What is mean by Amortization?

Answers were Sorted based on User's Feedback



What is mean by Amortization?..

Answer / kiran

AMORTIZATION IS THE PROCCESING OF WRITING OF INTENGIBLE
ASSETS.

Is This Answer Correct ?    11 Yes 0 No

What is mean by Amortization?..

Answer / abdul hannan

amortization means writing off your intangible assts

Is This Answer Correct ?    6 Yes 0 No

What is mean by Amortization?..

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

What is mean by Amortization?..

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

Post New Answer

More Accounting General Interview Questions

What is the Corporate Tax, Minimum Alternate Tax, Professional Tax, Business Tax Describe Me

1 Answers   TATA,


what is the difference between expenses(indirect) and indirect expenses?

4 Answers  


What is Profit and Loss Account? What is Balance Sheet?

4 Answers  


describe the rule of garner vs murray and how it relates to the dissolution of a partnership

2 Answers   Chevron,


Over or under provision of what is taken to profit and loss account as profit or loss at the time of termination or sale of Assets?

1 Answers  


How to pass journal entry of gifts purchased for employee by using campany ATM card

1 Answers   XYZ,


Who uses accounting?

1 Answers  


how to pass entry of petty cash in tally 7.2

11 Answers  


hi i want to run vendor debit memo after he paid all amount i want to give discount through miro i am giving the price and quantity and run in through miro the system will pass another two more line iteams extra and shwoing dr/cr balance +/- when i will increase the amount this is also increasing what is the reason i dont know please send me immediately

1 Answers  


what is journal entries

7 Answers  


What is deffered tax liability / assets?

2 Answers  


what is proviosion for bad debts and provision for bad and doubtfull debts

4 Answers   Genpact,


Categories