russtiques
Jun 12, 2012, 12:41 PM
Difference between amortization and depreciation for accounting purposes for a small Business ?
paraclete
Jun 12, 2012, 03:46 PM
difference between amortization and depreciation for accounting purposes for a small Business ?
The two concepts are very similar; the term depreciation refers to the charge created when a physical asset, such as equipment, is written off over a period. The term amortisation is used when another balance such as goodwill is written off over a period