How is the balance sheet used to record amortization and why might it be useful as coupon payments are made?

Business

1 answer:

MrMuchimi3 years ago

4 0

Answer:

An intangible asset's annual amortization expense reduces its value on the balance sheet, which reduces the amount of total assets in the assets section of the balance sheet. This occurs until the end of the intangible asset's useful life.

Explanation:

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