what is the difference between depreciation and
amortnisation

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what is the difference between depreciation and amortnisation ..

Answer / sasi

Depreciation is the dimnution of asset value due to
obsolescence, effluxion of time, etc..,. Only tangible
assets can be depreciated.

Writing off an intangible assets fall under amortization.
example ---Patents, trademark, copyright, etc.,

Is This Answer Correct ?    32 Yes 4 No

what is the difference between depreciation and amortnisation ..

Answer / satish kumar maurya

Depreciation is the lessness in value of an assets by there
normal wear and tear and absulate.
Writing off an intangible assets fall under amortization.
example ---Patents, trademark, copyright, etc.,

Is This Answer Correct ?    5 Yes 0 No

what is the difference between depreciation and amortnisation ..

Answer / lipsa pati

depreciation :the gradual degradation in the value of
physical assets due to wear and tear or technical
obsolescence etc.
amortization :the cancellation of non-physical assets like
patents and copyrights due to maturity, non-renewal or legal
restriction.

Is This Answer Correct ?    3 Yes 0 No

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