What is the difference between Depriciation and amortization?

Answer Posted / narasimha rao

AMORTIZATION IS THE REDUCE THE VALUE OF INTANGEBLE ASSETS

REDUCTION THE VALUE OF FIXED ASSET DUE TO USE ,LEASE THESE
CALLED DEPRICIATION

Is This Answer Correct ?    11 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is DRA in bank reconciliation.

1488


What is the content of purchase order? n content of voucher? what is the main use of voucher.

1525


I AM APPLY FOR CLERICAL CADRE IN SBI. SO ANYONE SEND ME QUESTION WITH ANSWERS, WHICH ARE RELATED TO THAT JOB. MY EMAIL ID IS shawetasingh24@gmail.com

1642


What is a Balance Sheet & Profit & Loss Account?

1491


Mention some of the major contributions made by you in your present and previous jobs

5624






why may types of accounts

1730


which are the basic princeples of accountancy... with examples

1729


What is the Technology used to carry out trades?

4100


I have an S Corporation called Trend Foods Inc. I would like to make a division of that company that services computers and call that Trend Computer Service. I do not want to set up another Corporation for Trend Computer Service. Can I just make a division of Trend Foods and what paperwork do I need to fill out to make that happen? Thanks for the help, Jim

1627


Name some errors which can be detected by Trial Balance

1680


Is TDS applicable to Voice Over IP(VOIP) service to an India VOIP service provider? please provide the related acts and case studies.

1776


Expand-------NAST

1670


i AM CURRENTLY DOING B.COM. i INTEND TO PURSUE MY MASTERS AT USA IN ECONOMICS AND FINANCE OR ACCOUNTING...CAN U TELL ME THE CRITERIA AND WHICH EXAM DO I NEED TO QUALIFY FOR???

1508


while passing a journal entry we rite dr. for the a/c to be debited but why don't we write cr. for the a/c which is credited and instead write 'TO'??

1554


What is Acquisition?

2037