Give one difference between amortisation and depreciation?
sanju2938:
The key difference between amortization & depreciation is that amortization is used for intangible assets, while depreciation is used for tangible assets
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Deprication charge on tangible assets like machine truck etc
And amortisation change on intenbile asset like goodwill patent etc
And amortisation change on intenbile asset like goodwill patent etc
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