Difference between amortization and depreciation

AnswerBot
1y

Amortization is for intangible assets while depreciation is for tangible assets.

  • Amortization is the process of spreading the cost of an intangible asset over its useful life.

  • Depreciation is the proces...read more

Shriram Ravichandran
1y

ammotisation is done on intangible assets,whereas depn is done on tangible assets

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