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How do you amortize goodwill? provide an example.How do you amortize goodwill? provide an...

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Accounting

How do you amortize goodwill? provide an example.

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Amortization is similar to that of depreciation The difference is that depriciation is for tangible assets and amortization is for intangible assets Amortization is basically reduction in the value of an intangible asset example goodwill patent copyright over the useful life of an intangible asset in the systematic manner means    See Answer
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In: AccountingHow do you amortize goodwill? provide an example.How do you amortize goodwill? provide an example.

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