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What is amortization?
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Answer / m.s.s.v.sri kumar
The write off intangible assets is called amortization
the term will be used to deteriorate the value of Good will
| Is This Answer Correct ? | 9 Yes | 0 No |
Answer / shivesh
amortization means decrease in value."amortization" word is
mainly used for intangible assets like goodwill,
patent,copyright etc in finance....
| Is This Answer Correct ? | 9 Yes | 0 No |
Answer / rakesh rajan
1. Amortization is the accounting description of writing
down of the book value of an asset over time or the
systematic repayment of debt.
2.Amortization of debt is gradual decrease in the value of
debt through the payment of eregular installments.
3.Amortization is something similar to that of depreciation
in depreciation the value of tangible assets
like machinery, building etc gets diminished
whereas in amortization the value of intangible assets
like goodwill, patents etc gets diminished
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / s.anil gopal
The process of writing of intangible assets is term as
amortization
anilgopal_2020@yahoo.com
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / b.chaitanya
amortization is calaulation on intangibe assetes to wrteoff
is dependig on market vlue of the copaney.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / b.chaitanya
this ia a meathod of to be write o the intangible asset
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / janardhan.
amortization means systamtic writing off on intangible
assets.
| Is This Answer Correct ? | 0 Yes | 0 No |
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