What is the meaning of amortization of capital expenditure for a period of 3 years.
Amortization
Law Aspire (CS) (755 Points)
18 March 2018
1 Replies
Rahul Prasad
(CA Student)
(1683 Points)
Replied 18 March 2018
Amortization is an accounting term that refers to the process of allocating the cost of an intangible asset over a period of time. It also refers to the repayment of loan principal over time.
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