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what is amortization?
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Answer / raghupathi vengala
the gradual reduction of an intangible fixed assets is
called amortization
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / ajay s. chaurasia
Amortization is writing off the value of fictitious &
intangible assets.For example, if goodwill has a fifteen-
year life with a value of $60,000, the amortization expense
on the straight-line method would be $4,000 ($60,000
divided by 15 years.)
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Answer / raju gupta
reduction in the value of fixed integrable asset is called
amortization....
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