Amortization

Depreciation and Amortization

These are methods which are used to prorate the cost of a specific type of asset’s life. One of the main principles of accrual accounting requires that an asset’s cost…

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Depreciation and Amortization

Usually accountants use amortization and depreciation when they need to spread out the assets during the period when a company uses the costs of assets. In other words, it is…

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