what is the difference between depreciation and
amortnisation
Answer Posted / sasi
Depreciation is the dimnution of asset value due to
obsolescence, effluxion of time, etc..,. Only tangible
assets can be depreciated.
Writing off an intangible assets fall under amortization.
example ---Patents, trademark, copyright, etc.,
Is This Answer Correct ? | 32 Yes | 4 No |
Post New Answer View All Answers
What are the accounting conventions and Practices?
What is specific reserve
what is controlership?
Short Answer on _________Accounts Receivable
Debit Note & Credit Note?
What is meant by consignment
purchase car from toyota innova 50000 cheque from one firm and 449893 from other firm.... and 1350000 loan saction from kotak mahindra.....how can entry make with interest
About Funding Working Capital to a Company? A company Turn over is 12 Cr, but in the bank statement credits per month is more that 3 Cr? how this could happen? awaiting your views?
We are working as Merchant Exporter. My Question is can we Sale the products against 'H' Form to the Exporter after purchasing the material against 'C' Form? Or only Manufacturer can make sale against 'H' Form.
What is discounting accounting and why depriciation of assets are mention in dicounting accounting?
as per partership firm TDS receivable at the end of goes to partners current account, but at the multinational company how pass TDS entry pass, where is it is goes
In IGATE, 2 yrs bond for fresher and reverent experience 1 year bond. First z essay writing. “Unforgettable movement ur life” Tiz in ITPL IGATE stopping
When is a dedit note raised When is an expense booked
how to calculate share values of a company.
What is mamimum rate of CST applicable on Plastic Doors in NOIDA?