Answer Posted / ajay s. chaurasia
Amortization is writing off the value of fictitious &
intangible assets.For example, if goodwill has a fifteen-
year life with a value of $60,000, the amortization expense
on the straight-line method would be $4,000 ($60,000
divided by 15 years.)
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What is the basic accounting equation?
Q1©. Gratuity of Rs. 1,20,000 is received in August, 2007 by Mr. M, a legal heir of Mr. R aged 45 years who died on June 28, 2007. Is it taxable?
Do you possess any knowledge about accounting standards?
Tell me how can you define departmental accounting?
How Many Accounting Principale
if no production is take place at the start of a process in royalty accounting what will be the accounting procedure for that.
Tell us how can you define departmental accounting?
What are the 4 phases accounting?
In accounting, how do you define the premises?
How to prepare in yearly turnover?
i have pay to 250000 excise duty so i ask to all how can maintain entry in tally ?
My company was granted a bank facility of 750,000 for guarantee, performance bond, advance payment, retention guarantee and 100,000 bank overdraft. These facility amount was never added to the company account. a. What is the entry? b. Lien over fixed deposit for 50,000 to be brought upfront c. Lien over gradual buildup for fixed deposit 50,000 by transferring 10,000 monthly from customer's account to separate call account. d. After a month, we had an overdraft of 22,000. What will be my entry? e. After 3 months, we have a construction project and was asked for advance payment of 24,000 with a 25% margin? f. Another company asked for performance bond of 44,200 with 25% margin.
Tell me what is public accounting?
In which ways is math used in accounting
what is groups and and ledgers in tally can you give why we need to prepare them
