Interested to Buy Any Domain ? << Click Here >> for more details...
what is difference between depreciation and amortization ?
- 5 Answers
- 18039 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / mohd. nazar - kuwait
Depreciation is using on tangable assets, but amortization
is on intangable asset i.e. patient.
| Is This Answer Correct ? | 37 Yes | 7 No |
Answer / diana ann isaac
Depreciation is the process of allocating the cost of fixed
assets over the useful life of the asset in some reasonable
manner. When the fixed assets are purchased, they are
capitalized at the time of purchase, rather than expensed
and written off/depreciated over the years for which the
asset is being utilized.
Amortization is the process of writing off intangible
assets like patents, copyrights etc over the subsequent
years.
| Is This Answer Correct ? | 14 Yes | 1 No |
Answer / manish sharma
Depreciation: Depreciation is the value of fixed assets
which is utilised in to a company or any other entities for
a financial year. It is calculated as per income tax law
and as per company law.
Amortisation: Amortisation is the portion of preliminary
exp. or other capitalised exp. which is spread over a
period of years which is fixed by company law and others
time to time.
| Is This Answer Correct ? | 17 Yes | 9 No |
Answer / chandrasekhar
depreciation means the value gradually decrease on tangible
assets and amortization means the value gradually decrease
on intangible assets.
| Is This Answer Correct ? | 9 Yes | 4 No |
Answer / ankur parwal
Amortaization is used for writing of capital expenditures
that do not create any asset (Eg. repayment of debt, debt
amortaisation) or for deffered revenur expenses. is usually
for intangibles.
while
Depriciation is used to reduce the vale of the asset by the
amount by which it is used over the period. and is always
for a tangible asset.
| Is This Answer Correct ? | 3 Yes | 2 No |
What was the most chlleging task you face while working in SAP FI/MM and how did you solve?
1.how can carry forward the balance of ledgers to the next financial year in tally erp 9
Expand---------DBPC
Expand F I E
Expand---------SPRT
when will be prepared the company accounts
example: thing that u have order 100 goods from the vendor, and he delivered only 80 goods,but he invoice u for 100 goods, then what will be u doing in this suitation?
EXPAND___________LMB
Expand ________EAMCET
HOW CAN WE EXPORT ANY VOUCHER/LEDGER FROM TALLY TO EXCEL.
pls send me capital iq quition paper pls, ihave 2mr interview thanks
What is the Journal Entry if "Office Expenses" of Company A is being made by Company B on behalf of Company A?
Audit 
