Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


what is amortization

Answers were Sorted based on User's Feedback



what is amortization ..

Answer / nagarjunamfm@gmail.com

it is a process of writing off intangible assets.

Is This Answer Correct ?    11 Yes 1 No

what is amortization ..

Answer / sejal

Generally we calculate Depriciation on Fixed assets....but
we can not calculate depriciation on Intingible assets like
patent ...so we calculate amortization on it...

Is This Answer Correct ?    6 Yes 0 No

what is amortization ..

Answer / harish

its writing of the cost of an asset or investment over its
useful life. Amortisation is liked with intangible asset----

Is This Answer Correct ?    2 Yes 0 No

what is amortization ..

Answer / ramesh.valabellary

Reduction in value of intangeble assets like goodwill.

Is This Answer Correct ?    2 Yes 0 No

what is amortization ..

Answer / nagaraju tungapati

Amortization is the process of writing off of an intangible
assets like which we can't see but when covert into the
value of money it is value i.e goodwill.

Is This Answer Correct ?    0 Yes 0 No

what is amortization ..

Answer / svkavani

Amortization is a method of write down Fixed Assets over its useful life.For instance You can not depreciate Patent so we Amortize it.

Is This Answer Correct ?    0 Yes 0 No

what is amortization ..

Answer / samba shiva

its just like a paying back money in instaulments on a loan
taken

Is This Answer Correct ?    0 Yes 2 No

what is amortization ..

Answer / rakesh

amortization means it just like the repayment of loan in
installmets to my understanding amortization is what i have
said.

Is This Answer Correct ?    2 Yes 12 No

Post New Answer

More Accounting AllOther Interview Questions

Which balance for profit ? debit or credit? also which balance for Opening Stock?

4 Answers  


Started business with cash 50000

1 Answers  


is TDS is applicable on purchase of geo textile fro outside state c.s.sarmah Assam

1 Answers  


what is oppurtunity cost

6 Answers   Capital IQ,


what is demeterilization

3 Answers   Broadridge,


Expand --------CAIR

2 Answers   DRDO,


What is Subsidiary book?Explain the different Books along with debit note& credit note?

4 Answers  


Expand-------ANCS

0 Answers  


kindly given the example of contingent liabilities.

1 Answers   Harsha Toyota,


What Does Suspense Account Mean?

13 Answers   Capital IQ, Talk Delta,


Expand---------DRC

1 Answers  


From the following find out a. Profit Volume ratio b. Break even point c. Sales for 40% P/V Ratio d. Margin of safety from the sales Rs 3,00,000 e. Net profit from the sales of Rs 3,00,000 f. Required sales for the new profit of Rs 70,000 g. Required sales for the net profit of Rs 70,,000 after tax, the corporate income tax being 40% h. Additional sales required to convert an increase of Rs 3000 p.a. in the sales manager salary Sale 2,00,000 Variable Overheads 1,50,000 Profit 50000 Fixed overheads 15000 Net profit 35000 Sl No Heads of Account Debit Rs Credit Rs 1 Drawing and Capital 750 15,000 2 Stock as on 01.01.2009 69720 3 Bills Receivable and bills payable 1000 1180 4 Returns 300 320 5 Purchases and Sales 4500 8300 6 Wages 70 7 Discount 30 8 Salaries 200 9 Canara Bank Shares 3000 10 Insurance 120 11 Building 3000 12 Furniture 700 13 Debtors and Creditors 600 1300 14 Cash in Hand 470 15 Overdraft at bank 900

0 Answers  


Categories