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The term "Amortization" is used for which kind of Assets? 1. Fixed Assets 2. Current Assets 3. Intangible Assets

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Question ajoutée par Utilisateur supprimé
Date de publication: 2013/06/06
Rehan Qureshi
par Rehan Qureshi , Financial Consultant , Self Employeed

And the Correct Answer is 

Intangible Assets! Clapsssss

Abdulsamad Syed
par Abdulsamad Syed , Demand Planner , Emirates Snacks Food

Yes its intangible assets

Majid Alotabey
par Majid Alotabey , Vice President for Operations , Ink Products Company Ltd.

Amortization is used for the depreciation of Intangible Assets

Muhammad Ali
par Muhammad Ali , Manager Internal Audit , Binzagr Company

Intangible assets

Khaled Mohee Eldeen Abbas Mahmoud
par Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed

#3 It is in effect the depreciation of intangible assets

Kamran Muhammad
par Kamran Muhammad , Parts Administrator , Samaco

Amortization use for Intangible Assets (Other than goodwill / Trade Mark / Brand Name)

Danish Farid
par Danish Farid , Tax Associate , Limra Law Firm

Intangible Assets

Kokab Rahman
par Kokab Rahman , Managing Director, Head of Business Development , Radeya Business Services http://www.radeya.biz

Amortization is used to depreciate Intangible Assets.
Intangible assets are recorded initially as an asset but their useful life may be limited, such as in the case of a license or patent.
In that case, periodically the cost of the asset is turned to expense to show the correct value of the business.
When recording amortization, amortization expense is debited and accumulated amortization is credited.

SYED MOHAMMAD WALI SINGHGHANYA
par SYED MOHAMMAD WALI SINGHGHANYA , General Accountant , Ewan Operation and Maintenance Co.

INTANGIBLE ASSETS

Khaled Abdelrehim ACCA DipIFR CMA
par Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

intangible assets

Mohamed Ezat Mahmoud  Mady
par Mohamed Ezat Mahmoud Mady , Accounting and Financial Manager , Trustmed

Intangible Assets

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