Difference Between Depreciation and Amortization With Examples
What is Amortization? Amortization is an accounting method used to spread the cost of an intangible asset over its useful life. Intangible assets, such as patents, copyrights, trademarks, and goodwill are those assets that have no physical presence but have value because of the rights or privileges they grant to the owner. Amortization allows the … Read more