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what is amortization?

Answers were Sorted based on User's Feedback



what is amortization?..

Answer / raghupathi vengala

the gradual reduction of an intangible fixed assets is
called amortization

Is This Answer Correct ?    4 Yes 1 No

what is amortization?..

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.)

Is This Answer Correct ?    0 Yes 0 No

what is amortization?..

Answer / raju gupta

reduction in the value of fixed integrable asset is called
amortization....

Is This Answer Correct ?    0 Yes 0 No

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