Interested to Buy Any Domain ? << Click Here >> for more details...
what is difference between depreciation and amortization ?
- 5 Answers
- 17747 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / mohd. nazar - kuwait
Depreciation is using on tangable assets, but amortization
is on intangable asset i.e. patient.
| Is This Answer Correct ? | 37 Yes | 7 No |
Answer / diana ann isaac
Depreciation is the process of allocating the cost of fixed
assets over the useful life of the asset in some reasonable
manner. When the fixed assets are purchased, they are
capitalized at the time of purchase, rather than expensed
and written off/depreciated over the years for which the
asset is being utilized.
Amortization is the process of writing off intangible
assets like patents, copyrights etc over the subsequent
years.
| Is This Answer Correct ? | 14 Yes | 1 No |
Answer / manish sharma
Depreciation: Depreciation is the value of fixed assets
which is utilised in to a company or any other entities for
a financial year. It is calculated as per income tax law
and as per company law.
Amortisation: Amortisation is the portion of preliminary
exp. or other capitalised exp. which is spread over a
period of years which is fixed by company law and others
time to time.
| Is This Answer Correct ? | 17 Yes | 9 No |
Answer / chandrasekhar
depreciation means the value gradually decrease on tangible
assets and amortization means the value gradually decrease
on intangible assets.
| Is This Answer Correct ? | 9 Yes | 4 No |
Answer / ankur parwal
Amortaization is used for writing of capital expenditures
that do not create any asset (Eg. repayment of debt, debt
amortaisation) or for deffered revenur expenses. is usually
for intangibles.
while
Depriciation is used to reduce the vale of the asset by the
amount by which it is used over the period. and is always
for a tangible asset.
| Is This Answer Correct ? | 3 Yes | 2 No |
Hi any one send me the configuration steps for make to order and make to stock in sap .send to my mail id c.sujatha2008@gmail.com
what mean rtgs & nfts
what is direct tax or inderect tax? all uses form with fill up full?
What is accounts recevable & acct. payble? How they are efect in real life accounts of the company?
what is the accounting treatemnt for issuing material to a subcontractor on recovery basis?
Financial Management vs Management accounting?
Which one is best to company either debt or equity?
What is miscellaneous expense and when it is used
I am a new person to Accounting but i want to learn it. Pls help me by sending BASICS Information,reference books and websites.
what is a security?
1- when will be vat charge, C.s.t charge and excise charge on the goods ? 2- what is different between intra sales & purchase and inter sales & purchase?
fill in the Blanks Working Capital is current Assets__________________
Audit 
