Mes: mayo 2021

For companies to record amortization expenses, it is necessary to have some specific amounts. Firstly, companies must have the asset’s cost or its carrying value recognized based on the related standards. The journal entry for amortization differs based on whether companies are considering an intangible asset or a loan. Overall, companies use amortization to write …

Amortization Definition, Assets, Loan, Example Leer más »