What is amortization?
- 38 Answers
- 47785 Views
- Brigade, Capital IQ, Sri Ram, I also Faced
- E-Mail Answers
Answer Posted / sathya
suppose if i take 1000rs as loan form a bank and will pay
200 every month then after the first month my principal
value will be reduced and will become 800.Then i will have
to pay interest for only that reduced value.So amoritsation
refers to decrease in the principal value over a period of
time.
| Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
what is your achievements?
What is outsider equity and time interest period ratio?
What are the Types of invoices batching? & what is 3 way batch?
Define `Realisation` Account? Explain the salient features?
How can a company reduce profit
when apply for ragistred in central excise no
Sir i am working in 3 star hotel as a senior accountant i need some general letter drafts pleas do the need ful
When is the profession tax applicable? Is there a liability on the employer to pay PT? What is the amt of PT in case salary exceed Rs. 10,000/- pm
HI, FREINDS, I WANT TO KHOW IS THE CFP (CETICFIED FINANCIAL PLANNER) IS A GOOD COURSE, IS THEY ANY INSISTUTE IN HYDERABAD,IF ANY ONE DOING THIS COURSE PLEASE REPLY ME.
Ram retired from partnership. The partners with mutual consent agreed to put the capital balance as on the date of retirement as loan to the firm @ 18% pa. The credit balance to his capital account was Rs 325000/- Pass necessary entry
what is contigent liabilities? whats it status in balance sheet?
How can you actualize cah flows of 5 years at 8%
How can i get GR form (GR No.) for Exports ? please give me a link of website with steps ?
difference between vat 47 & vat 49
Whatis new GL & Odd G.L What is the difference between these two.
