what is the mean of amountisation



what is the mean of amountisation..

Answer / kiran

Amortization Writing off of he assets of a company over a
number of years, not necessarily depending on the life of
the assets, for the purpose of their replacement of
renewal. It is different from depreciation, which is
periodic writing off of the asset based on its normal life
expectany. Amoritization is usually accompanied by putting
aside money in a SINKINGFUND, so that the considerably
increased cost of replacement or modernization can be met,
when it is needed.

Is This Answer Correct ?    5 Yes 5 No

Post New Answer

More Accounting General Interview Questions

wat is the golden rule of accounting

12 Answers   Capital IQ, Reliance,


Genpect Interview

3 Answers   Genpact, Zenpac,


WHAT IS OPERATING CYCLE?

0 Answers  


fixtures of the the book value rs.2500 sold off at rs. 1600 and new fixtures of the value of rs.4000 were acquired what would be amount of capital loss if cartage on purchase is rs. 5? a.2500 b.900 c.1605 d.4005

1 Answers   Xerox,


What does mean is Profit & Loss Account Shows Debit Balance in Trail Balance ?

6 Answers  






what is a difference between public and private accounting?

0 Answers  


what is prudence

2 Answers  


Please explain subcontracting accounting entries in SAP with realtime example and amount.

1 Answers   IBM,


claim of workers pf esic contribution as expenditure in profi & loss a/c under head manufacturing or Administrative exp ?

2 Answers  


I have an interview in a software company for the post of Functional test engineer. They want the person from bcom Back ground( i am a bcome graduate 2006) and the person Should have good accounts knowledge. Now i want to know What kinds of questions they can ask or can give in written Test. I m nervous coz its been 5 years i have done bcom. So How shud i prepare for interview.Please help?

0 Answers   Manufacturing, STG,


In a housing society accounting if a defaulter having dues consisting of principal amount and simple interest, pays a part amount whether the received amount should be adjusted first against the interest dues and accordingly reduce the balance principal dues or adjusted only against the principal amount, allowing outstanding simple interest to contineously increase/

0 Answers  


What is the Mean of TDS,Benefits of TDS,Demerits of TDS?

1 Answers   Capital IQ,


Categories