Topic: Concept of Amortization
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What are the concepts of depreciation and amortization.?
Tangible assets (such as building, car, computer) are depreciated and intangible assets (such as patent) are amortized. Land is neither depreciated nor amortized. The concepts are similar...you buy an item, say a car for $20,000. You record... Read More »
Source: http://answers.yahoo.com/question/index?qid=20080311092623AAXnlT6
What are the concepts of depreciation and amortization in account...
reread chapter 1 Read More »
Source: http://answers.yahoo.com/question/index?qid=20080425064222AATxSIx
