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WHAT IS Amortisation??

Answers were Sorted based on User's Feedback



WHAT IS Amortisation?? ..

Answer / middevenkatesh

amortization is the written off intangible assets. e.g
,goodwill written off

Is This Answer Correct ?    43 Yes 5 No

WHAT IS Amortisation?? ..

Answer / rajesh kumar panigrahi

Amortisation and depreciation are the same concepts.
However tangible assets are depreciated,whereas intangible
assets are amortised

Is This Answer Correct ?    20 Yes 0 No

WHAT IS Amortisation?? ..

Answer / ravi.h

Amortisation is the process of written off intangible assets.
ex:goodwill,trade mark,coppy right
these are the limited useful life.Hence their cost must be
written over such perid

Is This Answer Correct ?    6 Yes 0 No

WHAT IS Amortisation?? ..

Answer / gangadhar

depreciation of intangible asset is called amortization, for
example good will written off, preliminary expenses

Is This Answer Correct ?    4 Yes 1 No

WHAT IS Amortisation?? ..

Answer / ps21

1. The provision to pay a debt over a period of time.

2. The gradual repayment of borrowings in a series of
installments.

3. A transaction or security where the principal reduces
over the life of the agreement.

4. The writing off or reduction in value of an intangible
asset over time (c.f.depreciation)

5. Allocation of the cost of an asset over its estimated
useful life

Is This Answer Correct ?    6 Yes 5 No

WHAT IS Amortisation?? ..

Answer / hari krishna

The process of writing of intangible assets is term as amortization

Is This Answer Correct ?    1 Yes 0 No

WHAT IS Amortisation?? ..

Answer / ankur bhushan

it is the term that is use for writing off the intangible assets e.g. Goodwill, patent, trademark etc.

Is This Answer Correct ?    0 Yes 0 No

WHAT IS Amortisation?? ..

Answer / bibhuti bhusan naik

Amortization (or amortisation) is the process of
decreasing, or accounting for, an amount over a period.

Is This Answer Correct ?    0 Yes 1 No

WHAT IS Amortisation?? ..

Answer / praveen

a revenue expenditure which is incurred in a year if it is
spread over a period of time then it is known as amortisation

Is This Answer Correct ?    3 Yes 6 No

WHAT IS Amortisation?? ..

Answer / pooja

a present value of money that has been transformed into
an eqivalent series of cash flow considering the time value
of money

Is This Answer Correct ?    2 Yes 5 No

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