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
Avantika Gaurav,MBA
1y
The distribution of intangible assets Cost over the courses of its useful life is known as amortization.where as depreciation is a fixed asset is expanded for depreciation in order to account for the ...read more
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