what is amortization?
- 3 Answers
- 4948 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / raghupathi vengala
the gradual reduction of an intangible fixed assets is
called amortization
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / 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 |
Answer / raju gupta
reduction in the value of fixed integrable asset is called
amortization....
| Is This Answer Correct ? | 0 Yes | 0 No |
HOW CAN WE CONVERT IN CFT TO A ROUND LOG??
Under the accrual basis of accounting, when revenues are reported in the accounting period?
Describe the advantages and disadvantages of the different accounting packages/systems you have used recently in your accountant jobs
what is the difference between expenses(indirect) and indirect expenses?
how to account pre incorporation expenses
what are the limitations of accounting ratios?
A Lorry driver damaged shed shutter and we deduct 2000/- from his freight amount now what is the head for the Deducted amount?
what will be the entry of income tax paid in partnership firm.
which will be the assessement year for2010-11.
sir, some body tell me how i treat the abnormal fire loss stock :-our company suffer a fire loss during goods in transit (goods were hold at warehouse and fire occured) now how i account for the loss and what type of ledger should i create and under which group
matching concept
Richman Corporation has 120,000 shares of $5 par value common stock outstanding. It declared a 10% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30. Instructions: Prepare the necessary entries for the declaration and payment of the stock dividend.
Audit 
