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Acumen Learning
Depreciation vs. Amortization
Depreciation and amortization is essentially spreading out the cost of a larger priced item over the course of its life. This helps to even out the profitability of a company, and allow for equal amounts to be deducted on the P&L. The only difference between depreciation and amortization is that depreciation is for tangible assets, and ...
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Jan 17, 2023
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