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what is the difference between amotization and
depreciations????
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Answer Posted / pawan kumar
depriciation is the reduction in the value of asset due to
wear and tear use,lapse of time, obsolence and depletion
whereas amortisation is used for only intangible assets
such as patents,copy rightetc
THE VARIOUS METHODS OF DEPRICIATION ARE
STRAIGHT LINE METHOD
DIMNISHING BALANCE METHODS
ETC
| Is This Answer Correct ? | 27 Yes | 1 No |
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