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01 September 2011 what is the meaning of amortization with example and jounral entry also........how is different from dep.......what is the capitalization with example and jounral entry also?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
02 September 2011 Amortisation is for non tangible asset like depreciation for tangible asset

entry is same like depreciation

Dr: Amortisation
Cr: Asset a/c

Capitalization is just debit the fixed asset or capital asset which is useful more then 1 financial year
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