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What is Depreciation and how is it different from amortization
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Answer Posted / shivani jhamb
Depriciation is a permanant, continous & gradual shrinkage
in the book value of a fixed assets.Difference between
Depriciation & Amortization is - Depriciation is charged on
tangible assets & Amortization is a process of writing off
the value of an intangible assets.
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