Remove 2024 Remove business tax Remove Expense Amortization
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Amortization in accounting 101

ThomsonReuters

The amortization period is the amount of time in which the company expects to generate revenue from the license. Is amortization a liability or expense? Amortization is a non-cash expense. the expenditure required to acquire the asset) of an asset to expense over the asset’s useful life.

Account 52