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where do you get Depreciation and Amortization?
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Answer / sarata kumar swain (godhan,ken
depreciation is the reduction of the value of transible
asset but amortization is the reduction value of
intransible asset
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / abdul bari
Depreciation is the reducing value of an asset due to
continous usage of an asset, whereas amortization is the
technique to write off intangigle assets.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / faisal adam (fdabeeco)
it is wear and tear which happen on equepment and other
value items,Depreciation relates to capital assets shown on
a Balance Sheet as Non-Current Assets. These assets are
purchased to be used by the association and are generally
not for resale
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / vedanti mane
but where the entry in tally & why not looking in balance
sheet stament in tally
| Is This Answer Correct ? | 1 Yes | 0 No |
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