Accountancy, asked by HEMANTHIYEMINENI, 17 days ago

what are the types of assets and how to amortization of them ?

Answers

Answered by iramhaque07

Answer:

Common types of assets include current, non-current, physical, intangible, operating, and non-operating.

Explanation:

Amortization is an accounting technique used to periodically lower the book value of a loan or intangible asset over a set period of time. In relation to a loan, amortization focuses on spreading out loan payments over time.

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