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amortization of intangible assets

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

The expensing of an intangible asset from the balance sheet to the income statement.

Dictionary

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  • Debits and Credits
  • Adjusting Entries
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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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