CA Foundation doubt
What is amortization in depreciation chp
Asked by Ruksar4 May 2024365 views
6 answers
Ruksar · 4 May 2024
Thanks for giving explanation in detail
Anas · 4 May 2024
Amortization in depreciation is the systematic allocation of the cost of intangible assets over their useful life. Unlike tangible assets, which depreciate, intangible assets like patents, copyrights, and trademarks undergo amortization. It spreads out the cost of the asset over time to match its economic benefits.
Himesh · 4 May 2024
Decrease in value of debts
Goongoon · 4 May 2024
It is depreciation on intangible assets
Shreyas · 4 May 2024
Like patents
Shreyas · 4 May 2024
Depreciation of intangible assets
Free app · 5 lakh+ learners
Ask your doubt in the Studycaller app
Read full notes, ask doubts, follow toppers and track your study hours — free on Android and iPhone.