Interested to Buy Any Domain ? << Click Here >> for more details...
What is amortization?
- 38 Answers
- 56637 Views
- Brigade, Capital IQ, Sri Ram, I also Faced
- E-Mail Answers
Answer Posted / k2
Technically, amortization refers to ANY practice of taking a
larger sum and reducing it by increments over a certain
period of time. Such as, but not limited to, repayment of
debt(loans, mortgages)or capital expenses (on tangible,
intangible assets). To my knowledge, the practice was
introduced after the Great Depression when most debts were
balloon payments with simple interest and cause many houses
to be lost to foreclosure when balloon payments became due
with no capital to back them, hence causing foreclosure.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
deffered tax treatment in financial statements
Pls Explain Accounting Standered 1,3,11,29
Took goods from the shop for use at home? state whether the following transcation is business transcation or non business transaction? with reason?.
Received credit note for Rs 3500 towards transport charges on the goods supplied from Vinod traders. The transport charges were already paid at the time of delivery. Pass entries at the time of payment of transport and for credit note
Hello Frd's This is Mohd NaseerUddin. Is Anyone can help me out to findout a Accounting Peachtree 7.2 note's aswel as Focus notes also Plsssssss helpme out to find it. My E-mail id is mohd_naseeruddin43@yahoo.com
which kind of expenses or Income will come under direct expenses or Income ?
helo sir, i want to know the writen exam pattern for finance and accounts ang general apptitude test of ongc.
business sepsarate entity concepts
In Pricing the gallons of petrol sold,service station 'A' follows the first-in-first-out method,while service station'B'follows last-in-first-out method.On 1st January both has the same quantity in stock viz.6,000 gallons at Rs.26 per gallon.During the month,each station recieved additional supplies of 6,000 gallons at Rs.27.50 per gallon.Sales for each of these two stations,during the month,were 8,800 gallons at Rs.29 per gallon. Determine for each service station,profit earned during the month and value of the petrol in stock at close of the month.
sir, i am working recruitment con.pvt ltd inthat one person salary will pay per month Rs.28000/- so i want to enter in our books only one salary payment or basic pay and spl.aa and others like this break up entrys we will pass please suggest
about tally erp9
How to increase our credit rating score quickly?
what is forecast
Hi guys, If anyone have gone through the CAPITAL IQ-Junior Research Associate interview then plz let me know about its pattern..and if anyone hav its placement papers or any other information then plz post to me at arshadbasha_mba@rediffmail.com
types of inventory
