Accountancy, asked by gayathrijayakumar121, 3 months ago

distinguish between depreciation and amortisation​

Answers

Answered by yabhay2233
2

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.

Explanation:

good night

give me thank

Answered by shikhu76
1

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. 

Hope it will be helpful...please mark me as brainliest and give thanks to my answers and also follow me...✌

Similar questions