How is amortization expense of intangible asset

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Reference no: EM133674897

Questions

1. What is amortization, and how is it different from depreciation?

2. How is the amortization expense of an intangible asset calculated, and how is it recorded in the financial statements?

3. What is the purpose of amortization, and why is it important for financial reporting and analysis?

Reference no: EM133674897

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