distinguish between depreciation and amortisation
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Answer:
Amortization and depreciation are two methods of calculating the value for business assets over time. ... Amortization is the practice of spreading an intangible asset's cost over that asset's useful life. Depreciation is the expensing of a fixed asset over its useful life.
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Answer:
distinguish between distinguish between depreciation and amortisation:
☆The key difference between amortization and depreciation is that amortization is used for intangible assets, while depreciation is used for tangible assets.
☆Another major difference is that amortization is almost always implemented using the straight-line method, whereas depreciation can be implemented using either the straight-line or accelerated method.
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