo-French amorteser, alteration of
amortir, from Vulgar Latin admortire to kill, from Latin ad-
+ mort-, mors death. Particular instances of the term
include
Amortization of capital expenditures of certain assets
under accounting rules, particularly intangible assets, in
a manner analogous to depreciation.
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
Your company code use USD as the company currency. You are trying to post to an account in EUR but get an error message that you can see the problem. What is the reason?( any 1 answer) • The currency maintained in the account master record is USD • The translation rate between EUR and USD is NOT maintained • The only balances in local currency indictor is set in the account. • The account determination for exchange rate difference is missing for the account
i am called for interview but im getting confused wt sort of questions i wd have to face,its a bank job and post is cash ofiicer please help me.
what is CDD’s configuration
shares journal entries
explain sales/purchase accounting?
How & When We Calculate Deffered Tax... Please Give me Some Example.?
Dear Sir, My qus is my co. purchase a laptop from Abc.co. for rs-37200 on credit Emi basis from hdfc bank. i paid every month 6200rs as a installment. so i want to know how i make a entry in tally 9. and also want to know i creat laptop ledger under fixed assets or office expenses. plz tel me soon.or mail me .
I need all WNS interview questions
What is revaluation of assets.when it occurs
What is the meaning of Receipt & Payment, Income & Expenditure, Profit & Loss A/c? Under What cercumstances these are prepared?
what are the differences between Tally and Focus?
what happens to each of the three primary financial statements when capital expenditures decrease?
3.In TALLY,we used to call tally erp 9.like that,in sap we used to call SAP ECC 6.0.here what is ECC?,i know the abbreviation of ECC.i want to know the role of ECC?
Expand-----RTD
What is EBITDA
