What is mean by Amortization?
Answers were Sorted based on User's Feedback
Answer / kiran
AMORTIZATION IS THE PROCCESING OF WRITING OF INTENGIBLE
ASSETS.
Is This Answer Correct ? | 11 Yes | 0 No |
Answer / abdul hannan
amortization means writing off your intangible assts
Is This Answer Correct ? | 6 Yes | 0 No |
Answer / sunny
Tangible assets are depriciable on the other hand
intangible assets areamortizes it means the different name
of depricistion
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / yogendra.c
Amortization is an accounting term that refers to the process of allocating the cost of an intangible asset over a period of time. It also refers to the repayment of loan principal over time.
Is This Answer Correct ? | 1 Yes | 0 No |
How do I record a prior year property tax refund on sale of asset due to overvaluation
What are mis reports?
How do you prepare mis reports?
What is general entry credit purchase?
what is accounting disclosure
difference between stock and share
Topic contra entry; How to post cash withdrawn from bank for office work? the journals to be passed?
what are the different methods of teaching share and debenture to pre degree students
What have you read in the newspapers in the last few days that particularly interested you?
how to calculate ratio of closing stock?
In tally software what is the difference between restore and backup?
What is the cost of goods sold?